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

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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 …

Full story available on Benzinga.com

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