VinFast’s New Factory: More EVs, Less Waiting?

VinFast just fired up a second car factory in Vietnam, hoping to pump out more affordable electric cars—think city runabouts, not luxury rides. While they dream of going global (hello, US and India!), they’re hitting speed bumps like tough competition and slower-than-expected demand. For us? More factories could mean cheaper EVs and shorter wait times, especially if you’re eyeing a wallet-friendly electric car soon. Keep an eye out—VinFast might be rolling into your city next! #EVs #VinFast #ElectricCars #Business #EntrepreneurshipStartup