VinFast Delivered Almost 10,000 EVs Globally In Q1 2024

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VinFast global electric vehicle deliveries during the first quarter of 2024 amounted to 9,689. It's a 444% increase year-over-year (from a low base of 1,780).

VinFast Auto's global electric vehicle deliveries during the first quarter of 2024 amounted to 9,689. It's a 444% increase year-over-year . Compared to the previous periods, this volume is relatively stable. Only the Q4 2023 stands out with a record of 13,513 EV deliveries. However, it's worth noting that the majority of VinFast electric cars were delivered to related parties of the company . That's always a warning sign from the business perspective.

, where VinFast signed additional agreements with 10 dealers, bringing the total number of dealers signed to 16. They span seven states: Connecticut, Florida, Kansas, Kentucky, New York, North Carolina, and Texas. Sales operations for these newly added dealerships are expected to begin in Q2 2024, the company said. Another interesting thing from the U.S. perspective is the upcoming market launch of the VinFast VF 9 model. The first batch of VF 9 'is set to arrive in the U.S.

 

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