Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as many as in 2023, but sales were almost exclusively in its domestic market.
MARKHAM, Ontario--(BUSINESS WIRE)--VinFast is thrilled to announce its participation in the 2025 Canadian International Auto Show (CIAS), held from February 14–23, 2025, at the Metro Toronto Convention Centre, North Building, Level 300. Visitors will have the opportunity to explore a range of VinFast's cutting-edge electric vehicles and experience the brand's vision for sustainable mobility. Co...
Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric vehicle maker VinFast , with its shares near multi-year lows as foreign investors sell and its borrowing costs rise.
MARKHAM, Ontario--(BUSINESS WIRE)--Facing economic pressures, Canadian car buyers are increasingly prioritizing practicality and affordability. VinFast is responding to this shift by offering competitively priced, feature-rich SUVs, making sustainable transportation more accessible and desirable. In 2024, a distinct shift is reshaping the Canadian automotive landscape. Economic pressures are co...
MARKHAM, Ontario--(BUSINESS WIRE)--VinFast, a global electric vehicle manufacturer, is aiming to accelerate EV adoption in Canada by offering an industry-leading 10-year warranty. This move addresses consumer concerns about long-term reliability, making EVs a more attractive option and a safer investment for Canadian buyers. As Canada advances toward a greener future, electric vehicles (EVs) ar...
Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and mid-sized models.
MARKHAM, Ontario--(BUSINESS WIRE)--The VinFast VF 9 is an all-electric, seven-seater SUV poised to redefine the full-size segment in Canada. With its luxurious design, spacious interior, powerful performance, and a commitment to care and sustainability, the VF 9 embodies VinFast's philosophy of love and innovation. As the demand for large SUVs continues to dominate the global automotive landsca...
VinFast Auto Ltd (NASDAQ:VFS)'s mixed third quarter earnings report marked a step in the right direction for the Vietnamese electric vehicle maker “with Mojo into 2025,” analysts at Wedbush believe. They maintain their ‘Outperform' rating and $8 price target on VinFast, which traded up 3.7% at $4 on Wednesday afternoon.
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