TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%
TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%
TSLA378.9309.36%
GM79.5203.72%
F14.2700.28%
RIVN17.7600.52%
CYD44.7901.06%
HMC28.5600.39%
TM180.3401.81%
CVNA65.5801.44%
PAG195.190-0.31%
LAD330.7905.61%
AN198.4800.57%
GPI311.6205.67%
ABG216.1105.99%
SAH97.5301.19%

Vietnamese automaker VinFast to open first of 30 California storefronts

VinFast

Vietnamese automaker VinFast will have its first ribbon-cutting ceremony for a retail store in California on July 14. In just five years since its launch, Vietnamese automaker VinFast is at a steady pace to complete 30 brick-and-mortar showrooms in California by the end of the year. Pop-up showrooms will soon ‌showcase new electric vehicles by the company.

So far, VinFast has chosen the following locations because of popularity, interest, and traffic: Santa Monica, San Diego, San Mateo, Corte Madera, Commerce, and Berkeley.

Not only are VinFast’s pop-up events making their way across California, but the automaker has plans to break ground on an EV factory in North Carolina. As the rest of the EV industry struggles to gain electric vehicle parts and raw materials, VinFast is joining the high ranks of EV companies producing their vehicles in the United States, including batteries.

Although this automaker originated in Vietnam, its United States headquarters are in California. The company’s first electric vehicles were sold and distributed in Vietnam at the end of 2021. Now, VinFast is quickly expanding into North American and European EV markets. The up-and-coming EV superpower has plans to completely phase out the production of new gas vehicles and instead will focus on plug-in cars.


Did you enjoy this article? Read other articles on CBT News here. Please share your thoughts, comments, or questions regarding this topic by submitting a letter to the editor here, or connect with us at newsroom@cbtnews.com.

Be sure to follow us on Facebook, LinkedIn, and TikTok to stay up to date.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

dealers

More from Articles
GM's core earnings jump 30%, pushing 2026 guidance higher again

GM’s core earnings jump 30%, pushing 2026 guidance higher again

- July 21, 2026
On the Dash: GM raised full-year EBIT-adjusted guidance to $14 billion-$16 billion, the second increase this year. Net income fell 31% on a $2.3 billion EV strategic realignment charge. GM...
Trump imposes 50% tariffs on Canadian goods, escalating trade dispute

Trump imposes 50% tariffs on Canadian goods, escalating trade dispute

- July 21, 2026
On the Dash: New tariffs could increase costs for vehicles and automotive components sourced from Canada. Additional trade uncertainty may place further pressure on North American supply chains and manufacturing...
Polestar won't appeal U.S. sales ban

Polestar won’t fight U.S. ban, leaving dealers in limbo

- July 21, 2026
On the Dash: Polestar will not appeal its U.S. ban and will wind down American operations, the WSJ reported. State franchise laws may still require the EV maker to compensate...
Mercedes-Benz pushes to raise Chinese ownership threshold in Senate bill

Mercedes-Benz pushes to raise Chinese ownership threshold in Senate bill

- July 21, 2026
On the Dash: Mercedes-Benz is lobbying to raise the bill's Chinese ownership cap from 15% to 25%. The bipartisan bill from Sen. Moreno and Sen. Slotkin targets automakers over Chinese...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.