Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as ...

and half of those were to related parties including its taxi operating affiliate GSM owned mostly by VinFast's founder, Reuters said. "VinFast losses increase" was originally created and published ...

HO CHI MINH CITY] Vietnam’s top electric vehicle (EV) maker VinFast has relied on its largest buyer Green and Smart Mobility (GSM) to drive sales growth, but with the domestic fleet electrification ...

Vuong’s previous venture, EV taxi operator Green SM, played a significant role, contributing 72% to VinFast’s sales in 2023. Price Action: VFS shares are trading higher by 0.80% at $5.06 in ...

HANOI, Jan 23 (Reuters) - Vietnamese conglomerate Vingroup (VIC.HM), opens new tab is facing renewed scrutiny on its strategy of backing loss-making electric vehicle maker VinFast , with its ...

Even with this decline, VinFast's market cap still hovers around $40 billion. This positions the firm above seasoned EV players like Nio Inc. (NIO) and nearly on par with General Motors Co. (GM).

VinFast announced on Thursday that it delivered 97,399 EVs in total last year, up an impressive 192% from the roughly 35,000 sold in 2023. The growth was enough to top its revised 80,000 target ...

As 2025 begins, VinFast has unveiled a compelling new deal: customers purchasing the spacious 7-seater VF 9 SUV will receive a complimentary VF DrgnFly electric bike—a combination designed to ...

VinFast did not provide a breakdown of sales by market. Most of its sales in Vietnam in 2023 were to companies linked to its owner Pham Nhat Vuong, including electric taxi operator Green SM ...