VinFast Posts Record Q1 Deliveries and Announces Date for Release of First Quarter 2025 Results

Updated: April 29, 2025 11:43

Image Source: Miscw

Vietnam's market-leading electric vehicle (EV) maker, VinFast Auto Ltd., has released strong delivery numbers for the first quarter of 2025, highlighting strong growth and international reach. The group has also specified the release date for its Q1 financials, demonstrating dedication to transparency as well as to planning. Detailed below:

Record Deliveries:

VinFast produced 36,330 EVs worldwide during Q1 2025, which is a stellar 296% year-to-year growth.
The deliveries of the VF 6 model jumped an unprecedented 453% when compared with the same time frame in 2024, whereas deliveries of VF 5 improved by 153%.

E-Scooter and E-Bike Success:

Additionally, 44,904 e-scooters and e-bikes were delivered in the quarter, marking a 473% year-over-year growth.
Compact and dynamic urban vehicle segments such as VF 3 and VF 5 represented 67% of deliveries, reflecting wide market acceptance.

Global Expansion:

VinFast formally opened operations in India, rolled out three models in Indonesia, and five models in the Philippines.
The group is aggressively increasing its network of dealer stores and service centers in key Asian markets.

Manufacturing Footprint:

To address growing demand for green mobility, VinFast is stepping up the development of its international manufacturing plants.
New factories in Indonesia, India, and Ha Tinh (Vietnam) will go into operation shortly.

Strategic Vision:

Chairwoman Madam Thuy Le stressed VinFast's commitment to leading the world's green transportation adoption with innovative and intelligent vehicles.
The company strives to retain a market-leading share in Vietnam while achieving significant overseas growth.

Financial Results Announcement:

VinFast has scheduled June 9, 2025, to announce its Q1 earnings, giving us a glimpse into its financial and operational performance.
The announcement marks VinFast's unwavering commitment to leading the green transition and cementing its global leadership in the EV market.

Sources: Benzinga, Vir, Zawya

Stay Ahead – Explore Now! L&T Consolidates Control: Acquires NPCIL's Stake in Special Steels Venture for ₹1.70 Billion