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.

NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

Investors who Lost Money on VinFast Auto Ltd. Should Contact Levi & Korsinsky About an Ongoing Investigation - VFS

NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

VFS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of VinFast Auto Ltd. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

ATTENTION VFS SHAREHOLDERS: Investors who lost money on VinFast Auto Ltd. are urged to contact Levi & Korsinsky about an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

ATTENTION VFS SHAREHOLDERS: Investors who lost money on VinFast Auto Ltd. are urged to contact Levi & Korsinsky about an ongoing investigation

VinFast Auto Ltd. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - VFS

NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

Levi & Korsinsky Announces an Investigation on Behalf of VinFast Auto Ltd. (VFS) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.

VinFast Auto Ltd. (VFS) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

An Investigation Has Commenced on Behalf of VinFast Auto Ltd. Shareholders.

VinFast's Q2 results were disappointing, with a significant revenue miss and negative gross margins, highlighting ongoing financial struggles and declining average selling prices. The company's balance sheet is concerning, with high debt and negative working capital, although it has $2 billion in available liquidity from its founder and lending facilities. VinFast has reduced its 2024 delivery target and delayed its US facility timeline, leading to lowered analyst revenue estimates and a stretched valuation.

VinFast: Sell This EV Laggard

VinFast's loss widened year over year. Full-year delivery estimates will be challenging to achieve.

Why Are Investors Backing Off VinFast Auto?

SINGAPORE , Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd.

VINFAST REPORTS UNAUDITED SECOND QUARTER 2024 FINANCIAL RESULTS

VinFast Auto Ltd. (NASDAQ:VFS ) Q2 2024 Earnings Conference Call September 20, 2024 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman Nguyen Thi Lan Anh - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Steven Wahrhaftig - Wedbush Securities Tyler DiMatteo - BTIG Operator Good day and thank you for standing by.

VinFast Auto Ltd. (VFS) Q2 2024 Earnings Call Transcript

SINGAPORE--(BUSINESS WIRE)--VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, and Vietnam's only pure-play electric vehicle manufacturer, today announced its unaudited financial results for the second quarter ended June 30, 2024. VinFast delivered 13,172 EVs in Q2, up by 44% QoQ and 43% YoY, bringing its delivery total for the first half of 2024 to 22,348 vehicles, a 101% increase compared to the same period last year. The Company recorded $357 million.

VinFast Reports Unaudited Second Quarter 2024 Financial Results

Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a rising trend, its exchange filing showed.

Vietnamese EV maker VinFast reports wider sequential gross loss

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The U.S. National Highway Traffic Safety Administration on Thursday said it has opened a probe into about 3,118 VinFast vehicles over reports that the Lane Keep Assist System was not functioning correctly.

U.S. opens probe into around 3,118 VinFast vehicles

VANCOUVER, British Columbia--(BUSINESS WIRE)--VinFast Canada announced it will be attending the 2024 Everything Electric EV Show being held in Vancouver, September 6-8. This marks VinFast's second appearance at the event, previously known as Fully Charged Live in 2023. At the event, VinFast will display a diverse range of EVs, further asserting its pioneering position in the electric mobility sector and its commitment to bringing the EV ecosystem closer to global consumers. Everything Electric.

VinFast Returns to Vancouver for Everything Electric EV Show

MARKHAM, Ontario--(BUSINESS WIRE)--Summer's soaring temperatures, can pose certain challenges for electric vehicles (EVs) like the VinFast VF 8. Therefore, it's crucial for owners to understand how to properly care for the battery, especially in the face of extreme heat. This guide will delve into how hot weather impacts EV batteries and provide practical tips for maximizing your battery's lifespan. EV Batteries in Hot Weather EV batteries, primarily lithium-ion, are sensitive to temperature fl.

Tips to Take Care of Your VinFast VF 8 EV Battery During Summer Weather

TORONTO--(BUSINESS WIRE)--VinFast Canada has announced its return as the Presenting Sponsor and Official Electric Vehicle of the Canadian National Exhibition (CNE), taking place from August 16 to September 2nd, 2024. VinFast will showcase and offer test drives for its electric SUVs currently available in the Canadian market, the VF 8 and VF 9. Founded in 1879, CNE is one of the largest annual exhibitions in Canada and North America. With over 1.6 million visitors each year, the CNE has helped V.

VinFast Returns to Canadian National Exhibition 2024

VinFast (VFS) stock price has remained in a tight range since October last year as concerns about the Vietnamese company continued. In this period, the stock has remained between the key support at $2.10 and the resistance point at $9.

VinFast stock has stalled: brace for volatility ahead of earnings

VinFast's deliveries to an affiliate company may inflate sales figures. The EV maker has delayed its North Carolina factory yet again.

Does VinFast Auto's 67% Surge Make It a Buy Now?

VinFast struggled to ramp up its deliveries last year. Its North American expansion faces significant roadblocks.

Should You Buy VinFast Auto Stock While It's Below $5?

LOS ANGELES , July 19, 2024 /PRNewswire/ -- VinFast Auto (Nasdaq: VFS), the Vietnamese automotive manufacturer announced the creation of its Dealer Advisory Board. This esteemed group comprises leading VinFast dealership representatives from across the United States, selected for their customer service commitment, and industry expertise.

VINFAST ANNOUNCES FORMATION OF DEALER ADVISORY BOARD IN THE U.S.

MARKHAM, Ontario--(BUSINESS WIRE)--If you're in Canada, now is the ideal time to consider an EV thanks to significant government incentives. But with so many choices, which EV is right for you? The VF 8 from VinFast, Vietnam's first domestic automaker, is a compelling contender. Being VinFast's first international offering, the VF 8 represents a symbol of national pride, a testament to the nation's remarkable progress as it emerges as a player on the global automotive stage. Recent reviews sugg.

Why the VinFast VF 8 is the Ideal Choice for the Future of Green Mobility in Canada

Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market.

News for VinFast Auto Ltd Stock (VFS)