Vietnam’s largest electric vehicle manufacturer is confronting mounting challenges as declining sales and a narrow product range test its market position. Legal pressure has intensified with North Carolina’s lawsuit seeking the return of a factory site, adding financial and operational strain. The company’s ability to navigate these obstacles will determine its long-term viability in a competitive global EV market.
The Vietnamese EV maker faces headwinds amid sliding sales, a limited lineup and a lawsuit by North Carolina to claw back a factory site.