Vietnam's VinFast enters Africa EV market via Ghana distributor

HO CHI MINH CITY -- VinFast has enlisted a company in Ghana to distribute its electric vehicles, offering the Vietnamese manufacturer a potential early-mover advantage as it looks to enter a fourth continent.

The automaker owned by Vietnam's richest man said late Friday that it will sell "electric cars, e-scooters, e-bikes and electric buses throughout Ghana and West Africa" through a deal with the Jospong Group. VinFast wants its EVs in 50 markets by year's end and has made deals in six countries in the past month alone to achieve that target.