Lucid vs VinFast: Founders, CEOs and History
Lucid was founded in 2007 by Bernard Tse, Sheaupyng Lin and is led by Silvio Napoli. VinFast was founded in 2017 by Pham Nhat Vuong and is led by Pham Nhat Quan Anh.
Company facts
Founders
Lucid
Bernard Tse
Bernard Tse co-founded Atieva, the company that became Lucid, in 2007 and served as its first CEO. Atieva initially developed battery packs and electric powertrains for other vehicle makers before shifting to its own cars.
Sheaupyng Lin
Sheaupyng Lin co-founded Atieva (which later became Lucid Motors) in 2007. As a deep expert in battery chemistry, he originally founded the company explicitly to build highly advanced battery packs and powertrains for other automakers, successfully supplying t…
VinFast
Pham Nhat Vuong
Pham Nhat Vuong is the founder and chairman of Vingroup and is ranked by Forbes as Vietnam's richest person.
CEOs and their tenures
Lucid
- Peter Rawlinson2019–2025
Chief Executive Officer and Chief Technology Officer
Led development of the Lucid Air and Gravity and set the efficiency-first engineering culture. Stepped down as CEO in February 2025.
Source - Silvio Napoli2026–present
Chief Executive Officer
As a highly influential Board Member, he advises the executive team on massive, global supply chain logistics and premium brand positioning.
Source
VinFast
- Le Thi Thu Thuy2021–2026
Global CEO; later Chairwoman
As Global CEO, she acts as the absolute driving operational force attempting to brutally pivot the Vietnamese conglomerate into a massive global electric vehicle powerhouse against intense Western skepticism.
Source - Pham Nhat Vuong2024–2026
Founder; Global Chief Executive Officer
Founded VinFast in 2017 as Vingroup chairman and took the CEO role himself in January 2024, leading the VF 3 launch and the opening of plants in Ha Tinh, India and Indonesia before handing the post to his son in September 2026.
Source - Pham Nhat Quan Anh2026–present
Global Chief Executive Officer
Appointed chairman of VinFast's board effective May 23, 2026, replacing Le Thi Thu Thuy, then named global CEO in September 2026, succeeding his father, founder Pham Nhat Vuong. He also became chairman and CEO of VinFast Vietnam.
Source
Timeline: Lucid and VinFast side by side
2007Lucid
Atieva Founded
The company began as a battery and electric drivetrain technology business.
2016Lucid
Lucid Motors Identity
Atieva rebranded around the Lucid Motors vehicle strategy.
2017VinFast
VinFast founded
Broke ground on the Hai Phong car plant in September 2017.
2018Lucid
PIF Invests $1 Billion
The Public Investment Fund of Saudi Arabia agreed in September 2018 to invest more than $1 billion in Lucid.
2018VinFast
Paris Motor Show debut
Showed the Pininfarina-styled Lux A2.0 and Lux SA2.0.
2018VinFast
Acquired General Motors Vietnam
VinFast acquired General Motors Vietnam.
2019Lucid
Peter Rawlinson becomes CEO
Peter Rawlinson became CEO of Lucid Group in 2019. Led development of the Lucid Air and Gravity and set the efficiency-first engineering culture.
2019VinFast
Hai Phong plant opens
Began customer deliveries in Vietnam.
2020VinFast
Acquired Lang Lang Proving Ground (Australia)
VinFast acquired Lang Lang Proving Ground (Australia).
2021Lucid
Public Listing
Lucid became a public company through a SPAC combination.
2021Lucid
Lucid Air Deliveries Begin
The Lucid Air entered customer deliveries and established the brand's efficiency-led positioning.
2021VinFast
First Electric Car Delivered
VinFast began delivering its first electric car, the VF e34, in Vietnam in December 2021.
2022VinFast
EVs only
Ended petrol car production and shipped its first VF 8s to the US.
2023Lucid
Aston Martin Technology Relationship
Lucid announced a strategic technology relationship with Aston Martin.
2023VinFast
Nasdaq listing (VFS)
Listed on August 15, 2023, after merging with Black Spade Acquisition Co.
2023VinFast
North Carolina Plant Groundbreaking
VinFast broke ground on a factory in Chatham County, North Carolina, in July 2023.
2024Lucid
Gravity Production Begins
Lucid began production of the Gravity sport-utility vehicle in December 2024.
2024VinFast
Founder named CEO
Pham Nhat Vuong became CEO in January; the VF 3 launched and North Carolina production was pushed to 2028.
2025Lucid
FY2025 Revenue of $1.354B
Lucid reported $1.354B in revenue and delivered 15,841 vehicles.
2025VinFast
Revenue reaches ~$3.47 billion (VND 90.2 trillion)
Revenue of ~$3.47 billion (VND 90.2 trillion) on 196,919 EV deliveries; plants opened in Ha Tinh, India and Indonesia.
2026Lucid
Silvio Napoli Becomes CEO
Silvio Napoli assumed the CEO role effective June 1, 2026.
2026Lucid
PIF and Uber Investment
Lucid announced about $1.05B of new capital, including $550M from a PIF affiliate and $200M from Uber, and Uber raised its robotaxi commitment to at least 35,000 vehicles.
2026Lucid
Operational Reset
With Q2 2026 results, Lucid announced an operational reset targeting about $1.4B of cash-flow improvements.
2026VinFast
Pham Nhat Quan Anh becomes CEO
Became chairman in May and global CEO in September; North Carolina sued over the delayed plant in May.
Acquisitions
VinFast
- Ngoc Hoi2026Undisclosed
- Future Investment Research and Development JSC2026Undisclosed
- VinES Energy Solutions2023Undisclosed
- Black Spade Acquisition Co.2023Undisclosed
- Lang Lang Proving Ground (Australia)2020Undisclosed
- General Motors Vietnam2018Undisclosed
Questions about Lucid vs VinFast
Who is the CEO of Lucid Group, Inc. and VinFast?
Lucid Group, Inc. is led by Silvio Napoli and VinFast is led by Pham Nhat Quan Anh. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Lucid Group, Inc. founded vs VinFast?
Lucid Group, Inc. was founded in 2007 — 10 years before VinFast, which was founded in 2017. Lucid Group, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger VinFast.
How many employees does Lucid Group, Inc. have compared to VinFast?
Lucid Group, Inc. employs approximately 6,500 people. A verified employee count for VinFast is not currently available.
Where are Lucid Group, Inc. and VinFast headquartered?
Lucid Group, Inc. is headquartered in United States and VinFast is headquartered in Vietnam. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Lucid Group, Inc. and VinFast?
Lucid Group, Inc. was founded by Bernard Tse, Sheaupyng Lin. VinFast was founded by Pham Nhat Vuong.
Which company has a longer operating history — Lucid Group, Inc. or VinFast?
Lucid Group, Inc. has been operating for approximately 19 years, making it the more established of the two companies. VinFast has been in operation for around 9 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Lucid vs VinFast overview