That’s because making a car from scratch is hard. Very, very hard. And making one that’s priced competitively and ticks all the boxes that the majority of customers want is even harder.
The VinFast VF8 may be the ultimate proof of that. It's a brand-new electric car from a brand-new company, and one with reportedly very deep pockets. But for an inaugural effort, it just doesn't seem positioned to dethrone the likes of Tesla, Hyundai, Ford, and others.