Vietnamese EV Maker VinFast, Hoping To Rival Tesla, Loses Former Volkswagen Exec As CEO At Brink Of US Expansion


Michael Lohscheller has stepped down from his post as the CEO of Vietnamese automaker VinFast Global just months after joining the company.

What Happened: The move comes as VinFast looks to realize a key U.S. expansion plan.

Lohscheller, who joined VinFast in July, revealed his exit in a post that he shared on the professional networking site LinkedIn.

Lohscheller, a former Volkswagen Group (OTC: VWAGY) executive, said he would be leaving VinFast at the end of this month and is returning to Europe for personal reasons.

“It was an honour to serve VinFast and its people. I want to thank everybody at VinFast for this amazing experience. I learned a lot in my time in Vietnam which I will never forget,” Lohscheller wrote in the post.

“With the U.S. debut at …

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