HO CHI MINH CITY — VinFast has debuted its cheapest electric car yet, a $23,000 model for sale in Vietnam, a market where Chinese rivals are streaming in even as motorbikes continue to rule the roads.
The electric-vehicle arm of Vingroup said late on Friday that it is “targeting the broadest range of consumers” with the VF 5 Plus SUV, which goes for about one-third the price of the company’s higher-end EVs.