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    Home ยป Retail VinFast Canada to Close Five of 10 Stores as EV Outlook Shifts

    Retail VinFast Canada to Close Five of 10 Stores as EV Outlook Shifts

    autoexpresscarBy autoexpresscarMay 31, 2025No Comments1 Min Read
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    Retail VinFast Canada to Close Five of 10 Stores as EV Outlook Shifts

    Vinfast will close its shopping-mall showrooms in Vancouver, shown above, Toronto and Laval, Que., as well as two other unspecified locations.
    The decision reflects the challenges faced by EV retailers in adapting to changing market conditions. As the EV market continues to evolve, manufacturers and retailers are reassessing their strategies to remain competitive.

    VinFast’s adjustments in Canada come as the global automotive industry navigates various challenges, including supply chain constraints and shifting consumer demands. The company’s decision to consolidate its retail presence may help optimize its operations and better position itself for future growth in the Canadian EV market.

    electric vehicles EV market retail closures VinFast Canada
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