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VinFast Auto ( (VFS) ) just unveiled an update.
On February 13, 2025, VinFast Auto Ltd. announced significant growth in its vehicle deliveries, with 53,139 electric vehicles delivered globally in the fourth quarter of 2024, marking a 143% increase compared to the previous quarter and a 342% year-over-year increase. The company set a new delivery record in the final quarter, reaching a total of 97,399 EVs delivered globally for 2024, exceeding their target of 80,000 vehicles. In January 2025, VinFast’s domestic deliveries in Vietnam surpassed 10,000 units, and the company also saw an increase in e-scooter and e-bike deliveries. VinFast aims to double its global deliveries by the end of 2025, reflecting strong market momentum and demand for its products.
More about VinFast Auto
VinFast Auto Ltd., a subsidiary of Vingroup JSC, is Vietnam’s leading automotive manufacturer focused on producing electric SUVs, e-scooters, and e-buses. The company exports its products to markets including the United States and Europe, aiming to contribute to a green future.
YTD Price Performance: -10.71%
Average Trading Volume: 902,639
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.77B
Find detailed analytics on VFS stock on TipRanks’ Stock Analysis page.
