This Tesla Contender is Building an Empire Scarily Quickly
ฝัง
- เผยแพร่เมื่อ 15 มิ.ย. 2024
- The VF8 may look like just another electric car but delve a little deeper and you quickly discover that Vinfast, the company behind this car, is on a serious and scarily ambitious mission. Worldwide, Vingroup may not be a familiar name but in Vietnam Vingroup's influence touches almost every part of everyday life - from building cities, schools, Artificial Intelligence, hospitals and now electric cars... With plans to launch the VF8 and VF9 in the US and Europe, a myriad of partnerships and a novel battery leasing model, the question is not only can they do it, but why bother?! Imogen went to Vietnam to find out!
0:00 Introduction and dried noodles
0:52 Why even bother?!
1:30 Building an empire
2:35 The CEO wants to be top
3:17 DisneyLand?!04:30 Crypto and NFTs?
6:08 Swamp to Factory - a timeline on steroids
7:17 A bid to go global!
8:27 Sceptics and Iron Man
9:04 Inflation Reduction Act - a massive headache?
10:40 Battery Leasing?
11:58 Back to the noodles and concluding thoughts
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#evs #electricvehicles #cleanenergy #Automotive #StartUp #Vinfast #Vietnam #Tesla #batteries #battery #batteryleasing - ยานยนต์และพาหนะ
It's great to see a country that has suffered so much over the years develop and grow. A great country and people it's one of my favourite places to visit
Việt cộng like to play the victim card when it comes to extracting the maximum economic benefits from the west.
Tell me again who always sides with China and Ruzzia in the UN votings.
Thank bro .
Thank you
Viet Nam could be a democratic country with freedom of speech like South Korea, Taiwan , Japan or better-governed countries like Malaysia in the region. But no, the ruling communists impose a socially oppressive regime on the people.
Yes, Viet Nam suffered from the war but that is no excuse for the oppressive regime, which causes even greater damage and suffering - economically and socially. Nowadays, every year, a large number of Vietnamese youth have to go overseas to find employment because there is no future for them under the communist ruling. It's painful to say but you easily find Vietnamese women working as street vendors in Bangkok or a prostitute in Singapore.
@@ongmat4439 my friends mostly now can earn 700millions a year in a export company (100% Vietnamese private owners) university degree (30-40s year old), but worker classe, manual laborers like to work overseas in developed countries because of different in exchange rate . They have to save a lot to send money back home. Once Vietnam become developed, exchange rate isn’t an advantage, there would have no more people to go overseas to work as workers or in other agricultural jobs
Not to be a downer, but a bog has been proven to be one of the most effective carbon sinks in nature, and they built on it! The human condition needs to change its mind set if we are to improve this world of ours!! Whats powering that factory, because I cannot see any solar on that roof?
Thank you!
Climate equity. Look it up. 60 years ago, America dumped the cancinogenic defoliant agent orange all over this country. What did THAT do to the rainforests? No, I dont think anyone in the West has the right to tell Vietnam what they can do with their swamps or forests.
A bog is not going to produce EV's to replace ICE vehicles. What will have a bigger impact? A bog or 100.000's of EV's replacing ICE?
@@user-yn5sk5ru5g one in addition to the other
@@user-yn5sk5ru5g The bigger positive impact you describe could just as easily be achieved by a factory that wasn't built on a bog. Meanwhile, the bog cannot be replaced.
They should get into the oil industry. VinDiesel 😂
or the toilet industry? VindaLoos 💩
Nah...the unscrupulous land grabber in socialist Viet Nam would have no chance of success outside ...the unscrupulous land grabbing.
Having lived in Vietnam for 3 years I am 100% sure that Vinfast will be a success.
Vietnamese have an incredibly hard worth ethic as a nation as well as a very well educated population of under 35 year olds.
Vin group as a whole is part of everyday life in Vietnam.
You can be:
- born in a Vinmec hospital
- learn in a Vin school then Vin University
- use a Vinphone smart phone
- live in a Vinhome
and more.
It will work and I would buy one of their vehicles.
for a poor country, Vietnamese students are ranked in the top 8 in math, physics, chemistry, science medals. Even doing better than the US and Canada. Their PISA student test scores are also one of the best in the world when comparing against many countries. IT's the only developing countries doing as well in PISA scores or better than almost all rich Western countries. They're a smart and intelligent people.
@@janchxxheonczsekk6412 , With all that potential, the Vietnamese people deserve a better life.
However, the whole country has been weighed down with corruption at all govt levels for too long.
As a result, socialist Viet Nam is still one of the backward countries with socially oppressive regime on earth.
@@ongmat4439 I agreed with some parts of your post but some parts of it are bullshit and I’m calling you off on it. You sound like one of those old Saigon anti communist regimes. who can’t let go of the war!
Time to mine on and let the country heal. I’m very anti communist and follow the country’s development a lot. You have to give them credit where it’s due. It’s developing rapidly and one of the world’s manufacturing hubs now. Why can’t u give them credit for that???
As long as you don’t threaten their rules you’re fine. It’s nothing backwards like you said. And it’s a lot more progressives on gay rights than many Western and developed countries. You can’t even acknowledge it. You rant some nonsense over and over.
Do you even know under their rules woman are in many top levels of government and in business? Vietnam has one of the highest rates where woman are in top positions of the company. Look it up.
You probably one of those that admire Singapore and probably don’t know it’s a one party rule that’s super strict and also suppresses protests and freedoms. Not as bad as Vietnam but almost there.
That sounds pretty dystopian
@@sneaky_krait7271 exactly. If you want to support an oppressive communist regime, then buy Vinfast.
Swamps are important carbon sinks. Drying up a swamp, is terrible for the environment.
And floods
but swamp are cheap land.... important for fat profits
Swamps in Vietnsm is different. It only mud and some plant on this
@@NguyenNgoc-zk1vy That is an obvious lie …or a poor attempt at humour?
The site was underwater at the time…
Fascinating - what a company rising from the ashes of a war of independence. Great video / thanks Imogen. 👏👏
It's an unscrupulous land grabber, which was only established by the communists for more "legalized" land grabbing.
Land grabbing is a cancerous business in socialist Viet Nam, which results in thousands of families lost their homes and land ever year.
Yay! Go communism! Lol. 🙄
@@sports2hedz542 To be honest there is no real communist country on the globe anymore. Vietnam is more of mixed economy. Real communist country are Soviet Union which die in the past.
@@vietnamemperor123461 North Korea .
@@sports2hedz542 No problem. We're glad to be here .
Imogen is a cracking presenter. A very impressive young lady. Obviously intelligent and personable she brings polish to an already slick presentation norm. It is such a delight to hear English spoken so clearly and expressively. A great video with superb production standards worthy of the cinema well done all concerned.
There is a reason companies like Renault moved away from battery lease. As one of the people who owned a Zoe with a lease, it was gut wrenching to see that money come out each month for something I had already bought. Then a year after buying the car I had to contact Renault to increase the price of my lease so I could do more miles when my circumstances changed, which just made things worse. It took away all the saving I gained from buying electricity instead of petrol. I honestly think the average person would have went back to an ICE car after all the hassle of a battery lease, I only stuck it out because I knew that newer cars didn't have battery leases and I was trying to convince my parents to try electric as well. Lithium ion is well proven at this point to not degrade fast enough to warrant leasing the battery, and it puts off customers when you are adding additional monthly costs for no real benefit.
Yeah, I wouldn't lease a pack
You have both options with Vinfast: either lease a battery or buy cars with battery. Most Vietnamese prefer the former but Vinfast has realised that most western customers like the latter.
Renault was a risk taker in a market that wasn't ready -- I remember test driving a Fluence (lovely car) which disappeared silently a year later. And unfortunately, they're still trying to extract revenue out of the Zoë, heavily punished by NCAP ratings. In the lease/subscription model, a lot of acquired notions will need to be abandoned, and the public will have to be "educated" to the new terminology. Volvo is trying, but their subscription model is less practical that classic PCP at the moment, and BMW did it the wrong way (again) attracting criticism for their subscription heated seats. The idea of leasing the battery is not to add monthly costs, it's to finance the car differently. Ultimately, it's a calculation model.
@@Alessandro--- Basically, as the battery is the expensive part of the vehicle buying the car without the battery but on rent means it’s much cheaper entry price.
Although that does raise the question ‘why isn’t it rent to own’? Where you are just paying off the cost of the battery until you eventually own the whole car, because really that’s essentially what people are trying to do. Unless that is an option and I just haven’t heard it mentioned before.
Granted from a company perspective it makes sense to hold onto your batteries instead of sell them because they are just that good and worth a lot, even second hand. So if anyone wants to rent instead of buy because of fears the batttery will need to be replaced after a few years well it seems like they could be really missing out on investing in a very valuable asset, although the company probably doesn’t mind if people let it keep said valuable asset.
If the battery was rented at a cost that takes into account the second+ life cycle of the battery and thus didn’t try to recover the whole cost of the battery then maybe renting would make sense, if you don’t mind being connected to a company that long, but I haven’t run any figures merely musing out loud.
I hear what you're saying, but America (in particular) is the land of the lease. So Vinfast _probably_ won't have to worry about 'out right' sales, and the battery will simply be covered in the monthly payment.
Vietnam's been nailing it lately. I do hope it will have a spill over effect to Cambodia.
In reality, it is the opposite.
A small country with no natural resources like Cambodia has progressed so much - socially and economically.
Meanwhile, a country with great potential like socialist Viet Nam has been weighed down with destructive and harmful corruption at all govt levels.
In reality in socialist Viet Nam, getting corrupt is a way of doing business, a way of life.
@@ongmat4439 Thành phần tự nhục
@@Next.Channel , In the South East Asia, socialist Vietnam is one of the poorest countries in the region.
To give you a good picture, socialist Vietnam's income per capita is much lower than Thailand, Malaysia and Indonesia.
The cancerous corruption at all the govt levels coupled with a socially oppressive regime have weighed down the country despite the big potential.
@@ongmat4439 Liên quan gì đến cái video này. Nước nào chả tham nhũng và thứ 2 VN mà nghèo nhất thì xin lỗi thì mày không ở VN mà ở bên hội cali đúng không. Về VN chưa mà biết nghèo
@@ongmat4439 Năm 2020 GDP Việt Nam có thể vượt mốc 400 tỷ usd
Việt Nam chỉ được Mỹ bỏ cấm vận 25 năm , đến năm 1990 mới hết chiến tranh.
So sánh vớ vẩn.
I dropped by one of their showroom in the Los Angeles area and I came out very impressed. The VF8 didn't look good in pics and in all the TH-cam vids I saw but once I saw and sat in it in person last week, I was super impressed. It look better in person and the car look sturdy and well built. Iven been driving a Tesla Model 4 since 2018 and the VF8 is very similar though better looking on the exterior and interior. There's also more high tech that are standard and the graphics on the screen is a lot better than Tesla.
Very impressive. And the VF8 is not the one I like. I prefer the VF7 and VF9. After seeing them in the showroom, they can succeed in the US as long as the pricing is good and marketing their products well with good customer service.
bro is driving tesla model 4 from the planet zod 👽👽👽
@@manenwan lol it's a typo man...i meant a model 3 not a 4 lol
@@manenwan Even better, he drove a Model 4 from the future! He's from the future! LOL
@@KP-xi4bj , that janchxxheonczsekk is a salesman for Vinfast and disguised as an innocent and gullible car buyer.
You can see that lot very often under the commentary section of their videos.
@@ongmat4439 100% true.
I believe wetlands are a major natural source of carbon capture and storage, so is draining a swamp to build cars really something to be passed over without comment? I’m not against EVs, and would dearly love to be able to afford one, but wetlands are a rapidly decreasing precious natural resource.
I can agree to Potter's statement.
@@RK-gy9tc The same for me. Conter productive choice for global company that try to move for a more sustainable future. I guess that what happen wen you move this fast in your growth.
Lots of wildlife live there as well, but now they are homeless.
Yeah, but you can subscribe for batteries! As pointed out, batteries are enormously valuable, even at 70% SOC... I'll bet my rear teeth that it's more economical to just sell the old battery, or repurpose it as your own house battery. This reeks of "extended warranty" style shenanigans. Massively disappointed in Fully Charged for this bullshit. At least we know where they stand now...
sadly yes...car 0 bog 1
With its incredible track records in all its products including but not limited to resorts, homes, schools, hospitals, ICE vehicles, I am confident that Vinfast will deliver its EV on time with even more features and greater quality than expected.
Quite surprising that such a forward thinking company as Vinfast doesn't appear to have installed a single rooftop solar panel on their brand new manufacturing facility.
Obviously they get involved in EVs sector not because they want to help environment or anything like that.
Anything honorable would not fit one of the biggest unscrupulous land grabbers in socialist Viet Nam.
They are after one thing, that is your hard-earned cash which they hope to become their profit.
@@ongmat4439 A lot of companies, oil and gas companies included, use renewables purely for economic reasons, not environmental ones. This is why I was surprised.
@@pinkelephants1421 , It shows their limited vision or lack of it. or maybe the dollar sign $$ has eclipsed it.
@@ongmat4439 Possibly.
Solar power doesn’t really count for much for a factory of that scale.
A swamp, as if enough wetland wasn't endangered. What a distopian future we're entering... Subscription batteries xD
Don't be jealous please cheer for Vietnam because Vietnam is a true warrior, the war has devastated my country so cruelly, thank you for supporting Vietnam!
Incredible achievement by the Vietnamese people, good luck to them, great report, interesting comment on the hope that it’s not creating a disconnected dystopia which is a model that’s felt across the world of a bigger wealth divide between rich and poor.
I have no issues buying a Vietnamese manufactured car per se. But Renault's catastrophic attempt to enter the north American market with the Dauphine back in the 60's taught me that not all manufacturers know how to make a product that will survive Northern winters. For this manufacturer to make the radar, we need a bumper-to-bumper comprehensive corrosion and powertrain warranty.
The US will ensure that a Vietnamese company succeeds in the US market as a strategy to counter China. Its a strategy the US used with Japanese/Korean manufacturing after the wars.
Ahh, rust... 🙂 UK winters are invariably miserable, so French, German, Italian and Swedish cars destined for Britain have always been built to suit. Everybody knows that the climate eats cars.
An English 'winter' lasts for 11 months; the rain it raineth every day, and there's even more salt on the roads than on the average bag of fish and chips.
Unofficial 'grey' imports from Japan are notorious for corrosion because they have absolutely no rustproofing - not even underseal - but the quality and durability of 'real' Japanese imports is excellent.
So... Perhaps those early Renaults in the USA were meant for sunny States like California and Florida? 🤔 Maybe the guys in the marketing department had been watching too many Westerns and hadn't got their heads around the fact that the Big Country is quite... er... big.
And it's not all sun and surf.
Yeah, because 1960's cars are directly indicative for 2022 cars
You're using a French car of the 60s to evaluate the suitability of an ASEAN 21st Century vehicle for North America winters. Blinding logic.
@@Alessandro--- Those who do not learn from history are doomed to repeat It. Your blindness notwithstanding.
Vin da loo?? VF9 maybe make a good taxi?? Wish them success, and maybe design and produce an efficient economy car for the masses?
Vinfast/Vingroup are an interesting story and whilst they have a long way to go, it'll be interesting to see how the cars come along.
This is only one of two companies to show up at The San Diego Fully Charged Live, the other was one Canoo van with no person and not even any signage. The cars look good, the factory pics look good, the company looks like it is paying attention. They looked like they want to succeed with a decent product. This video showed me that they are a serious company with serious products and a very serious future.
Seem like a infomercial 😂
Fully Charged has really moved up the quality scale -- impeccable and varied content, superb production, foreign reporting and strategic alliances (Two Bit DaVinci is a very welcome addition to an already successful team) -- well done to all!
Beautiful production on this video!
Thanks Vinfast very good
What is the point of this commercial for Vin Group? It does nothing to inform about renewables, or EVs. All it does, is giving uncritical praise, for a rich and massive company.
The only use I have for Vinfast is to see which youtubers are doing videos about them which are all 80% company promo, 20% about the actual car, and 0% footage of them being ALONE with the car they are "reviewing". Because now I know which youtube car channels I can fully trust going forward.
@@PBFoote-mo2zr I find non-electric surfboards, to a LOT more environmental.
6:25 Tesla has an annual production capacity of 650000 at their Fremont facility.
I appreciate that mentioning Tesla brings in viewers, but if you throw it in for comparison you should at a minimum validate your numbers. This makes me doubt the rest of the video 😢
or perhaps an easter egg we left for you to find??! Good spot, thanks for pointing out and double points if you find any other errors!
"currently 250k@ their Fremont Facility" capacity is different then current production.
Also capacity is the theoretical number of cars you can make if you've got no supply chain issues and enough demand. VW has the capacity to make at least 500,000 of their well established MEB Platform ID cars in China, including two versions of the ID.6 which are exclusive to the Chinese market. They also have access to the massive Chinese EV supply chain, so how come VW is barely building even 100,000 EVs a year in China? Their cars are not competitive and VW is literally getting murdered in the Chinese market by BYD. So while Vinfast can potentially build 250k cars a year in their new factory, are they going to be able to find 250k customers a year?
@@rngalston Fremont produced ~250k all the way back in 2018. You can't be 4 years behind on figures, especially on such a fast moving company like Tesla.
@@imogenpierce4925 I appreciate the channel and the work that goes into making these videos.
It is far too easy for us to sit on the sidelines and criticize your work.
That being said, for double the points @5:25 I do believe that as far as 3 row seats go Tesla has the X and Y, Rivian has the R1S and Mercedes the EQB and Kia the EV9 coming soon.
Much like your Chinese EV content this comes across more like an advert for Vinfast than it does an objective and critical review of the company, it's cars, and operations.
Was this content sponsored by Vingroup by any chance?
If so you should maybe be a bit more upfront about that.
Couldn‘t agree more. Feels like corporate PR. Kind of disappointing.
Aren't all their videos like that?
There are other youtubers telling you what they really thought about Vinfast cars after coming back from a Vinfast sponsored trip. They said the car were not ready back in April and in June they said the acceleration was not quick enough and regenerative braking was not available. Fortunately, they are more positive after the September trip as the Vf8 is now ready for production.
The click-bait video title tells you everything.
The fact that they had to resort to going that far to exaggerate themselves to get on the coattail of other well-established brand.
It reeks of desperation and anxiety.
FYI, with petrol car assembling business, they made huge loss and had to discontinue after 3 years even before their promised five-year warranty run out.
Good luck with EVs.
@@ongmat4439 A đù . Kế cũng lạ .
Ở đâu có Vinfast là ở đó có dấu răng của con cẩu này .
Vinfast cán trúng đuô của i mày à thằng thất bại ?
Hahaha ..
Awesome episode, thanks Fully Charged 🙏🏼 I really enjoy these deeper idea videos. Makes me want to now go back & watch the vehicle-tour vid of the VF8 😄 The scale of the Vin company is really impressive, I love how it unifies diverse fields within society ☮
my brain is working overtime with ideas thanks to that video thanks robert and team
it might have been as you call it a "bog" but it was home to wildlife as is the forests they are tearing down to build roads for EVs to run on. Is that progress/ i dont think so.
Property begets destruction
Excellent presentation
Very strong dystopian vibes from the whole VinStuff
Dystopian vibes from a Chinese company in the pocket of the Chinese Government, who'da thought it.
@@evilutionltd chinese? U dumb
Wow Imogen, that was a well scripted slick presentation. Love it!
This is just what the car industry needs (let alone the EV car industry) - a bit of South East Asian charm! If they can offer customer service encompassing the warmth you receive when you visit on holiday, they are onto a winner! And the cars look fab too. Wishing them a successful future!
They’ll obviously come with their own Vin no 😂😂😊👍
If I buy one and another driver crashes into it and I recover damages from their insurer, am I then VINdicated? 😂
Another great video and production by Fully Charged - great work team!
The Cinematography and background score is fantastic as good as a movie
Truly hoping this company succeeds.
Thanks for the episode
Building in a "swamp" is not a wise choice - because it obviously *can* be done. But we need to *stop* mucking about with the environment - and building a factory in a swamp is not good for the environment. Sorry ...
Agreed!
Historically speaking, almost every major city in the world was built on a "swamp". Nice flat area next to a river where transport is easy and freshwater is nearby.
EVERY major construction project destroys some part of the ecology. Whether that is in Texas or Scotland or South East Asia. Vietnam is pretty much a strip of rainforest. Do we get to decide that people in Vietnam or Laos or Cambodia should not be allowed to do ANY major construction projects? Didnt Americans dump carcinogenic defoliants and carpet bomb this country in a pointless war? No, I dont think the West gets to decide what Vietnam does.
@@patreekotime4578 Okay, but my point still stands. We have not been "fitting in" with nature - and that is the problem. Our mindset has to change - if we are going to survive.
@@NeilBlanchard Ok. But my point still stands. How is it the business of the West, who have turned their forests and swamps into pastures and stripmalls over the last 300 years, to tell the East they arent allowed to progress? Especially in the case of a company that is getting ready to be a major supplier of EVs which Western companies are only just now slowly working up to building? There is a concept called climate equity which you should familiarize yourself with. The idea of climate equity is that it is the responsibility of established powerful economies to make the first concessions. That the burden of ecological responsibility should NOT be put on developing economies because they have the right to attain flushing toilets and hot showers just like the West.
that bog will become an oil and gas reservoir in 10. million years or so and therefore a grave threat to humanity. Well done Vinfast for some stunning forward thinking and saving the planet!🤣
Really impressed with fully charged. They cover major companies from all parts of the world.
Near my workplace in Germany there will be a VinFast Showroom. And for some weeks I had the chance to take a look at two white VF8 test cars. I they are looking pretty good. Well build, nice Interieur. But the battery rent thing is a no go.
I just watched an interview of Vinfast CEO given by Bloomberg 2 days ago. She said customers have the option to buy battery or rent it. Do you recheck with the dealer?
@@nguyenandrew5934 option wasn’t available from start here in Germany. Meanwhile they offer both options. I think this decision is based on customer feedback.
Imogen, you provided a compelling story 🙏🏾. I have my scepticism but time will tell.
I'm not interested in the car, but I wanted to say how much I loathe the idea of leasing a rechargeable battery. Way back when I was a tiny Elli🐘 in the corner of the room, any gadget that ran on batteries and not on mains electricity was bad news. One-use zinc-carbon cells were hopeless: you paid and paid...
Alkaline cells lasted longer, but you still never stopped paying for them.
Then we got rechargeables, and things changed. Yay. True, NiCads were rubbish, but NiMh cells are great. Costly, but they last for years (I've got some Eneloops for my radio control gear and camera equipment and they're still going strong after almost a decade of regular use).
The key thing, though, was that you only paid once. That was important. You felt you were in control.
But leasing a long-lived rechargeable lithium battery for an EV makes no sense at all. Renault tried it with the Twizy. Not a popular move.
When leasing an EV you not only pay a fortune for 'your' car, but you don't even own the darned thing. Everything's just borrowed, at vast expense. How do people sleep at night, smothered by a debt-duvet like that?
And now they want you to pay and pay and pay for the rechargeable battery as if it were the world's biggest zinc-carbon-lined money pit?
No, thank you. I don't do credit, and I don't pay interest. I'm an old-fashioned and exceedingly poor person, and I don't do 'easy monthly payments', either. If I can't buy something now, for cash, I do without it.
When I've bought cars in the past I've owned them outright on the day I took delivery, and kept them for at least 10 years.
Leasing a car is something that happens to other people; leasing a battery is the stuff of nightmares.
Great video 👌
Another top notch FC production. Wow.
I think India would be a goid partner country for Vinfast. Bilateral agreements are already in place. There is a strong mutually appreciatice ethic too with an extraordinarily ancient cultural connect between Vietnam and India. And the market in India is huge..in numbers. Nicely presented.
I agree with you..india and vietnam are best friend ..india and vietnam partner each other for long time..they will be partner in millitery technology..i heard india is buiding supper highway from india to vietnam..
Thank you
When you said there aren’t any other electric vehicles with a 3rd row seat, I think you’re forgetting the Tesla Model X (3rd row standard) and Model Y (3rd row optional)
And Rivian R1S.
She actually said - 'they're aren't really any electric vehicles that fit that category'........!!?
Is that the same as saying this is the only EV with three rows of seats......!?
Not sure...........
Yeah, her comment was confusing.
I wish them luck, but the thought of paying an additional $18,000 over ten years of ownership for the battery is not worth it.
Thanks
I wouldn't want one, because I'd want to own my vehicle and not have multiple subscriptions required to make it work. At the moment, I drive an EV and pay only the cost of my loan to drive it most of the time. Haven't done any maintenance yet, get free charging at work (thanks, my wonderful employers) and my payment is less than the cost of gas I would otherwise be buying for how much I drive. (I do occasionally charge at home - so that costs me a tiny bit) But I couldn't imagine paying a monthly subscription for my battery, and another one for heated seats, and another for streaming content in the car and another for driver assist features...
There's no denying the fact that Vinfast is doing amazing work at such a quick pace. I like the cars but the ownership model will really backfire in America. Either the price of the vehicles have to drop about 30% and keep the lease or make the lease optional. It should be more of an insurance sold as an add on. I'm afraid the competition is so stiff that people will prefer a KIA Ev6 or a Hyundai Ioniq 6 which are around the same price point.
It's normal that customers will prefer to buy well estsblished brands. Time will tell. It takes Huyndai 20 years to get where they are today. I think Vinfast achieved their goal with 65000 orders from early adapters.
I like vinfast madame CEO. She speaks smartly and elegant looking lady.
Warranty and planned service backup would have been nice to know ahead of their launch. Cheers
I'm not sure about their leasing model structure. To simply lease the battery is one thing but they have some other caveats that might not work for a lot of people. With that said the Vin EV's are very nice looking but unassuming vehicles with a lot going on. In my view their exterior design is reminiscent of a Hyundai/Kia vehicle...maybe with a hint of Nissan in there. The interior is nice. And I'm a big fan to the large infotainment screen they have which is on the level of Tesla, BYD and others. I'm hoping they do well here in the US.
Good build quality EVs, also good looking and the price is reasonable
cảm ơn bạn .hãy chung tay xây dựng hãng xe vinfast ngày tốt hơn .lan toả điều yêu thương
Well researched and presented. Some great insights into future trends and potential market development. Lets have more like this.
Btw when are you guys going to cover an ev from Tata motors? Would love to see if you could review Tiago EV.
Stunning video guys :D
Very VinInteresting.
Another automotive channel also went out to see Vinfast, Vinfast flew them out on a chartered jet, housed them in a five star hotel etc. They spent a ton of money on the PR with media and youtube channels. Now Vinfast do look interesting cars and i hope they do well but they are spending a ton of money on things but the question is is where is the market and business to utilize all of this. Other companies have had the same grandiose schemes and ideas in the past in China and failed look at the abandoned cities for instance, I just hope they don't turn out the same way.
There are other youtubers telling you what they really thought about Vinfast cars after coming back from a Vinfast sponsored trip. They said the car were not ready back in April and in June they said the acceleration was not quick enough and regenerative braking was not available. Fortunately, they are more positive after the September trip as the Vf8 is now ready for production.
The company is in financial trouble, the local news reported they have a huge overdue tax bill (including payroll tax)and facing a hefty fine.
Their main source of income is from the real estate but the real estate market is frozen and in declining like everywhere else.
Therefore, cash flow is not running as well as estimated.
The only gamble is jump to the EV wagon and ride the EV sentiment until the business goes belly up like many unscrupulous land grabbers in socialist Viet Nam before that.
@@ongmat4439 Sounds like the same old story then dreaming of riches, building beyond their means and failing leaving investors and employees with nothing.
@@mr-huggy , In addition to the attempt to issue the debentures to the public, which practically rakes in more debt. The major shareholder / business owner..he's just "invented" a scheme to raise more cash by establishing another real estate company on the back of the existing company and issue new additional shares to the public / shareholders. This practically dilutes the value of shares in the both entities and screw the existing shareholders in the first company, which now acts a shell company....It's a really a mess. But..hey ... EV business is a capital intensive operation and they are running out of cash....
No doubt, the there is a low level of integrity in VN stock exchange in a socialist country where getting corrupt is a way of doing business and a way of life for the ruling communists.
@@ongmat4439 Bullshit 3/
Lol....
Some haters still cannot believe this car is Vietnamese.
I've heard of Vinfast. They purchased the General Motors Holden testing ground in Australia, then promptly pulled out like good Catholics!
really do wish vfast was catholic 🤣 .....
Could we see production hell coming for VF? Or will they be one of the few to not have that experience?
Anyone else just reminded of a renault whenever they see it?
Nice Car
Hope to success for new brand from VN !!!
Did I miss the price? An American reviewer mentioned it and for a car you have to rent the battery to run, they are not going to do as well as they think.
10:38
@@gribbler1695 At that price, with the battery on top? That's outrageous "they'll take the battery back.." I'm sure they will, after you have shelled out $1800 a year, for a battery could last ten years or more.
Fully charged is a wonderful platform with an unassailable mission, however many videos get facts quite wrong. Slick production is great but please pay more attention to the wobbly facts.
Glad you at least mentioned the possibility of a shiny, attractive dystopia…
Sheesh the VinGroup is in every industry! Too bad they probably don’t have plans to get into oil refinery (diesel production). Maybe if biodiesel becomes worthwhile?
Really interesting company. I’ve held the view for a while now that the switch to EV will make the car market unrecognisable in 10yrs as brands we never heard of, take centre stage.
These are nice looking cars & I reckon will sell well in the US & Europe, especially if they’re priced under main brands.
I think ,they will drop price in future..even tesla will drop the price too because alot ev car will coming soon. Good luck to vinfast after they build mega factory in north carolina by 2024..the housing market around vinfast factory in north caroline go up now..
Great video and an amazing performance and growth from this Vietnamese powerhouse company.
But I am puzzled? WHERE did you find such quiet and EMPTY roads in Vietnam? It is the land of hundreds of thousands of manic scooters swarming on the roads.
Imogen, your presenting skills are on fire! Nice work! Great film guys. Thanks
Was gonna comment same. 👍
Remembering the vinlist was quite impressive, and I enjoyed the enhanced eyebrow-raise :-) I don't think she should be flying to Vietnam just to make this stupid video though. Is it really worth 5 tonnes CO2e? Find someone local. FC seem to be slipping on this front.
Tuyêt vời
Nice car I would buy one
You forgot to include Vin Diesel.
Me love EVs long time. Looks great in fairness
Doesn’t the Tesla Model X have 7 seat layout ?
Note that the Tesla Model Y has a 7-passenger version available, with that 3rd row of seating.
You need update info on tesla factory Capacity, it's over 500,000 not 250k
Looking forward to seeing a VF8 Stateside in the future 😊
Nice looking SUV, but I still can't wrap my head around buying a car but leasing the battery when they are proven to last longer than originally expected. I'm 3.5 years into a SGI battery in a Kia and it's still testing at 100% SoH. A 70% warranty is likely no benefit to the first or second owner of the average car.
You still have the option to buy it outright.
@@beyondthesky8290 Well, that changes things. I did not know. Thanks!
@@GreatCreative Vinfast did not realised until recently that most customers in Europe and North America prefer buying it outright as most Vietnamese prefer battery leasing.
I love this car and love you too ❤❤❤
I've got one reserved. I''m a bit miffed by the battery subscription plan but other than that i'm fully sold. At least now they're offering an option to buy the battery, unfortunately i can't afford that option.
@Salanan, Their petrol car got on fire , the driver couldn't get out and turned charcoal.
Instead of investigating the cause to fix it, they swept it under the carpet.
You know in socialist Viet Nam, they are the economic front of the ruling communists so any bad news about them is censored in the media mainstream.
Australia has a free trade agreement with the U.S, they could build a battery facility here and we have all the raw materials in the ground they can source from the local market. (Our nation needs to do this but at this point happy if anyone comes and does it)
170/mo times 5 years. $10,200. Then you get to repurpose/recycle the battery. Seems like a good deal for Vinfast. Battery is likely to last longer than 5 years = more cash for Vinfast.
you can buy Vinfast cars with battery now.
If there is a battle between T and V , i wonder if it will result in TV.
Chinese ev car will take T and V for their logo.hahaha
I think Fremont has a capacity of 450 000 and Shanghai is at over 1 million. That seems to have been quite an outdated number that was mentioned.
5:25 say what? You can get a third row in the Tesla Model Y and the Model X, also the Rivian R1S.
Didn't Vinfast announce that you can buy car+battery or car and battery subscription?
yes they did about 3 weeks ago. You can lease or buy the car with the battery. Prices aren't cheap but compare to the other ones on the market, it;s still lower in price.
Tesla makes a lot more than 250k a year at their Fremont facility. The current runrate is closer to double that.
Make me a cheap compact and I'd be interested.
Also appreciate the battery take-back program(as my LEAF battery grows ever more reduced in capacity).
the VF5 and VF6 is the cheapest one they have but won't be ready for production until 2023. It debut at the Paris Auto show 2 weeks ago or so.
Tesla isn't bothered about others making EVs cause Elon Musk has stated it publicly that he's happy to see more companies make new EVs.
Alot vietnamese bought ev vinfast and drive on street..may be 2 more year, they will make more better then will be succeed..vietnamese is so smart.
Would love to hear an update from Fully Charged, now that real production VF8s are available outside of the VinTestTrack and VinFactory next to the 5-star VinPearl VinResort on the private VinIsland. How do these perform on real roads? Some of the recent batch of reviews have been... surreal, to say the least, but VinFast appear to have dropped the controversial battery leasing model, and are offering the industry's best bumper-to-bumper warranty, including payouts whilst they service any breakdowns. The "massive gamble" just got more massive!
Vinfast: hey look fresch cars for you
My soul:
isn't that the point of this channel? more cars to look at
Good stuff guys! I like that you’re covering the small, but evidently not so small companies all around the world. Keep up to good work. I will look into this company now
What a naive statement. You think this was journalistic sleuthing to discover a small company? Perhaps they should have disclosed who paid for the 7 day tour of the country with stays at ultra luxury hotels and the offer of paid sponsorship to discuss the company. Then you can decide if this was good stuff journalism or a paid advertisement with the goal of eliciting a “I will look into this company now” from viewers like you
I thought that was a new Renault at first :)