Just another WordPress site
Skip to content
VinFast has set a target volume of 300,000 units a year and plans to restart construction of its US factory despite the difficulties in the EV market there. Ian Henry asks if the company is trying to do too much.
In Q4/2025 VinFast, the new entrant in electric vehicles (EVs) from Vietnam, reported a loss of US$1.3bn, despite its vehicle deliveries doubling. Its costs of sales also grew by a remarkable 87% in the period. The company is targeting a significant rise in deliveries in 2026, aiming for 300,000 units for the year. And it is, despite the removal of the Biden-era incentives for EVs by the current US administration, planning to restart construction of its planned factory in the US.
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
Let us help you understand the future of mobility
“*” indicates required fields
Welcome back , to continue browsing the site, please click here
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
Analysis,Manufacturing,OEMs,Ian HenryIan Henry#VinFasts #ambitions #remain #high #realistic1774427814
More Stories
Pony.ai, CATL partner on first L4 electric light truck
UK lays regulations for automated passenger services
Leapmotor reveals China-only B05 Ultra at Beijing show