VinFast Auto Ltd.
VFSWW
NASDAQ Global Select0.28
USD
-0.03
- -
CIK
0001913510
ISIN
SGXZ98711302
Return %
Stock
S&P500
1Y
-6.66
19.01
3Y
-89.02
65.48
5Y
-89.02
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Vuong Nhat Pham
- Full Time Employees
- 29,878
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Dinh Vu – Cat Hai Economic Zone Hai Phong City CT Vietnam
- IPO Date
- Aug 25, 2023
- CIK
- 0001913510
- Website
- vinfastauto.us
- Similar Companies
- Business
- VinFast Auto Ltd. designs, manufactures, and sells electric vehicles, e-scooters, and e-buses, with a portfolio that includes electric SUVs such as the VF 3 mini-SUV, VF 5 A-segment SUV, VF 6 B-segment SUV, VF 7, VF 8, VF 9 E-SUV, and the seven-seat Limo Green MPV; e-scooters; e-buses including 20-occupant shuttle and 30-occupant city models; and the Green product line of electric vehicles tailored for transportation services like ride-hailing and corporate fleets. The company, founded in 2017 by Pham Nhat Vuong as a member of Vingroup and headquartered in the Đình Vũ – Cát Hải Economic Zone in Haiphong, Vietnam, with additional operational presence in Singapore and U.S. headquarters in Los Angeles, California, operates primarily in the electric mobility sector targeting individual consumers, fleet operators, and urban transport providers across Vietnam, North America, the Middle East, India, Indonesia, the Philippines, and Europe. VinFast maintains a state-of-the-art manufacturing complex in Haiphong boasting up to 90% automation and annual capacity of up to 300,000 vehicles, supplemented by expansions including a CKD facility in Tamil Nadu, India, set to commence operations in July 2025; a plant in Indonesia slated for October 2025; and groundbreaking on a North Carolina facility in 2023. Recent developments encompass securing up to $3.5 billion in funding commitments from Vingroup and Pham Nhat Vuong in late 2024 to support operations through 2026 and achieve cash flow balance; launching VF 6 and VF 7 electric SUVs in India in early 2025 followed by plans for three additional models including Limo Green in 2026 and potential entry into electric buses and two-wheelers; signing MoUs with Indonesian banks in November 2025 to accelerate EV adoption; forming a strategic partnership with the Arabian Automobile Association in 2025 to enhance aftersales services in the Middle East; expanding to 24 dealerships across 20 Indian cities by late 2025 with a target of 35 outlets; debuting in the Middle East with a Dubai dealership in October 2024; and achieving record deliveries of 36,330 EVs globally in first-quarter 2025, a 296% year-over-year increase led by VF 3 and VF 5 models.
VinFast Auto Ltd. (NASDAQ:VFSWW) Short Interest Update
VinFast Auto Ltd. (NASDAQ:VFSWW) Sees Large Decrease in Short Interest
Short Interest in VinFast Auto Ltd. (NASDAQ:VFSWW) Rises By 61.4%
VinFast Auto Ltd. (NASDAQ:VFSWW) Short Interest Down 48.9% in January