From：Internet Info Agency 2026-03-18 09:15:33
Vietnamese electric vehicle maker VinFast released its 2025 financial results: full-year revenue reached $3.59 billion, up 105% year-over-year; net loss widened to $3.87 billion, a 26% increase compared to the previous year. The company delivered a total of 196,919 electric vehicles last year, with Q4 accounting for 44% of annual sales, and also sold 406,498 electric two-wheelers. VinFast plans to launch hybrid models in 2026 and restart construction of its U.S. factory, targeting production start-up by 2028. Its affiliated taxi company, GSM, intends to enter European and North American markets and expand into Indonesia and the Philippines. To date, VinFast has utilized $1.1 billion of the $2 billion pledged by founder Pham Nhat Vuong and borrowed an additional $413 million from its parent company, Vingroup. The company aims to achieve breakeven in 2025 and has set a 2026 EV sales target of 300,000 units, representing a 50% increase over 2025.
Geely Unveils i-HEV Smart Hybrid Technology, Set for Mass Production in 2026 Across Multiple Models
Car Seller Loses $60,000 Corvette as Buyer Flees During Chicago Test Drive
2027 BMW M5 Debuts with Bold New Design, Retains V8 Hybrid Powertrain
Ford CEO Warns Chinese EV Makers Threaten U.S. Industry, Seeks China Partnership for Low-Cost EVs
XPeng's First Full-Size Flagship SUV GX Opens for Pre-Orders, Starting at RMB 399,800
Audi Q9 to Launch in Second Half of 2026 as Full-Size SUV, Starting at ~$134,000
Smart #2 Concept to Debut at Beijing Auto Show, Retaining Fortwo's Iconic Layout
Porsche Unveils First 911 GT3 S/C with Fully Automatic Soft Top—Manual Transmission Only
