US EditionVINFAST 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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Q1/2025 Press Release (Vinfast Auto Ltd)
) Exhibit 99.1 VinFast Reports Unaudited First Quarter 2025 Financial Results Quarterly Revenues reached VND16,306.4 billion (US$656.5 million) Quarterly EV Deliveries were 36,330 units Singapore, June 9, 2025 - VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the first quarter …
VINFAST REPORTS UNAUDITED FIRST QUARTER 2025 FINANCIAL RESULTS
VinFast's revenue surges 150 percent year on year to $656.5M in 1Q
VinFast Auto Ltd., the Vietnam-based electric vehicle (EV) manufacturer, said its total revenues jumped 149.9 percent year on year to $656.5 million in the first quarter of 2025. The firm said in a statement on Monday that its EV deliveries were 36,330 in the first quarter, representing an increase of 296 percent from the first quarter of 2024. Despite the typically slow first quarter for the automotive market, the firm delivered more vehicles i…
VinFast VF6 and VF7: Fast Forward
Photographs by VinFast Let’s dive straight into the question you’re all asking – who (or what) on earth is VinFast? The answer is fairly straightforward – it’s a Vietnamese auto-maker that’s so new you can still see the plastic wrapping on the seats. Established in 2017, it initially produced ICE cars – a sedan and a crossover based on the BMW 5 Series and X5, respectively – before pivoting entirely to BEVs in 2022. The firm has gone from zero t…
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