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The Latest Breaking News from VinFast

VinFast's Low BEV Sales Numbers Contrast With Its High Valuation

VinFast's initial electric car sales in the United States remain relatively low, especially considering the market valuation of the Vietnamese manufacturer.

InsideEVs

VinFast Stock Forecast: More Volatility Ahead for New EV Listing

VinFast went public through a SPAC reverse merger, and boasts a market cap in excess of established automakers like Ford and General Motors. I believe that the stock is grossly overvalued at these prices, and is set to extend its recent losses.

Barchart

Would-be Tesla rival loses steam after big debut

After a stunning debut, Vietnamese electric vehicle maker VinFast sees its shares come down.

The Street

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EV startup from Vietnam with barely any sales and horror reviews is now worth more than Ford and GM

VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.

Fortune

Loss-making carmaker VinFast valued at more than Ford and BMW

Company founded by Vietnam’s richest man achieved $85bn valuation despite scathing early reviews of its electric vehicles

The Guardian - UK

VinFast Worth $85 Billion After Going Public, More Than GM, Ford, VW

VinFast stock soared in its debut as a public company on Nasdaq, with its market capitalization exceeding that of GM and Ford as traders flipped VFS shares.

InsideEVs

The little-known Vietnamese electric vehicle maker that’s now valued at more than Ford or GM

EV maker, which has been in losses, opened at $22 but closed above $37 each in first day of trading

The Independent UK

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VinFast To Enter NASDAQ As "VFS"

VinFast has just completed a SPAC merger with Black Spade Acquisition Company. The EV manufacturer will enter the NASDAQ on August 15th.

InsideEVs

VinFast and Black Spade Announce $27B Merger For August IPO

VinFast is planning to debut on the U.S. market this August, thanks to Black Spade Acquisition (BSAQ). If confirmed, VinFast will be a publicly-traded company.

InsideEVs

VinFast Breaks Ground On Its EV Plant In North Carolina

VinFast has broken ground on its EV plant in Chatham County, North Carolina, on July 28

InsideEVs

IPhone US Shipments Take A Hit, Does Social Media Algorithm Impact Political Beliefs

Bloomberg DoorDash Embraces AI Chatbot to Revolutionize Food Ordering and Gain Competitive Edge DoorDash Inc (NYSE

Zenger

VinFast To Host Groundbreaking Ceremony Of NC Plant Next Friday

Vietnamese electric automaker VinFast will break ground for its upcoming North Carolina production site on July 28th.

InsideEVs

VinFast To Build EV Factory In North Carolina, Aims To Supply North American Market

Vietnamese EV manufacturer plans construction of 1,800-acre factory with initial capacity of 150,000 vehicles per year.

Zenger

Not So Fast: Only 128 VinFast VF8 Registrations In US Through May

VinFast was No. 22 among the 25 brands on Experian's list of new EV registrations, followed by Jaguar, GMC, and Mazda.

InsideEVs

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InsideEVs

US: Some Promising BEV Brands Are Struggling This Year

A new report, based on registration data from Experian, indicates that while some BEV brands are enjoying strong sales growth, others are struggling.

InsideEVs

US: BEV Car Registrations Reached Nearly 350,000 In Jan-Apr 2023

The total number of new all-electric car registrations in the US, during the first four months of 2023 amounted to 348,258, which is 72% more than a year ago.

InsideEVs

VinFast Will Give Its Customers Cash Or Vouchers If Their EV Breaks Down

Vietnamese EV maker VinFast has launched a new after-sales policy today that will give eligible customers a service voucher or cash if their EVs break down.

InsideEVs

2025 VinFast VF3 Mini EV Expected To Become Vietnam's National Car

The VinFast measures just 122.6 inches in length, making it some 10 inches shorter than the Baojun Yep that debuted in China last month.

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The Independent UK

Edmunds: The top five EV startups you need to know about

Designing and producing electric vehicles is a tough business, but some startup companies have already started selling EVs hoping to become as successful as Tesla

The Street

Tesla Rival VinFast Has Awful News About Its Electric Vehicles

The Vietnam-based electric automaker has a problem with its VF8 electric SUV.

InsideEVs

VinFast Recalls All VF8 City Edition EVs Because Display Goes Blank

The automaker said an OTA software update should solve the problem, with the fix scheduled to go live from May 25 to all 999 VF8 City Edition EVs in the US.

InsideEVs

VinFast Starts Shipping Longer-Range VF8 Standard Edition EVs To US

The shipment consists of longer-range VF8 Standard Edition models that offer EPA-estimated ranges of 264 miles in Eco trim and 243 miles in Plus trim.

InsideEVs

Records, VinFast, Curb Charging & Polestar: Top EV News May 19, 2023

The EV news keeps flooding in, with newly broken records, new automakers selling EVs on our shores, EV delivery forecasts, and more.

Tribune News Service

VinFast’s first US car is getting absolutely slammed by critics

“Yikes.” “Return to Sender.” “Unacceptable.” “Don’t buy.”

Tribune News Service

Why is VinFast going public via a SPAC instead of a traditional public offering?

VinFast, the high-spending Vietnamese automaker with bold plans in North Carolina, has for months sought a path to the stock market. It’s now poised to take an alternative route to get there.

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