VinFast reported delivering 36,330 electric cars in Q1, up 296 per cent from the same period in 2024 and surpassing total deliveries in the first half of last year.
The lectric vehicle manufacturer aims to boost its local content ratio to 80 per cent by 2026, with an ambitious goal to produce 500,000 vehicles by 2027 and reach 1 million vehicles annually by 2030.
This marks the 17th electric bus route introduced by the company, emphasising its commitment to safe, civilised and environmentally sustainable travel.
The project has a total investment capital of more than VNĐ6 trillion (approximately US$240 million), with VinFast contributing VNĐ607 billion in equity.
Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service – has officially launched the Xanh SM Platform in Laos this week.
VinFast reported delivering 9,588 electric vehicles (EVs) in April 2025 within the domestic market, bringing its year-to-date domestic sales total to 44,691 units.
VinFast has announced the official signing of collaboration agreements with four reputable partners in the Philippines including Goodyear Philippines, Tire King and Rubber Products, Power Tread Services and Marcjan Cavite.
These new models aim to enhance urban transport sustainability and improve travel safety through advanced monitoring technologies, which help prevent students being left on board.
VinFast electric auto maker has officially signed a long-term syndicated loan agreement with Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank) to fund the development of its electric vehicle assembly plant in Subang, West Java, Indonesia.
VinFast and LKQ Netherlands officially announced a strategic partnership to establish a comprehensive, high-quality maintenance and after-sales service network across the Netherlands.
VinFast Auto Ltd. has announced its preliminary vehicle deliveries for the first quarter of 2025. The Company delivered 36,330 electric vehicles (“EVs”) globally in 1Q25, representing a 296% increase year-over-year.
