The manufacturer, created by the richest man in the country, is drowning in losses and struggling to get its sales off the ground. Will VinFast manage to produce and sell more than 1 million cars per year as planned from 2026? The game is off to a bad start.
The electric car manufacturer sold only 34,855 vehicles worldwide last year and 42,291 between 2021 and the end of 2023... Over the months, the destiny of this new manufacturer, imagined by Pham Nhat Vuong, the Vietnamese billionaire founder of the conglomerate Vingroup, has gone off the rails.