Vietnamese electric vehicle maker VinFast is considering adding the VF 3 to its US lineup, which could start at around $20,000, making it the cheapest EV in the country, Automotive News reports.
![](https://carlist.com/wp-content/uploads/2023/11/Photo_1_VF-3_Exterior_1-1600x927.jpg)
The VF 3 is a small car that is specifically designed for the Vietnamese market, but VinFast believes it could also appeal to budget-minded American consumers. The company is expected to begin accepting VF 3 orders in September 2023 and deliver the first vehicles in Q3 2024.
![](https://carlist.com/wp-content/uploads/2023/11/Photo_5_VF_3_Interior-1600x770.jpg)
It will come in two trims, Eco and Plus. VinFast has not yet announced the exact pricing for each trim, but the company has said that the VF 3 will be accessibly priced for mass appeal.
If VinFast launches the VF 3 in the US at $20,000 or less, it would beat Tesla to the market with a sub-$20K EV. Tesla has been rumored to be developing a $25K EV, but the company has not yet confirmed the timing.