Welcome to our dedicated page for VinFast Auto news (Ticker: VFS), a resource for investors and traders seeking the latest updates and insights on VinFast Auto stock.
VinFast Auto Ltd. reports developments in electric vehicles, e-scooters, e-bikes, and e-buses as a Vietnam-based automotive manufacturer and Nasdaq-listed subsidiary of Vingroup JSC. Recurring news centers on global and Vietnam delivery updates, model-level performance across the VF lineup, Green Series, and Lac Hong brand, and product coverage for vehicles such as the VF 8, VF 9, VF 3, VF 5, VF 6, VF 7, Limo Green, Minio Green, and EC Van.
Company updates also cover manufacturing scale, cost discipline, distribution expansion, charging access, warranty programs, leasing and financing policies, Canadian market positioning, and technology partnerships tied to EV adoption.
VinFast Auto delivered 21,747 electric vehicles (EVs) in the first half of 2024, a 92% increase compared to the same period in 2023. The second quarter of 2024 saw deliveries rise to 12,058 vehicles, up 24% quarter-over-quarter and 26% year-over-year. Despite economic challenges, VinFast projects delivering around 80,000 EVs in 2024, more than doubling 2023's 34,855 deliveries. The company plans a cautious approach, focusing on key markets and adjusting its North Carolina manufacturing facility's launch to 2028. VinFast aims to leverage its strong domestic market presence, diverse product lineup, and expanding global footprint to drive growth. Financial results for 2Q24 will be released on August 15, 2024.
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