{"id":598040,"date":"2023-08-17T10:51:53","date_gmt":"2023-08-17T05:21:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598040"},"modified":"2023-08-17T10:51:53","modified_gmt":"2023-08-17T05:21:53","slug":"vietnams-vinfast-faces-stern-ev-sales-test-to-retain-eye-popping-valuation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vietnams-vinfast-faces-stern-ev-sales-test-to-retain-eye-popping-valuation\/","title":{"rendered":"Vietnam&#8217;s VinFast faces stern EV sales test to retain eye-popping valuation"},"content":{"rendered":"<p>Vietnam&#8217;s electric vehicle (EV) major VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more than $85 billion, almost twice as much as Ford or General Motors.<\/p>\n<p>Now, comes the hard part: moving overseas growth out of the slow lane.<\/p>\n<p>VinFast needs to deliver more than twice the sales notched up so far this year in the remaining five months to hit a stretch annual target of 50,000 EVs set by its founder. For that, it needs to complete a revamp of a sales strategy to bring in distributors and dealers rather than selling through its own platform alone, an approach it borrowed from Tesla .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vietnam&#8217;s electric vehicle (EV) major VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more than $85 billion, almost twice as much as Ford or General Motors. Now, comes the hard part: moving overseas growth out of the slow lane. VinFast needs to deliver more than twice the sales notched up so far this year in the remaining five months to hit a stretch annual target of 50,000 EVs set by its founder. For that, it needs to complete a revamp of a sales strategy to bring in distributors and dealers rather [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-598040","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=598040"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598040\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}