In the future, Vinfast might provide an electric pickup.

Vinfast, a unit of Vietnams Vingroup group, is focusing on bringing its electric SUVs to the United States later this year . Company's vehicle platform allows for its expansion into other models of vehicles .

DETROIT (Department of Transportation): Vinfast, a Vietnamese electric vehicle startup, could eventually enter the electric pickup truck business, according to a top US executive.Vinfast, a unit of Vietnam's Vingroup group, is focusing on bringing its electric SUVs to the United States later this year, but its vehicle platform allows for its expansion into other models of vehicles, according to Craig Westbrook, chief service officer for Vinfast U.S., at an Automotive Press Association conference in Detroit.In response to Vinfast's decision to develop an electric pickup, he said, We want to meet the needs of the market.And I think it would be great if we decided thats what the market wants and that suits our brand in particular.

Tesla plans to begin manufacturing of its Cybertruck pickup in mid-2023, following Ford Motor Co, Rivian, and General Motors Co. At the end of last year, Vinfast began developing EVs in Vietnam and is targeting all-electric production by 2023.According to Westbrook, the corporation's plans to begin manufacturing vehicles at a North Carolina factory remain on target for July 2024.Vinfast is planning to open a U.S. factory with a capacity of 150,000 vehicles per year, designing the VF8 and VF9 SUVs.Vinfast said that it has almost 8,000 reservations for its SUVs in the United States, and that it has between 40,000 and 50,000 globally, including Vietnam, Europe, and Canada.

A final price for the battery lease has not been set, but he said it will begin in the low $100s a month.According to Westbrook, Vinfast will also provide the option of buying the battery with the vehicle in 2024.Consumers are expected to be split equally between leasing and purchasing, according to the company.