Vinfast Soars as Third-Most Valuable Automaker Globally

In a surprising turn of events, Vietnamese electric car manufacturer, Vinfast, saw its shares soar by 21% this Monday. This follows a spectacular debut on Wall Street earlier this month, pushing its market value to an astonishing $160 billion. With this momentum, Vinfast stands as the third-most valuable carmaker worldwide, trailing only industry giants, 特斯拉 and Toyota.

However, it’s important to note that the rapid rise hasn’t been without its turbulence. With a limited number of publicly available shares, the stock has experienced wild swings. In fact, “shares jumping or slumping more than 14% in 11 of the past 12 sessions,” indicating the stock’s volatility. Monday’s surge alone had the potential to add roughly $33.6 billion to its valuation.

While the stock’s trajectory has caught the attention of retail investors, making it one of the most watched on platforms like Stocktwits, the company’s ownership paints a different picture. Vinfast remains almost entirely in the hands of Pham Nhat Vuong, Vietnam’s wealthiest individual and the mastermind behind Vingroup, the parent conglomerate. He controls a staggering “99.7%” stake in the company, as per official filings.

Yet, despite the market’s clear enthusiasm, challenges lie ahead for Vinfast. It faces stiff competition, especially from Tesla, and has a long journey before it can establish a significant presence in the electric vehicle market. For context, “only 137 Vinfast EVs were registered in the United States through June.” Moreover, the company is attempting to penetrate the US and European markets at a time when the appetite for electric vehicles is waning.

However, Vinfast remains ambitious. The company anticipates “to sell as many as 50,000 electric vehicles this year,” in contrast to Tesla’s projected 1.8 million cars. A significant shift in strategy is evident as Vinfast opts for dealerships over Tesla’s direct-to-consumer model and commits to a $4 billion factory in North Carolina. Only time will tell if these decisions cement Vinfast’s position in the automotive elite.

Photo courtesy of Vinfast.


了解 EVXL.co 的更多信息

订阅后即可通过电子邮件收到最新文章。

Copyright © EVXL.co 2025. All rights reserved. The content, images, and intellectual property on this website are protected by copyright law. Reproduction or distribution of any material without prior written permission from EVXL.co is strictly prohibited. For permissions and inquiries, please 联系我们 first. Also, be sure to check out EVXL's sister site, DroneXL.co, for all the latest news on drones and the drone industry.

FTC: EVXL.co is an Amazon Associate and uses affiliate links that can generate income from qualifying purchases. We do not sell, share, rent out, or spam your email.

Haye Kesteloo
Haye Kesteloo

Haye Kesteloo 是以下网站的创始人和主编 EVXL.co他在该网站报道所有与电动汽车相关的新闻,涉及的品牌包括特斯拉、福特、通用、宝马、日产等。他在无人机新闻网站 DroneXL.co.您可以通过以下方式联系 Haye:haye @ evxl.co 或 @hayekesteloo.

文章: 1367

发表回复