On November 12, 2024, VinFast announced that it had delivered over 11,000 electric vehicles of various models to customers in October 2024, bringing the total count to more than 51,000, officially becoming the best-selling automotive brand in the Vietnamese market in the first ten months of the year.
Following the success of September, VinFast continued to deliver a large number of electric vehicles to customers in October, with over 11,000 units, a 21% growth compared to the previous month. The two best-selling models were the VF 3, with nearly 5,000 units, and the VF 5, with over 2,600 units. Other models, including the VF 6, VF 7, VF 8, VF 9, and VF e34, also achieved impressive business results, indicating consumers’ growing preference for electric vehicles and support for the green mobility trend.
In total, VinFast has delivered over 51,000 electric vehicles of various models to the Vietnamese market since the beginning of the year. With a high number of pending orders, large-scale production capacity, and continuously expanding business network and charging stations nationwide, VinFast is confident in maintaining its position as the leading automotive brand in the market and further increasing its lead over other brands.
VinFast becoming the best-selling automotive brand in Vietnam marks an important milestone and turning point for the country’s automotive industry. Within just five years of entering the market, VinFast has not only established a solid position but has also officially surpassed foreign automotive brands to capture the largest market share. Notably, VinFast is also the first electric vehicle manufacturer to surpass gasoline vehicle competitors just two years after transitioning to an all-electric lineup, becoming the market leader.
VinFast’s exceptional growth not only demonstrates the capabilities, caliber, and sophistication of Vietnamese enterprises in the high-tech industrial sector but also reflects consumers’ acceptance and support for smart and environmentally friendly electric vehicles. Vietnam has also officially become one of the few countries where a domestic electric vehicle brand leads the overall market, outpacing gasoline vehicles.
Currently, VinFast offers seven electric vehicle models in Vietnam across all segments, from mini-SUV to E-SUV, with diverse and competitive pricing strategies that cater to various customer segments and offer excellent value compared to gasoline vehicles in the same class. VinFast is also aggressively expanding globally, strengthening its presence in multiple countries and regions worldwide, contributing to the global electric mobility revolution.
“VinFast Secures $3.5 Billion in Funding from Vingroup and Mr. Pham Nhat Vuong.”
On the 12th of November, 2024, Vingroup and its chairman, Mr. Pham Nhat Vuong, announced a financial commitment to back VinFast.
VinFast Grand Lunar New Year Gift: A Token of Appreciation for All Car Owners Before December 31st, 2024
To express our gratitude to our valued customers, VinFast is delighted to present a special Lunar New Year gift to all our automobile owners, past and future. This thoughtful token of appreciation has been personally selected and signed by none other than the Chairman of Vingroup, Mr. Pham Nhat Vuong himself. This gesture is our way of showing our deepest appreciation and respect to those who have put their trust in the VinFast brand.
“VinFast Spreads Festive Cheer with Special Gifts for All Its Vehicle Owners”
VinFast is set to offer a special token of appreciation to its car owners in January 2025, just in time for the Lunar New Year celebrations.
“Billionaire Pham Nhat Vuong Pledges $2 Billion to VinFast.”
The $2 billion funding has been arranged from Mr. Pham Nhat Vuong’s personal wealth, with no impact on the interests of Vingroup and VinFast shareholders.
“Thais Keep Their Cars Longer Due to Economic Downturn.”
A recent survey has revealed an interesting insight into the automotive habits of Thai citizens. It shows that the average ownership of cars has increased from 7 to 9 years.
