In the latest news from VinFast, Ms. Duong Thi Thu Trang, Vice President of Global VinFast Sales, revealed the company’s strategy to develop the Green car line specifically for the service segment and plans to solidify its number one position in the market by 2025.
According to Ms. Trang, VinFast’s primary goal is to maintain and extend its lead over competitors in the Vietnamese market. In the international arena, the company aims to become a well-known electric vehicle brand in key markets such as North America, Europe, and Southeast Asia.
Ms. Trang shared that VinFast is continuously innovating and developing breakthrough products that offer superior value to customers. In addition, the company is ramping up investments in its distribution network, electric charging infrastructure, and after-sales service in international markets. VinFast is also collaborating with leading partners to develop advanced technologies, with the goal of not just competing but leading in the global electric vehicle segment.
Car Industry Analysis, a renowned channel, released a report estimating the pure electric vehicle sales of the top 42 electric car manufacturers worldwide for the first three quarters of 2024. Impressively, VinFast ranked 28th, outperforming numerous established automotive brands.
With sales of 44,260 units in the first three quarters of 2024, VinFast surpassed Honda and Mazda in global electric vehicle sales. Car Industry Analysis attributed this success to the strong performance of the VF 3 model in Vietnam and the Philippines.
According to VinFast’s Q3 2024 financial report, the company delivered nearly 22,000 vehicles, a remarkable 115% increase from the same period last year. Revenue reached USD 511 million, up 49% from 2023. Ms. Le Thi Thu Thuy, Chairwoman of VinFast, affirmed their optimism about ending 2024 on a high note and achieving their target of delivering 80,000 vehicles. Additionally, VinFast reported a net loss of USD 550 million in Q3, a 14.8% improvement from the previous year’s corresponding quarter.
The VinFast Boss Unveils Plans for a Dedicated Electric Vehicle Line for Commercial Use
Recently, the Vice President of Global VinFast Business revealed an intriguing strategy to develop a dedicated line of Green vehicles for the service segment.
Celebrity VinFast Drivers: Proud Ambassadors of Vietnam’s Leading Automotive Brand
“From Zero to Hero”: VinFast’s meteoric rise to the top of the Vietnamese market has become a source of immense pride for its users and has been vigorously championed by influential voices within the community.
Electric Vehicle Revolution: VinFast Unveils Plans for a Smaller Electric Vehicle, Tailored for Ride-Sharing and Taxi Services
The new electric model from VinFast, named the M-Green, is a smaller and more affordable version of its predecessor, the VF3. This sleek and stylish car is set to revolutionize the electric vehicle market, offering a compact and cost-effective option without compromising on performance or style. With its cutting-edge technology and eco-friendly credentials, the M-Green is poised to become a popular choice for environmentally conscious consumers seeking a practical and efficient mode of transportation.
VinFast Records 115% Rise in Car Sales and 49% Jump in Revenue
On November 26, 2024, VinFast announced its unaudited financial results for the third quarter ended September 30, 2024.
“Be Patriots: Supporting Local Electric Vehicle Brands”
According to experts, VinFast’s success is not just a triumph for the company but a source of national pride for many Vietnamese. For a large number of people, supporting Vietnamese electric cars is a tangible way to boost Vietnamese products and showcase their patriotism.
