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Vietnam's VinFast posts higher 1Q revenue as vehicle deliveries increase

Tan KW
Publish date: Wed, 17 Apr 2024, 10:38 PM
Tan KW
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Vietnamese electric-vehicle maker VinFast reported higher first-quarter revenue on Wednesday on the back of increased vehicle deliveries.

The company's quarterly revenue more than tripled to US$302.6 million.

VinFast maintained its 2024 goal of 100,000 EV deliveries.

The company delivered nearly 9,700 cars in the first three months of this year, with a large portion going to its affiliate Green SM, a taxi operator and leasing provider backed by VinFast CEO Pham Nhat Vuong.

 


  - Reuters

 

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