Vietnamese EV maker VinFast (VFS) saw deliveries pick up in the fourth quarter, but not enough to top its goal of handing over 40,000 to 50,000 vehicles in 2023.
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Vietnamese EV automaker VinFast set the tone at the Las Vegas Convention Center this morning, detailing the first product announcement of day one in the West Hall. In addition to officially launching its line of Drgn Fly E-Bikes, VinFast shared plans to sell its ultra-compact VF 3 globally, and pulled the sheet off a pickup truck concept called the VF Wild.
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Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. In addition to announcing plans for a $2 billion in factory in India, it just announced a fresh crop of dealership openings in the US, with plans to expand the network to 125 points of sale across the country.
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Vietnamese EV maker VinFast has announced that it will open doors to its first dealership in the US in the same state where it is building its $4 billion EV factory. The automaker is partnering with North Carolina’s Leith Automotive Group to start selling its fully electric cars in the state.
Vietnamese automaker VinFast has officially launched its VF 7 EV in its native country, rounding out a lineup of six initial SUVs covering the A to E vehicle segments. While the initial launch begins in Vietnam, the VF 7 should eventually make its way to the US, and it’s starting at a rather enticing price point.
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Vietnamese EV maker VinFast (VFS) may launch the cheapest EV in the US soon. VinFast showed off its VF 3 electric car to US dealers, which could launch at under $20,000.
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EV maker VinFast (VFS) just gained an edge. Vingroup Chairman and Vietnam’s richest person, Mr. Pham Nhat Vuong, announced Wednesday he would donate 99.8% of EV battery company VinES to VinFast.
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Vietnamese EV maker VinFast (VFS) reported rising Q3 revenue, EV deliveries, and vehicle sales on Thursday. However, most of the growth is due to sales to a related company.
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Vietnamese EV maker VinFast (VFS) released its Q2 earnings Thursday, its first report since going public, showing 303% revenue growth from the first quarter.
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Vietnamese EV maker VinFast (VFS) announced Monday that EV deliveries rose over 400% in Q2 compared to the first three months of the year. However, the primary reason for the jump is due to sales to a related party.
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Electric vehicle sales continue breaking records as automakers ramp production. Compared to other EV startups like Lucid (LCID) and VinFast (VFS), Rivian (RIVN) is outpacing the pack as registrations continue rising.
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Vietnamese EV maker VinFast (VFS) announced Monday that its new VF 9 electric SUV has earned up to 330 miles EPA range, outperforming its own benchmarks.
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Vietnamese EV maker VinFast celebrated its listing on the Nasdaq exchange under the ticker “VFS” on Tuesday. During its market debut, VinFast’s market cap easily surpassed Ford and GM, ending the day worth almost as much as both combined.
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VinFast has leaped over its very last hurdle, a formality at the very least, to finalize its SPAC Merger with Black Spade Acquisition Company and list on the Nasdaq stock market. All is officially complete, enabling VinFast’s new ticker symbols to begin scrolling tomorrow.
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After nearly two years of saying it was planning to do so, VinFast has a clear runway to publicly list on the Nasdaq, following approval by shareholders of Black Spade to complete a SPAC merger. With a formal filing expected to close quickly, we could see VinFast’s new ticker symbols scrolling the Nasdaq as early as next week.
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Vietnamese EV maker VinFast announced Friday it’s planning to hold its US listing next month. The US Securities and Exchange Commission (SEC) gave VinFast the green light to proceed with its proposed SPAC deal.
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Vietnamese EV automaker VinFast will kick off a slew of firsts in North Carolina next week, as it will officially break ground on a previously announced production facility – its first in North America.
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EV maker VinFast is introducing a new program starting Thursday that includes compensation if buyers encounter issues with their vehicles. VinFast says it will pay owners based on the severity of the problem.
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Vietnamese EV maker VinFast issued a voluntary recall for the entire first batch of 999 VF8 electric SUVs sent to the US over a software issue that poses safety risks.
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EV maker VinFast is partnering with media giant Sony Pictures Entertainment to launch its new in-car streaming service. Launching this summer, VinFast EV buyers will have first access to the new media platform.
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Vietnamese EV maker VinFast has ambitious goals for the future. The company’s founder said on Wednesday he expects electric vehicle sales to grow by nearly 600% this year. In addition, new VinFast models could include an electric pickup truck and a $10,000 to $12,000 minicar as it works to expand its lineup.
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As flagship VF 8 models continue to make their way over to North America, Electrek was invited to VinFast’s first media drive event, and I was one of the first to experience the limited run City Edition SUV. While there is certainly room for improvement, VinFast is off to a promising start with the VF 8 – below are my thoughts.
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VinFast Auto has formed a business combination agreement with Black Spade Acquisition Co. in hopes of finally achieving that IPO in the US it has been promising for years. If and when the transaction is complete, VinFast is expected be listed on the US stock market at an equity value over $23 billion.
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Vietnamese EV automaker VinFast can continue its development and steadfast global expansion, thanks to a fresh round of funding from parent company VinGroup and its chair, Mr. Pham Nhat Vuong. The chair has offered up $1 billion of his own assets to the automotive branch just months after telling the public that the well had run dry.
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