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VinFast Surpasses 2024 Delivery Targets, Reinforces Market Leadership
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VinFast Surpasses 2024 Delivery Targets, Reinforces Market Leadership

Story Highlights
  • VinFast delivered over 87,000 EVs in Vietnam in 2024, surpassing global targets.
  • The VF 5 SUV became the best-selling model, and new ‘Green’ models are planned for 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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VinFast Auto ( (VFS) ) just unveiled an announcement.

VinFast Auto Ltd. reported record-breaking domestic deliveries of over 20,000 electric vehicles in December 2024, culminating in a total of more than 87,000 EVs delivered throughout the year in Vietnam. This achievement surpasses the company’s global delivery target for the year, reinforcing its strong market position in Vietnam. Among its models, the VF 5 emerged as the best-selling SUV in the domestic market, followed by the VF 3. Looking forward, VinFast plans to expand its product line with four new models under the ‘Green’ series, optimized for transportation services, with deliveries starting in 2025.

More about VinFast Auto

VinFast Auto Ltd. operates in the automotive industry, primarily focusing on the manufacturing and distribution of electric vehicles (EVs). The company is based in Vietnam and has established itself as a leading player in the domestic market, particularly noted for its comprehensive lineup of EV models.

YTD Price Performance: 0.95%

Average Trading Volume: 1,006,194

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $9.92B

See more insights into VFS stock on TipRanks’ Stock Analysis page.

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