On November 12, 2024, VinFast, a leading automobile manufacturer, announced its sales figures for the past month. The company delivered over 11,000 electric vehicles to customers in October 2024, an impressive feat.
The best-selling VinFast models were the VF3, with nearly 5,000 units sold, and the VF5, with over 2,600 sales. Other models, including the VF6, VF7, VF8, VF9, and VF e34, also performed well in the market.
Compared to September 2024, VinFast’s sales grew by an impressive 21%. With these outstanding results, VinFast surpassed both Toyota and Hyundai to become the best-selling automotive brand in Vietnam for October 2024.
VinFast outsold Toyota and Hyundai to become Vietnam’s top-selling automotive brand in October 2024.
Furthermore, VinFast’s cumulative sales for the first ten months of the year exceeded 51,000 units. This achievement solidifies VinFast’s position as the best-selling automotive brand in the Vietnamese market for 2024 so far.
VinFast becoming Vietnam’s best-selling automotive brand is a significant milestone and a turning point for the country’s automotive industry. Within just five years of entering the market, VinFast has officially surpassed foreign automobile manufacturers to claim the largest market share in Vietnam. Notably, VinFast is also the first electric vehicle manufacturer to overtake gasoline-powered car companies, achieving this feat only two years after transitioning to an all-electric lineup.
The VF3 was VinFast’s top-selling model in October 2024.
VinFast’s growth also signifies consumer acceptance and support for domestic electric vehicles. Vietnam has now officially joined the ranks of countries where electric vehicle brands surpass those of gasoline-powered cars in market leadership.
Currently, VinFast offers seven electric vehicle lines across all segments, from small SUVs to E-SUVs, in the Vietnamese market. These include the VF3, VF5 Plus, VF e34, VF6, VF7, VF8, and VF9. These models cater to diverse customer segments with competitive pricing compared to gasoline vehicles in the same class. VinFast is also expanding its global presence, making its mark in numerous countries and regions worldwide.
The Ultimate Lamborghini Urus SE: Unveiled in Vietnam with a Price Tag of 15.6 Billion VND
Lamborghini has unveiled its highly anticipated super SUV, the Urus SE, in Vietnam. This marks a significant step for the renowned Italian automaker as it ventures into the competitive world of high-performance SUVs. The Urus SE promises to offer an unparalleled driving experience, combining the power and agility synonymous with the Lamborghini brand. With its sleek and muscular design, the Urus SE is set to turn heads and elevate the SUV segment in the country.
Electrifying Collaboration: Audi and SAIC Join Forces to Launch a New Electric Vehicle Brand
Audi has unveiled an exciting new sub-brand, dedicated to crafting cars tailored for the Chinese market.
The Ultimate Lamborghini Huracan: A Vietnamese Entrepreneur’s Pride and Joy.
The Lamborghini Huracan Super Trofeo Omologato is an extraordinary vehicle, and this particular model is the only one of its kind in Vietnam. The owner of this stunning supercar has an impressive collection, and this addition is a true testament to their passion and taste for exceptional automobiles.
The Wuling Bingo: Incompatible with Vietnam’s Public Charging Network
The Wuling Bingo comes equipped with a GB/T charging port, which is a common standard in China. However, without an adapter, it cannot be charged at public charging stations in Vietnam as the charging system is incompatible.
The Electric Car Tax Policy: China Fights Back.
The Chinese Ministry of Commerce has recently filed a complaint with the World Trade Organization (WTO), challenging the European Union’s (EU) anti-subsidy measures on Chinese-made electric vehicles. This move by China is an assertive step to protect its domestic electric vehicle industry and ensure its global competitiveness. The complaint alleges that the EU’s actions are inconsistent with WTO rules and may negatively impact the growth of this innovative and environmentally friendly sector. With this challenge, China seeks to uphold fair trade practices and promote the sustainable development of the electric vehicle industry, not just domestically but on a global scale.
