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VinFast is determined to capture a portion of US EV market share, but there are few reasons to believe it can actually pull this off. By Stewart Burnett
VinFast posted a net loss of VND 35.2tr (US$1.34bn) in the fourth quarter of 2025, 15% wider than the previous quarter and 46.5% less than the same period of 2024, as costs mounted across sales incentives and manufacturing expansion. Alongside the less-than-stellar results, the automaker confirmed it expects to resume construction of its electric vehicle (EV) plant in North Carolina this year.
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Analysis,E-Mobility,Manufacturing,Markets,OEMs,Stewart BurnettStewart Burnett#VinFast #revives #production #plans #mounting #losses1773682997
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