Consumer Vehicles and Parts

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VINFAST Launches VF MPV 7 in the Philippines

VinFast Set to Break Even Next Year, Aiming for 300,000 Deliveries This Year

Vietnam VinFast Partners with Philippine Electric Scooter Dealers

Lavi Taxi plans to add 2000 EVs

VinFast Launches High-End Electric Model in India and Expands Retail Network

VINFAST to Provide Free Charging Services in India Until March 2029

VinFast Reports 127% Year-over-Year Growth in March 2026 EV Deliveries, Totals 27,609 Units

VinFast Auto Plans to Launch Three Electric Scooters in India

BYD and VinFast Expand Electric Vehicle Market Share in Southeast Asia

VinFast received over 135,000 orders for electric scooters and shipped over 93,000 to Vietnam

VinFast Launches Electric Scooters in India's Two-Wheeler Market

VinFast Postpones Break-Even Target to After 2027

VinFast Signs MOU with Indonesian Transport Providers for EV Supply

VinFast Partners with PlusX Electric to Enhance EV Charging Network in UAE

VinFast Delivered 16,172 Electric Vehicles in Vietnam in January

VinFast Launches VF Limo Green Electric Vehicle in the Philippines

VinFast Announces Global Electric Scooter Expansion Strategy

VinFast Partners with Autobrains to Develop Autonomous Driving Technology

VinFast's electric scooter deliveries in Vietnam up 473% in 2025

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VinFast has secured a significant order for 1,500 electric vehicles from Taxi Huong Giang, aimed at transitioning the taxi fleet to zero-emission vehicles. This agreement, signed on May 11, will expand Taxi Huong Giang's fleet to over 2,000 EVs, enhancing its partnership with Green SM, Vietnam's leading ride-hailing service. The new EVs may include various models priced between 269 million to 749 million dong, with ranges from 175 to 450 kilometers. The collaboration emphasizes the shift towards green mobility in Vietnam.

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Vietnam: VinFast secures major order for 1,500 EVs

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V-GREEN, a Vietnam-based charging infrastructure company, has partnered with the Provincial Government of Bataan and Clean Fuel in the Philippines to enhance EV charging and battery swapping infrastructure. The initiative aims to deploy 600 charging stations and 1,200 battery swapping stations across Bataan, promoting electric vehicle adoption. The collaboration also includes developing charging stations at Clean Fuel's high-traffic locations in Cavite, supporting VinFast's upcoming electric scooter launch and enhancing convenience for existing users.

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V-GREEN partners with local authorities, businesses in the Philippines to advance EV infrastructure

VinFast, Vietnam's electric vehicle maker, has added 29 aftersales partners during its Global Business Conference from May 4 to May 10, 2026, as part of its global expansion strategy. The company aims to establish nearly 1,100 service workshops worldwide by 2026, enhancing its electric vehicle ecosystem with standardized training, quality control, and customer support policies.

Vietnam’s EV maker VinFast adds 29 aftersales partners per global expansion strategy

GSM Green and Smart Mobility JSC, in collaboration with 75 transport companies in the Philippines, will deploy 18,497 VinFast electric vehicles for passenger transport. This initiative is part of GSM's expansion strategy in the Philippines, focusing on a partnership model that combines its platform with local operations. The deployment will include various VinFast models and is expected to begin phased operations by 2026.

Ride-hailing service GSM, local dealers to deploy 18,497 EV Vehicles in Philippines

VinFast plans to sell two Vietnamese factories to reduce its debt by approximately 182 trillion dong (S$8.8 billion) and aims to become nearly debt-free post-restructuring. The company expects to reach profitability in its domestic market by 2027. The restructuring will separate manufacturing operations into a standalone entity, allowing for production for other automakers while prioritizing VinFast's orders. This move may also alleviate the debt burden on parent company Vingroup, which has total debts of about 358 trillion dong.

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VinFast seeks to shed most debt with Vietnam factory spinoffs

VinFast is restructuring by selling its manufacturing facilities to a group led by its founder, Pham Nhat Vuong, aiming for an "asset-light" model. The deal, valued at approximately $530 million, will allow VinFast to focus on R&D and international expansion while the new entity continues producing VinFast vehicles. The transaction is expected to close in Q3 2026, pending approvals. VinFast reported a net loss of $1.34 billion in Q4, with plans to achieve EBITDA breakeven by 2027.

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Vietnam EV maker VinFast to undergo corporate restructuring

Major domestic carmakers in Vietnam, including Thaco, VinFast, and TC Group, are urging authorities to maintain current business conditions for the automobile industry. They warn that proposed reforms to remove manufacturing and assembly from conditional business lines could weaken domestic production and increase vulnerability to cheap imports. The Vietnam Chamber of Commerce and Industry supports the proposal, arguing that existing conditions create high entry barriers and limit competition. The debate highlights divisions among policymakers and industry experts regarding the balance between fostering local manufacturing and encouraging innovation in emerging automotive technologies.

Vietnam News

Auto industry split over proposal to scrap business conditions

VinFast, a Vietnamese electric vehicle manufacturer, plans to sell its domestic manufacturing unit for approximately $530 million as part of a restructuring to adopt a more capital-efficient model. The restructuring involves creating a new entity, VinFast Vietnam JSC, which will manage R&D, intellectual property, and overseas subsidiaries. The existing manufacturing subsidiary, VinFast Trading and Production JSC, will retain certain assets and liabilities. The deal is expected to be finalized by Q3 2026, pending necessary approvals, and aims to enhance VinFast's focus on product development and global sales.

VinFast to sell Vietnamese manufacturing unit in $530 million restructuring move

VinFast, Vietnam's EV maker, plans to sell its domestic manufacturing assets for $530 million to restructure and pay off $400 million in debt. The deal involves splitting its main subsidiary into two entities, with the buyer being an alliance closely linked to VinFast's founder. The sale will eliminate approximately $3.3 billion in debt from VinFast's balance sheet, but the new entity will face a higher corporate tax rate. Shareholders will vote on the deal on May 27, with closure expected by Q3 2026.

Vietnam’s EV maker VinFast to sell production lines, allocate $530M gain to pay $400M debt

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