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VinFast

News, deep dives, and analysis — every VinFast story, newest first.

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Tesla’s German Sales Collapse 55% While BYD Surges in 2025
VinFast · Tesla

Tesla Sells Just 100 Cars In India, Tells Buyers They’ll Save Money In Five Years

Tesla’s India launch is off to a dismal start. The company has sold just over 100 Model Y units since deliveries began in September, and its new pitch to Indian buyers is that they can recover one-third of the $67,000 price tag through fuel and maintenance savings over four to five years, Reuters reports. The…

India’s EV Market Doubles as Tata’s Dominance Collapses and Global Rivals Circle
India

India’s EV Market Doubles as Tata’s Dominance Collapses and Global Rivals Circle

Tata Motors predicts India will reach EV-gasoline price parity by 2030, but the company is watching its market share get sliced in half as Tesla, VinFast, and Chinese competitors pile into one of the world’s last remaining growth markets, Bloomberg reports. The timing could not be more brutal. As China’s EV market drowns in overcapacity…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast Losses Nearly Double to $911M as Premium EV Strategy Collapses Against Chinese Competition

Vietnamese EV maker VinFast reported staggering third-quarter losses of $910.85 million, nearly double the $503 million lost in the same period last year, as the company’s premium pricing strategy crumbles under pressure from cost-efficient Chinese competitors. Despite achieving 47% revenue growth, VinFast’s gross margins deteriorated to negative 56.2%, meaning the company loses more than half…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast Secures $510 Million Loan to Boost Electric Vehicle Expansion

VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million private credit loan from Deutsche Bank AG and SeaTown Holdings International to fuel its ambitious global expansion, reports Bloomberg. This financial boost, announced on July 4, 2025, supports VinFast’s mission to compete in the fiercely competitive EV market, where price wars…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models

On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
California

VinFast Opens First California Dealership, Signals EV Market Expansion

EV enthusiasts have a new reason to get excited as VinFast, Vietnam’s emerging electric vehicle (EV) maker, launches its first dealership in San Diego, California. The move, announced on Wednesday, marks a strategic shift for the company, backed by Vietnam’s largest conglomerate, Vingroup (VICHM). This dealership opening, set to begin operations this month, reflects VinFast’s…

Tesla

Honda, Chevrolet Surge as Tesla’s EV Trust Falters in 2025 Consumer Survey

A new Electric Vehicle Intelligence Report (EVIR) reveals shifting consumer perceptions in the U.S. electric vehicle (EV) market, with Honda, Chevrolet, and Ford gaining ground as Tesla’s brand reputation weakens. Based on a survey of over 8,000 U.S. consumers, the report highlights practical concerns like range and charging infrastructure driving EV purchase decisions, while Tesla…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast’s Electric SUV Lineup Steals the Spotlight at Montreal EV Show 2025

VinFast is set to electrify the Montreal Electric Vehicle Show (MEVS) 2025, held May 2–4 at IGA Stadium, with a commanding display of its electric SUV lineup. Showcasing the subcompact VF 6, compact VF 7, midsize VF 8, and full-size VF 9, the Vietnamese automaker is doubling down on its mission to deliver sustainable, high-performance…

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