# VinFast

> VinFast is the electric-vehicle arm of Vietnam's Vingroup, manufacturing electric SUVs, compact cars, scooters, e-bikes and buses while leaning on a wider ecosystem of charging, ride-hailing and service partners. Its home-market scale is substantial - 196,919 EVs delivered globally in 2025, most of them in Vietnam - and its next test is whether localized factories, dealers and small urban vehicles can turn that advantage into a durable international business.

- **Founded:** 2017
- **Headquarters:** Hai Phong, Vietnam
- **Founders:** Pham Nhat Vuong (Founder)
- **Team size:** Approximately 29,900 employees as of December 31, 2025; 92.8% were based in Vietnam
- **Products:** VF 3, VF 5, VF 6, VF 7, VF 8
- **Notable:** Became Vietnam's best-selling passenger-car brand in 2024 and maintained an estimated 36% domestic passenger-car market share in 2025., Delivered 196,919 EVs globally in 2025, up 102% year over year., Delivered 406,453 electric scooters in Vietnam in 2025, up 473% year over year.

## Products & services

- **VF 3** — A compact three-door, four-seat urban EV positioned as an alternative to motorbikes and larger cars.
- **VF 5** — An entry A-segment electric SUV aimed at first-time and budget-conscious buyers.
- **VF 6** — A B-segment electric SUV designed for family-oriented drivers.
- **VF 7** — A driver-focused C-segment electric SUV with a more expressive design.
- **VF 8** — A D-segment electric SUV sold in Vietnam, North America, Europe and the Middle East.
- **VF 9** — A three-row electric SUV positioned at the upper end of the range.
- **Green commercial range** — Minio, Herio, Nerio and Limo Green vehicles optimized for ride-hailing, service and fleet use.
- **Electric scooters and e-bikes** — Urban two-wheelers including Evo, Feliz, Klara, Vento, Vero X, Theon, Motio, Zgoo and Flazz.
- **Electric buses** — Battery-electric buses supplied for public and commercial transport applications.
- **VF Connect** — Connected-car services spanning vehicle controls, navigation, charging, security, entertainment and over-the-air updates.

## Achievements

- Became Vietnam's best-selling passenger-car brand in 2024 and maintained an estimated 36% domestic passenger-car market share in 2025.
- Delivered 196,919 EVs globally in 2025, up 102% year over year.
- Delivered 406,453 electric scooters in Vietnam in 2025, up 473% year over year.
- Opened three factories in 2025 - Ha Tinh, Tamil Nadu and Subang - bringing stated global EV capacity to about 600,000 units annually.
- Hai Phong produced its 200,000th EV of 2025 on December 31.
- Delivered 115,916 EVs in Vietnam during the first half of 2026, the first brand to exceed 100,000 domestic deliveries in the first half of a calendar year, according to VinFast.
- Listed on Nasdaq under the ticker VFS in August 2023 through a business combination with Black Spade Acquisition Co.

## Latest updates

- **2026-07** — Reported 17,955 EV deliveries in Vietnam in June and 115,916 for the first half of 2026, up 72% year over year.
- **2026-06** — Reported first-quarter revenue of US$920.7 million, up 41.7% year over year, on 58,577 EV deliveries.
- **2026-06** — Announced a Level 4 autonomous-driving collaboration with NVIDIA and Autobrains for Southeast Asia.
- **2026-05** — Signed MOUs with 29 aftersales partners and stated a 2026 goal of more than 1,100 service workshops globally.
- **2026-01** — Reported 406,453 e-scooter deliveries in Vietnam for 2025, led by more than 250,000 units from the Evo range.

## Links

- Website: https://vinfastauto.com
- LinkedIn: https://www.linkedin.com/company/vinfast
- Twitter/X: https://twitter.com/vinfastofficial
- YouTube: https://www.youtube.com/@vinfastauto.official
- Instagram: https://www.instagram.com/vinfastofficial/
- Facebook: https://www.facebook.com/VinFastAuto.Official/
- TikTok: https://www.tiktok.com/@vinfastofficial

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Profile page: https://yespress.io/vinfast
Published by YesPress — https://yespress.io
Last updated: 2026-08-13