SAN DIEGO, Aug. 20, 2025 /PRNewswire/ -- VinFast today announced that its first authorized dealership in California, VinFast San Diego, part of the Sunroad Automotive Group, successfully hosted its grand opening event on Tuesday, August 19th, at its dealership located in San Diego. This event marks a significant milestone in VinFast's global strategy to expand its sales model through a robust dealership network, a move that simultaneously underscores the Company's long-term commitment to providing American consumers with high-quality products and superior service.

The grand opening was attended by VinFast executives and a wide audience of local media and consumers. Attendees at the event were offered the opportunity to test-drive and experience the Company's two flagship U.S. electric SUVs: the mid-size, 5 passenger VF 8 and the full-size, three-row, 7 passenger VF 9.

VinFast is accelerating the development of its dealership network across the U.S., with California identified as a top priority state due to its significant EV growth potential. In addition to the San Diego location, VinFast is actively seeking and evaluating opportunities with other potential dealerships throughout California.

Strategically located in San Diego, VinFast San Diego officially began operations this summer, providing California consumers with the opportunity to explore, test drive, and purchase or lease VinFast's innovative electric vehicles. Furthermore, the dealership offers comprehensive after-sales services, including warranty support, maintenance and repair, and genuine VinFast parts.

To optimize operations and strengthen its market position, VinFast introduced a dealership sales model in late 2023. Recognizing the distinct advantages of this distribution channel, the Company recently made a strategic decision to fully transition to a franchise dealership model in all 50 states, aiming to maximize business efficiency. To date, VinFast has established a robust network of nearly 30 authorized dealerships, with a strong presence across 14 key states in the U.S., including California, Texas, Florida, Illinois, New York, and others.

Uri Feldman, President of Sunroad Holding Company shared: "We're incredibly proud to be VinFast's first dealership partner in California, and to join this dynamic Vietnamese brand in shaping an exciting new chapter in the global electric vehicle revolution. We believe in VinFast's strong potential to make a lasting impact in the North American market. At Sunroad, we're committed to being a trusted and strategic partner, working together to create mutual value, drive growth, and deliver high-quality vehicles along with exceptional experiences to our customers."

Mike Nolte, Vice President of Sales and Marketing, VinFast US, added: "The successful grand opening of our San Diego dealership was met with a positive response from local consumers. This event marks a pivotal moment in our strategy to build a robust U.S. dealership network, reaffirming our long-term commitment to California and the broader North American market. We are committed to effective and sustainable expansion by leveraging our partners' strong reputation, established infrastructure, and deep understanding of the local market."

With a pioneering vision to accelerate the green transition and make EVs more accessible, VinFast is implementing compelling sales policies in the U.S. market. The Company's flagship all-electric SUVs are now available at competitive prices. The VF 8 is offered at an MSRP of $39,900 for the Eco trim and $44,900 for the Plus trim, with leasing programs starting from as low as $279/month. The full-size electric SUV, the VF 9, is also competitively priced, with an MSRP starting at $62,900 and leasing programs starting at $449/month. Both models are eligible for an attractive 0% interest financing.

Notably, all VinFast EV models in the U.S. benefit from an industry-leading warranty: 10 years or 125,000 miles for the vehicle and a 10-year unlimited mileage warranty for the battery under non-commercial use.

Building upon its established presence in North America and Europe, VinFast continues its global expansion journey by entering high-potential new markets in Indonesia, the Philippines, India, and the Middle East. With a diverse product range spanning from the compact VF 3 mini-SUV to the flagship VF 9 large SUV, VinFast has become the best-selling automotive brand in Vietnam.

The Company is committed to flexibly adapting its strategies and business objectives based on in-depth market analysis and macroeconomic conditions, while remaining steadfast in its pioneering vision to drive the global green revolution.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-bikes, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at https://www.vinfastauto.us/

About Sunroad Automotive

Established more than 40 years ago, Sunroad Automotive has earned the trust of San Diego residents as a leader in automotive retail. With a team of over 1,500 employees, the company represents 14 leading automotive brands across nine locations, offering one of the region's most diverse inventories of new and pre-owned vehicles, from mainstream to luxury.

Selling over 30,000 vehicles annually, Sunroad Automotive has built a strong reputation for delivering superior quality, outstanding customer service, and an exceptional ownership experience for consumers.

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SOURCE Vinfast Auto LLC