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.
Jaguar Land Rover FY2025/26 Results: Premium Models Drive Recovery, China Market Leads
Baidu Intelligent Cloud Powered Delivery of Over 20 Million L2 ADAS Vehicles Last Year
Leapmotor Hits Record Q1 2026 Revenue Amid Falling Margins, Net Loss Widens to RMB 3.9 Billion
Pateo Appoints Stefan Ortmanns as Head of European Operations to Accelerate Global Expansion
Tesla Unveils Reusable Suspension Clip Patent, Balancing Cabin Quietness and Serviceability
Xiaomi SU7 Ultra and YU7 Roll Out HyperOS 1.16 Full Update with Voice Control, AI Features
Lufang, Chairman of Voyah Auto, Calls 2026 the Decisive Year for New Energy vs. ICE Vehicles
