VinFast Auto Ltd. Ordinary Shares
VFSVinFast Auto Ltd. is an automotive manufacturer founded in Vietnam, focusing on the development and production of electric vehicles, including cars and electric scooters. The company aims to establish a global presence in the EV market by integrating advanced technology and sustainable practices into its vehicle lineup.
Company News
The 2026 Washington, D.C. Auto Show returns to the Walter E. Washington Convention Center from January 23 to February 1, 2026, featuring new manufacturers like Harley-Davidson and VinFast alongside returning brands such as Land Rover. Major automakers including Kia, Chevrolet, Toyota, Tesla, Polestar, and Subaru will showcase their latest vehicle...
Vietnam's commercial vehicle market is projected to grow from USD 2,528.95 million in 2025 to USD 5,796.13 million by 2035 at a CAGR of 8.86%. Light commercial vehicles dominate with 26.17% market share, while trucks generate 51% of revenue. ICE vehicles hold 80.71% market share, though electrification is gaining traction. Growth is driven by rec...
VinFast opened its first factory in Subang, Indonesia, marking a significant expansion in Southeast Asia. The new facility will initially produce several electric vehicle models for the domestic market, reinforcing the company's global ambitions.
The electric vehicle market faces potential challenges in Q4 2023, with consumer tax credit expiration causing demand fluctuations. Rivian shows promise with upcoming R2 SUV launch, while VinFast struggles with global expansion and financial performance.
The global electric vehicle aftermarket is expected to grow from USD 84.08 billion in 2025 to USD 351.59 billion by 2034, with a CAGR of 17.23%. North America currently dominates the market, with Asia Pacific projected to have the fastest growth rate.
