In DeLuca's view, VinFast avoided a lot of risk by taking this course.
"Partnering with individuals who are very good at what they do and have proven track records allows us to develop the product quickly while at the same time bringing up our own internal expertise," he said in an interview here. "We are doing in 24 months what most OEMs do in 36 to 60."
The factory will be able to build 250,000 cars on three shifts. Additional capacity will come from the former GM operations in Vietnam, including a kit plant in Hanoi. They were acquired by VinFast this summer, giving VinFast the distribution rights to Chevrolets in Vietnam.