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VinFast designs and manufactures a range of electric vehicles, including SUVs like the VF 7, VF 8, and VF 9, alongside e-scooters and electric buses. The company integrates advanced technology and distinctive design into its products, leveraging a highly automated manufacturing complex in Hai Phong, Vietnam. VinFast emphasizes sustainable mobility solutions through its extensive research and development efforts and global partnerships.
The company was established in 2017 by Vingroup, Vietnam’s largest private conglomerate, founded by Pham Nhat Vuong. The insight behind VinFast was the belief that a sustainable future necessitates accessible, smart, and environmentally friendly electric vehicles for a global audience. This initiative extended Vingroup’s three-decade mission of improving lives in Vietnam to the international automotive sector.
VinFast targets a broad customer base seeking innovative and safe electric transportation, initially focusing on the Vietnamese market before expanding globally to North America and Europe. The company’s long-term vision centers on creating a sustainable future by leading the electric vehicle transition and making eco-friendly mobility solutions universally available.
Key people at VinFast.
VinFast was founded in 2017 by Pham Vuong (Founder).
VinFast was founded in 2017 by Pham Vuong (Founder).
VinFast has 3 tracked investments across 3 companies. The latest tracked deal is $25.0M Series A in AM Batteries in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2022 | AM Batteries | $25.0M Series A | Anzu Partners | Action Potential Venture Capital, AT ONE Ventures, Creative Ventures, EDP Ventures, Energy Impact Partners, GE Ventures, GS Futures, JAY, Queensbridge Venture Partners, RA Capital, Seventure Partners, MO EL Bibany, TIM Ferriss, Doral Energy Tech Ventures, Foothill Ventures (formerly Tsingyuan Ventures), Saic Capital, Anil Achyuta, Lisa Coca, Zeon Ventures |
| Nov 1, 2021 | Eatron Technologies | $11.0M Series A | MMC Ventures | Aster Capital, DN Capital, KOMPAS VC, #secretfund, Charlie Songhurst, Florian Douetteau, Frederic Montagnon, Julien Romanetto, Michael Benabou, Nicolas Steegmann, Thibaud Elziere, Zehan Wang |
| Sep 20, 2021 | AMB | $3.0M Seed | Foothill Ventures (formerly Tsingyuan Ventures), TDK Ventures | Creative Ventures, Doral Energy Tech Ventures, Saic Capital |
Key people at VinFast.