VinFast Marks a Strong 4Q23 with Increased EV Deliveries and Prepares for Financial Results Release

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Automobile company VinFast Auto Ltd. (hereafter referred to as "VinFast"), has reported significant growth in its electric vehicle ("EV") sales. For the fourth quarter of 2023, the number of EVs delivered by the company reached a total of 13,513 units. This figure not only stands as a remarkable accomplishment for VinFast but also signifies a substantial quarter-over-quarter increase of 35%. These numbers are illustrative of the rising consumer demand for electric vehicles and VinFast's strengthening position in the competitive EV market.

Quarterly Growth Highlights

Through strategic marketing and continuous development of their EV models, VinFast has managed to capitalize on the growing trend of eco-friendly transportation solutions. The impressive 35% increase in sales underscores the successful adaptation and innovation the company has invested in. As the EV market continues to expand, VinFast's focus on meeting consumer needs for sustainable and efficient vehicles is clearly resonating with customers around the globe.

Anticipation for 4Q23 Results

Following the announcement of the delivery figures, there is increased anticipation for the detailed release of VinFast's full financial results for the fourth quarter of 2023. Stakeholders, including investors and industry analysts, are keenly awaiting these results to gauge the company's financial health and to predict its future performance trajectory. The automotive world and EV enthusiasts alike are looking forward to understanding how these delivery numbers will translate into VinFast's financial outcomes for the quarter.

VinFast, EV, deliveries