VinFast Auto Ltd

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

VinFast dominates Vietnam's EV market with record-breaking Q3 performance

VinFast's Q3 performance reflects a remarkable ascent in the EV industry, supported by robust sales figures, international expansion, and a strong capital base. While challenges exist, the company's strategic strengths position it well for future growth and success.

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VinFast Auto Ltd. engages in designing and manufacturing electric vehicles. It offers electric scooters (e-scooters) and electric buses (e-buses). It provides e-mobility ecosystem built around customers, community and connectivity alongside new vehicle roll-out. The company was founded by Pham Nhat Vuong in June 2017 and is headquartered in Hai Phong City, Vietnam.

Black Spade Acquisition Co

Vietnamese automaker Vinfast has issued its first recall for some of its 2023 VF8 vehicles over a software glitch that causes the dashboard screen to go blank.

Vinfast recalls EVs sent to U.S. over a software glitch

Vietnamese electric car maker VinFast is recalling certain 2023 VF8 vehicles shipped to the United States on a software error which “may increase the risk of a crash.” Due to the error, the multifunction head unit display may go blank, meaning it will not show critical safety information such as the speedometer or warning lights, according to a recall notice from the US National Highway Traffic Safety Administration (NHTSA).

VinFast recalls EVs in US over crash risk

Vietnamese electric vehicle maker VinFast is recalling all of its first batch of vehicles it shipped to the United States following a security warning issued by the U.S. National Highway Traffic Safety Administration.

Vietnam's VinFast recalls all of first batch EVs shipped to US over security risk

“It's terrible, especially when you put the VF 8 in Sport mode, and the steering becomes so overboosted that it's borderline uncontrollable.”

EV startup VinFast gets shredded by reviewers test-driving the VF 8

Vietnam's VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an almost seven-fold increase over 2022 as it ramps up exports to North America and starts shipping to Europe, the company's founder said on Wednesday.

Vietnam EV maker VinFast sees sales boom, path to breakeven

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Automakers have been struggling with software development for years now.

Software snafus abound, Nuro makes more cuts and VinFast takes the SPAC road

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No IPOs began trading or submitted initial filings this past week, as the sole scheduled deal, Strong Global Entertainment, was delayed to the week ahead. Vietnamese EV maker, VinFast, announced plans to merge with SPAC Black Spade Acquisition.

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Black Spade Acquisition (NYSE: BSAQ ) stock is on the minds of traders Friday as the company prepares to take Vietnamese EV company VinFast public. Let's go over everything investors need to know about this agreement below!

BSAQ Stock: 10 Things to Know About BSAQ and the VinFast SPAC Merger

VinFast LLC, a Vietnamese maker of electric vehicles (EV), announced on Friday that it will list in the US through a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co (BSAQ). Last month, the start-up EV company said it had received new funding commitments worth $2.5 billion from its parent company Vingroup, which was founded by Pham Nhat Vuong, Vietnam's first billionaire and the country's richest man.

EV maker VinFast to go public in US via SPAC deal

Vietnam's electric automaker VinFast said on Friday it will list in the U.S. via a merger with Black Spade Acquisition Co , a Special Purpose Acquisition Company (SPAC), in a deal expected to complete in the second half of this year.

Vietnam EV maker VinFast to list in the U.S. via a SPAC

Vietnamese carmaker VinFast, which opened its first US showrooms in California last year, has shifted into high gear by exporting more electric vehicles to North America. Reuters reported that the young car manufacturer has shipped a second batch of 1,879 longer-range VF 8 midsize sports utility vehicles (SUVs), as it is moving aggressively to expand its operations in the North American market.

Vietnamese car maker VinFast shifts into gear as it exports more electric vehicles to North America

Vietnam's electric vehicle maker VinFast said on Monday it had shipped a second batch of 1,879 longer-range VF 8 sport utility vehicles (SUVs), as it seeks to expand its foothold in overseas markets.

VinFast ships 2nd batch of longer-range electric SUVs to North America

Vietnamese carmaker VinFast said on Thursday it will begin delivering its new electric sport utility vehicles (SUVs) to local customers this week and targets overseas deliveries in the coming months.

VinFast rolls out long-awaited electric SUVs, eyes overseas deliveries

Vietnamese electric-vehicle (EV) start-up VinFast said on Friday three senior sales and customer-service have left the company this week.

Vietnam's VinFast says three sales executives have left EV company

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Vietnam's automaker VinFast on Friday said it will push back its plan to start operations of its electric vehicles factory in the United States until 2025, citing a procedural delay.

VinFast delays US electric vehicle plant operation to 2025

VinFast CEO says that there is a lot of room for players in the U.S. market as the world moves towards electric vehicles.

Vietnamese EV maker VinFast remains optimistic despite challenging entry to U.S. auto market

Vietnamese electric vehicle maker VinFast delivered its first 45 cars to customers in California on Wednesday, its first sales outside Vietnam.

VinFast delivers first 45 cars in US market

Vietnamese electric vehicle maker VinFast has cut the lease price for its first model shipped to the United States by more than 50% for its first customers in California, according to the company's website and emails to customers reviewed by Reuters.

VinFast slashes lease prices for first U.S. buyers

Vietnam's electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting the front brake caliper to the knuckle, the company said on Saturday.

Vietnam's EV maker VinFast recalls nearly 2,800 units domestically

Vietnam's EV maker VinFast said that its U.S. plant is still on track to start production in 2024 despite a reduction of its U.S. headcount.

Vietnamese EV maker VinFast says job cuts won't derail plans to start U.S. production

Vietnamese electric vehicle maker VinFast is cutting jobs in the United States and Canada as part of a restructuring that will merge operations across the two countries. The restructuring comes as VinFast prepares to enter the U.S. public market and delays deliveries to its first customers in the country.

EV maker VinFast downsizes in US, Canada

Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a potential stock listing.

EV startup Vinfast to cut U.S. jobs amid restructuring

Vietnam's electric automaker VinFast said on Friday it will delay deliveries to its first customers in the United States to the second half of February after it finishes updating the vehicles with latest software.

Vietnam EV-maker VinFast delays first U.S. car deliveries to late Feb

Vietnam's electric-vehicle (EV) maker VinFast said on Thursday it will launch promotions to protect the market competitiveness of its models, a week after Tesla announced aggressive discounting to spur demand.

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