Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from VinFast

VinFast, Vietnam's answer to Tesla, unveils a $623M quarterly loss almost 2 months after its wild Nasdaq debut

Over half of VinFast's sales last quarter were to a taxi company owned by the EV maker's founder, Pham Nhat Vuong.

VinFast Posts $1.4B Loss Despite Growing Q3 Deliveries To 10,000 EVs

VinFast Posts $1.4B Loss Despite Growing Q3 Deliveries To 10,000 EVs

Total revenues grew by almost 160 percent to $342.7 million in the third quarter, but the loss widened to over $1.4 billion, including $623 million in Q3 alone.

VinFast To Start Delivering VF8 EVs To Europe This Year

VinFast To Start Delivering VF8 EVs To Europe This Year

VinFast will start deliveries of the VF8 mid-size SUV in Q4 2023, but plans to ship more EV models – the VF6, VF7, and VF9 – to the European market in 2024.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Forget VinFast: 2 EV Stocks to Consider Instead

VinFast stock has pulled back sharply off its peak, and more downside looks likely as the meme trade unwinds. Rivian and Xpeng Motors are 2 EV stocks that offer a much better risk-reward ratio for investors.

Tesla’s Aggressive Price Cuts, VinFast’s Rise And Fall, And More: Biggest EV Stories Of The Week

Shares of electric vehicle makers closed the week ending Sept. 1 mostly higher; Tesla experienced volatility over price cut fears

VinFast shares tanks after Jim Chanos brands it a 'meme stock'

The Wall Street speculator that famously bet against Enron this time took aim at the inflated value of VinFast, the world's third largest carmaker by market cap.

VinFast Is Now The World’s Third-Most Valuable Automaker

The six-year-old automaker that started selling cars in the United States earlier this year is lagging behind only Tesla and Toyota in terms of market value.

inkl

Read news from The Economist, FT, and more,
with one subscription

Watch out, Elon—Vietnam’s new carmaker nips at Tesla’s heels

Watch out, Elon—Vietnam’s new carmaker nips at Tesla’s heels

Some experts doubt VinFast's near $100 billion market cap is really reflective of the company's underlying value.

VinFast To Work With Dealerships To Sell Its EVs

VinFast To Work With Dealerships To Sell Its EVs

VinFast thinks that working with dealerships will help further expand its U.S. presence, more so than currently operating as a direct-to-consumer brand.

VinFast Debuts New Ad Campaign Following NASDAQ Listing

VinFast Debuts New Ad Campaign Following NASDAQ Listing

After VinFast's NASDAQ debut, the Vietnamese automaker has launched an all-new ad campaign to help sell its electric crossovers.

VinFast VF9 EPA-Rated At Up To 330 Miles Of Range, Starts At $83,000

VinFast VF9 EPA-Rated At Up To 330 Miles Of Range, Starts At $83,000

VinFast has announced EPA range ratings for its VF9 three-row electric SUV and said that US deliveries will start in the fourth quarter of this year.

VinFast's Low BEV Sales Numbers Contrast With Its High Valuation

VinFast's Low BEV Sales Numbers Contrast With Its High Valuation

VinFast's initial electric car sales in the United States remain relatively low, especially considering the market valuation of the Vietnamese manufacturer.

VinFast Stock Forecast: More Volatility Ahead for New EV Listing

VinFast Stock Forecast: More Volatility Ahead for New EV Listing

VinFast went public through a SPAC reverse merger, and boasts a market cap in excess of established automakers like Ford and General Motors. I believe that the stock is grossly overvalued at these prices, and is set to extend its recent losses.

EV startup from Vietnam with barely any sales and horror reviews is now worth more than Ford and GM

EV startup from Vietnam with barely any sales and horror reviews is now worth more than Ford and GM

VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

Loss-making carmaker VinFast valued at more than Ford and BMW

Company founded by Vietnam’s richest man achieved $85bn valuation despite scathing early reviews of its electric vehicles

VinFast Worth $85 Billion After Going Public, More Than GM, Ford, VW

VinFast stock soared in its debut as a public company on Nasdaq, with its market capitalization exceeding that of GM and Ford as traders flipped VFS shares.

The Independent UK

The little-known Vietnamese electric vehicle maker that’s now valued at more than Ford or GM

EV maker, which has been in losses, opened at $22 but closed above $37 each in first day of trading

VinFast To Enter NASDAQ As "VFS"

VinFast has just completed a SPAC merger with Black Spade Acquisition Company. The EV manufacturer will enter the NASDAQ on August 15th.

Get all your
news in one place.

100’s of premium titles.
One news app.

VinFast and Black Spade Announce $27B Merger For August IPO

VinFast is planning to debut on the U.S. market this August, thanks to Black Spade Acquisition (BSAQ). If confirmed, VinFast will be a publicly-traded company.

VinFast Breaks Ground On Its EV Plant In North Carolina

VinFast has broken ground on its EV plant in Chatham County, North Carolina, on July 28

IPhone US Shipments Take A Hit, Does Social Media Algorithm Impact Political Beliefs

Bloomberg DoorDash Embraces AI Chatbot to Revolutionize Food Ordering and Gain Competitive Edge DoorDash Inc (NYSE

VinFast To Host Groundbreaking Ceremony Of NC Plant Next Friday

Vietnamese electric automaker VinFast will break ground for its upcoming North Carolina production site on July 28th.

VinFast To Build EV Factory In North Carolina, Aims To Supply North American Market

Vietnamese EV manufacturer plans construction of 1,800-acre factory with initial capacity of 150,000 vehicles per year.

Not So Fast: Only 128 VinFast VF8 Registrations In US Through May

VinFast was No. 22 among the 25 brands on Experian's list of new EV registrations, followed by Jaguar, GMC, and Mazda.

US: Some Promising BEV Brands Are Struggling This Year

A new report, based on registration data from Experian, indicates that while some BEV brands are enjoying strong sales growth, others are struggling.

People

Pham Nhat Vuong

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

electric vehicle

Places

334,402 stories

The United States

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play