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VINFAST REPORTS UNAUDITED FIRST QUARTER 2025 FINANCIAL RESULTS

  • VinFast reported its unaudited first quarter 2025 results showing strong growth with 36,330 EV deliveries globally and 44,904 e-scooter deliveries.
  • This growth followed VinFast's brand launch at the 2025 Bharat Mobility Global Expo in India, where it introduced the VF 6 and VF 7 electric SUVs and announced a CKD plant opening in Tamil Nadu in July 2025.
  • VinFast is optimizing operations by closing five direct-to-consumer stores in Canada and ending DTC showrooms in Germany and the Netherlands while expanding dealership networks and over 70 authorized service workshops.
  • Revenues rose 149.9% to US$656.5 million in Q1 2025 despite a gross loss of US$231 million, with improved gross margin from-58.7% to-35.2%, reflecting better operational efficiency through cost reductions and volume growth.
  • VinFast plans to more than double its worldwide vehicle shipments in 2025, concentrating on key markets such as Vietnam, Indonesia, India, the Philippines, North America, and Europe, while advancing new electric vehicle platforms and broadening its product offerings.
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VINFAST REPORTS UNAUDITED FIRST QUARTER 2025 FINANCIAL RESULTS

·Springfield, United States
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WWLP broke the news in Springfield, United States on Monday, June 9, 2025.
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