VinFast Auto Ltd. is an automotive manufacturer based in Vietnam, specializing in the design, production, and sale of electric vehicles
The company focuses on developing innovative electric cars and aims to become a prominent player in the global electric vehicle market. With a commitment to sustainability, VinFast is dedicated to enhancing transportation efficiency while reducing environmental impact. The company also emphasizes technological advancement and aims to integrate cutting-edge features and smart technology into its vehicle lineup, catering to a growing demand for eco-friendly and technologically advanced automobiles.
Vietnamese electric vehicle manufacturer VinFast Auto is entering India's growing EV market with two premium SUVs, following strong third-quarter 2024 delivery growth and significant financial backing from its founder.
The U.S. stock market traded mixed on Tuesday morning, with major indices showing tight movements as investors awaited the release of the Federal Reserve's November meeting minutes.
VinFast reports Q3 results that came above expectations. The company, which is focused on balancing revenue growth and optimizing costs, reiterated its annual delivery target of 80,000 vehicles.
VinFast Auto's stock is trading slightly higher after the company launched its VF 9 all-electric SUV in the U.S. VFS stock has decreased over 24% in the past year.
VinFast faces incredible, and expensive, challenges as it expands from its homeland, but it has one huge reason to remain hopeful it won't become the next Fisker.
VinFast Auto shares are relatively flat in premarket trading today. Yesterday, the company reported 21,912 EV deliveries for Q3, a significant increase from previous periods.
The hype has worn off VinFast, with its stock spiraling lower since its IPO a little over a year ago. But why have investors been backing off recently?
U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA) said on Thursday that it is opening a preliminary evaluation into VinFast VF8 vehicles over concerns over its Lane Keep Assist (LKA) system.
The week brought to the fore the travails of the startup space in the EV industry, with Rivian facing supply chain issues and Canoo reporting only modest revenue.
