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VinFast, Vietnam's EV Pioneer, Witnesses 296% Spike in Q1 Deliveries Amid $712 Million Net Loss
2025-06-10 /
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Author：小编
VinFast, the pioneering Vietnamese electric vehicle manufacturer, reported a remarkable 296% year-on-year surge in electric vehicle deliveries during the first quarter, reaching a total of 36,330 units. This impressive growth was accompanied by a 149.9% YoY jump in total revenue, amounting to $657 million. However, the company also acknowledged a net loss of approximately $712 million. This widening net loss can be attributed to the substantial costs associated with market expansion initiatives and investments in research and development.
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