The Vietnamese automobile brand VinFast has signed a strategic partnership with the West Indian group Loret for the distribution of its vehicles on the overseas territories market..
Loret Group will establish sales channels and supply VinFast electric vehicles to local dealers and customers. The distribution agreement is concluded for five years. The distributor will first focus on the sale of the VF 6 and VF 8 electric SUVs, which belong to segments B and D. Volumes will be adjusted based on market performance with a growth target of 100% by 2026. This agreement comes as VinFast also accelerates its establishment in mainland France, drawing on a growing network of dealerships in the country.
