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vinfast now on tesla supercharger network... wtf...
- Thread starter oldsport
- Start date
araxara
X-LR M3AWD, MYLR
I didn't watch the whole thing, but with Google translations, they mentioned that the station opened in 2023 for all cars to be able to charge. When they switched to English, they mentioned that they were at a Magic Dock Station. So I would think any car with CCS1 could charge there.
Tam
Well-Known Member
That doesn't count. It's a Magic Dock station with built-in CCS1 adapter.
There are very few Magic Dock stations. Only 2 in North California and none down south
It doesn't count because it's not practical. You can't drive from LAX to New York on Magic Dock because there are just too few of them.
Vinfast needs to sign a deal with Tesla so it can use V3 and above without relying on just a very few Magic Dock.
Tam
Well-Known Member
Low sales number but not in financial crisis.
It still has enough money to continue to build the North Carolina factory.
A symptom of bad finances would be a suspension of that factory building activity but there's no indication that it is short of cash.
At current, it's nowhere near bankruptcy.
agree, not exactly like Herrick's crazy gamble, but
"VinFast said in a filing submitted to the US Securities and Exchange Commission that its total revenue in 2023 was $1.19 billion, up 91 percent compared to the previous year. But the firm also reported a net loss of $2.39 billion, up 14.7 percent compared to 2022, after missing its EVs sales target"
id be challanged to buy one, maybe a lease, but the vehicle OS is not impressive
Tam
Well-Known Member
Exactly! Some can't resist the low cost lease but its sale number is bad.
Losing money is a given for a new entry.
The issue is survivalabity for a young company. As long as it can pay the bills, it's fine.
Tam
Well-Known Member
Fisker just missed the $8.4 million interest payment.
On the other hand, Vinfast pays bills with no problems. It can get more cash as needed:
VinFast chief plans to invest $1 billion more from his fortune in EV maker
HANOI (Reuters) -Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 billion more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast, and was considering listings for other companies he controls. Speaking at a shareholders meeting of...
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