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. (NASDAQ: VFS) generates frequent news as a pure-play electric vehicle manufacturer expanding from its base in Vietnam into Asia, North America, Europe and the Middle East. This news page aggregates coverage of VinFast’s announcements, product stories and market updates so readers can follow how the company’s electric SUVs, e-scooters, e-bikes and e-buses are being introduced and adopted in different regions.
Recent press releases highlight the role of models such as the VF 8 and VF 9 in Canada, where the company emphasizes comfort, range and long-term warranty coverage for family and long-distance driving. Other articles focus on VinFast’s broader impact in Southeast Asia, describing how strong domestic EV deliveries in Vietnam and investments in markets like India, Indonesia and the Philippines support its regional ambitions.
Investors and followers can expect news on vehicle deliveries and financial results, including quarterly delivery updates furnished through Form 6-K, as well as stories about new model launches, technology developments and charging or service partnerships. Coverage also includes analysis pieces, such as third-party research reports that discuss VinFast’s strategic position in fast-growing EV markets.
By checking this page regularly, readers can track how VinFast’s reported deliveries, geographic expansion and product lineup evolve over time, and see how the company presents its progress toward building a multi-brand EV ecosystem across passenger and commercial mobility segments.
VinFast has announced its return to the Montreal Electric Vehicle Show (MEVS) 2025, scheduled for May 2-4, 2025, at booth #364, IGA Stadium. The company will showcase its complete electric SUV lineup, including the subcompact VF 6, compact VF 7, midsize VF 8, and full-size VF 9.
Visitors will have the opportunity to test drive the flagship models VF 8 and VF 9. The VF 8 features dual electric motors producing 402 horsepower, 620 Nm torque, and an EPA range of up to 412 km. The VF 9, a luxury SUV, offers 402 horsepower, an EPA range of up to 531 km, and flexible 6- or 7-seat configurations.
Beyond North America, VinFast is expanding into Indonesia, the Philippines, India, and the Middle East, with new EV plants under development in Indonesia and India. The company has already established market leadership in Vietnam.
VinFast Auto (Nasdaq: VFS) reported strong Q4 and full-year 2024 results, with significant growth in EV deliveries. Q4 EV deliveries reached 53,139 units (+143% QoQ), while full-year deliveries hit 97,399 units (+192% YoY). Total revenue for 2024 was US$1.81 billion, up 57.9% from 2023.
However, the company recorded a gross loss of US$1.04 billion and a net loss of US$3.18 billion for 2024. The Q4 gross margin was impacted by a one-time US$242.5 million charge related to a free charging program. To support expansion, founder Pham Nhat Vuong provided US$410.9 million in non-refundable grants, part of a larger US$2.1 billion commitment.
VinFast is expanding globally with dealer networks in Indonesia (22 stores), Philippines (6 stores), and US (38 dealers in 16 states). The company plans to transition to a full dealer franchise model in the US. For 2025, VinFast targets to at least double its global vehicle deliveries while focusing on operational optimization and market presence expansion.
VinFast (VFS) is demonstrating that EV success requires more than just vehicle manufacturing - it demands a comprehensive ownership ecosystem. The company has implemented an extensive charging infrastructure in Vietnam, placing stations every 3.5 kilometers in cities and 65 kilometers on highways, surpassing U.S. government guidelines of 80 kilometers.
As Vietnam's leading EV brand in 2024, VinFast is expanding internationally. In Indonesia, through V-GREEN partnership, they plan to install 30,000 chargers by 2025, with an additional 100,000 through external collaborations. In Canada, they offer competitive leases, a 10-year/100,000 km warranty, and have integrated their app with 95% of North American public charging stations.
The company offers a buyback program covering up to 90% of original vehicle price. Backed by Vingroup, Vietnam's largest private conglomerate, VinFast prioritizes ecosystem development over immediate profits, addressing key consumer concerns like range anxiety and service reliability.
VinFast is positioning its VF 9 electric SUV in the Canadian market with a focus on after-sales service and luxury features. The vehicle comes with an industry-leading 10-year/200,000-kilometre warranty and unlimited-kilometre battery warranty.
The VF 9 offers access to over 90,000 charging stations across North America through its e-mobility app, featuring Plug & Charge capabilities at select locations. The SUV boasts three-row seating, a 15.6-inch touchscreen, and comprehensive ADAS features including adaptive cruise control and lane-keeping assist.
Performance specifications include dual electric motors generating 402 horsepower and an estimated range of 531 kilometres per charge. The vehicle combines premium features with competitive pricing, targeting Canadian consumers seeking reliability, convenience, and luxury in an electric SUV.
VinFast has announced its participation in the 2025 Canadian International Auto Show (CIAS) from February 14-23, 2025, at the Metro Toronto Convention Centre. The company will showcase its electric vehicle lineup, including the currently available VF 8 and VF 9 models, along with upcoming VF 6 and VF 7 models set for 2025 release.
The VF 8, priced from CAD $56,026, offers a 412 km range, while the VF 9, starting at CAD $77,321, provides a 531 km range. Both vehicles come with VinFast's industry-leading 10-year, 200,000 km warranty. Visitors can explore the vehicles' features and take test drives of the VF 8 on Canada's largest indoor electric vehicle test track at the show.
The exhibition will be located in the North Building, Level 300, featuring interactive experiences including vehicle exploration, test drives, and a Vietnamese coffee experience with product experts available for questions.
VinFast reported strong Q3 2024 results with vehicle deliveries of 21,912 units, up 115% year-over-year. Revenue reached $511.6 million, increasing 49.3% YoY. The company became Vietnam's top-selling automotive brand for September, October, and the first ten months of 2024. Gross loss decreased 45.6% QoQ to $122.8 million, with gross margin improving to -24.0%. Net loss reduced by 29.4% QoQ to $550.0 million. The company secured potential funding of $3.5 billion through loans from Vingroup and grants from its Founder through 2026. VinFast maintains its 80,000-vehicle delivery target for 2024.