Vinfast: Vietnamese EVs

[Mahler9th]

"Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut"

ttps://www.cnbc.com/2023/08/16/ev-maker-vinfast-is-now-worth-more-than-the-likes-of-ford-and-gm.html

I find this very interesting.

[unclebilly]

How? Have you sat in one?

[David]

Isn't this the one that all the testers thought was not even close to ready for public use.

[masraum]

Originally Posted by Mahler9th

"Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut"

https://www.cnbc.com/2023/08/16/ev-maker-vinfast-is-now-worth-more-than-the-likes-of-ford-and-gm.html

I find this very interesting.

I didn't read the article, but I have to assume that this is due to folks hoping to get rich, and is likely a bubble that's going to burst.

Originally Posted by David

Isn't this the one that all the testers thought was not even close to ready for public use.

Without having any real knowledge about this (never heard of it), that would not surprise me. But good luck to them.

[David Inc.]

Originally Posted by David

Isn't this the one that all the testers thought was not even close to ready for public use.

Yep, and they've delayed / slowed their entrance to the US market.

[Zeke]

Don't all the big traders jump in early and then quietly sell off taking a profit?

[unclebilly]

They had some on display and were doing test drives in Santa Monica last fall.

They have a dealer in Canada now and the price is attractive.

Still, another EV from a car manufacturer nobody has heard of… like the Hyundai Pony from 1986 but electric…