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VinFast EV deliveries soar 192 percent, beat targets in 2024

VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, announced that it delivered 53,139 EVs globally in the fourth quarter of 2024.

This represents a 143% increase over the previous quarter and a 342% growth from the same period in 2023.

For the full year 2024, VinFast reported total global deliveries of 97,399 EVs, marking a 192% increase year-over-year.

This figure exceeds the company’s revised target of 80,000 vehicles. VinFast aims to at least double its global deliveries in 2025.

VinFast plans to release its full-year 2024 financial results on April 24, 2025. This will be followed by an earnings call and webcast on the same day.

Recent VinFast developments

Timeline
13-Feb-2025 🚙 VinFast unveils VF 3 mini-SUV, offers free charging in ID
  • VinFast unveils VF 3 mini-SUV in Indonesia.
  • Free charging for VF 3 until March 2028 offered.
18-Jan-2025 🇮🇳 VinFast launches two EV models in India
  • VinFast launches VF 6 and VF 7 in India.
  • Manufacturing facility under construction in Tamil Nadu.
09-Dec-2024 🚗 VinFast to open second plant in VN, set to operate mid-2025
  • VinFast to build second plant in Ha Tinh.
  • New facility aims for 300,000 vehicles annually.
27-Nov-2024 🚗 VinFast’s unaudited Q3 revenue up 49%
  • VinFast delivered 21,912 EVs in Q3 2024.
  • Revenue increased 49.3%, loss narrowed to $122.8M.
12-Nov-2024 🚗 VinFast gets $3.5b boost by 2026

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