Vietnam’s Richest Man Is Bringing a Tiny, $20,000 Electric Car to the US

VinFast, an electric carmaker from Vietnam owned by the country’s richest person, Pham Nhat Vuong, unveiled a tiny, ultra-affordable electric vehicle on Tuesday (Jan. 9) at CES 2024 in Las Vegas. And the company is preparing to take reservations in the U.S. this year.

The reveal, a two-door hatchback named VF3, measures just 125.6 inches long, 66.1 inches wide and 63.8 inches tall, making it shorter and narrower than the Chevrolet Bolt EV, one of the most compact and affordable EVs in the U.S. And the VF3 is even cheaper, reportedly priced below $20,000. That’s less than half of the average price of a new EV in the U.S. (Chevy Bolt starts at $26,500.)

VinFast has revealed few specs........

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