- VinFast is getting a boost in the U.S., thanks to its corporate daddy.
- Vietnam’s Green SM launched a new ride-hailing service in Los Angeles, and all of the cars in its fleet are VinFast VF8 EVs.
- Green SM is owned by Vingroup, the same conglomerate that operates VinFast.
VinFast’s electric crossovers are not exactly on every American street corner. The company sold fewer than 400 cars in the United States in the first half of 2026, but now those numbers are about to get significantly better, thanks in no small part to the huge Vietnamese conglomerate that owns the struggling automaker.