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VinFast Sets Record With Over 16,000 Electric Cars Delivered in November 2024

Hanoi, December 11, 2024 – VinFast announced that it delivered over 16,000 electric vehicles (EVs) in November 2024 within Vietnam, bringing its year-to-date domestic sales volume to over 67,000 units. This marks the highest monthly delivery record ever achieved by any car brand in Vietnam during the past decade.

After becoming Vietnam’s leading carmaker by market share for the first ten months of 2024, VinFast continued to record significant growth in November. The Company delivered over 16,000 vehicles, representing a more than 40% increase compared to the previous month. On average, VinFast delivered more than 530 cars to customers per day throughout the month.

Since the beginning of 2024, VinFast has delivered over 67,000 electric vehicles in Vietnam alone, solidifying its position as the top car brand in the home market. With a strong backlog of pre-orders and a steadily increasing production plan, VinFast is confident of achieving its global delivery target for 2024.

Ms. Duong Thi Thu Trang, VinFast’s Global Deputy CEO of Sales, said: “VinFast’s sales record in November 2024 reflects the strong momentum of the green mobility transition in Vietnam, as eco-friendly transportation solutions gain widespread public support. It also highlights the trust and enthusiasm customers have for VinFast. We are truly grateful for our customers’ support and remained committed to meeting the growing demands and expectations of the market.”

In addition to the strong delivery momentum, VinFast has accelerated the expansion of the service center network to ensure customers’ maintenance and care needs are met. The Company now operates more than 120 service centers nationwide, making VinFast the leading automotive brand in Vietnam for service coverage.

To address the growing demand in both domestic and international markets, the groundbreaking ceremony of a new completely-knocked-down factory, operated by VinFast focusing on the production of the VF 3 and VF 5 models, was hosted in Ha Tinh, Vietnam. Phase 1 of the facility with a designed capacity of 300,000 vehicles per year is expected to be inaugurated in July 2025.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play EV manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, EMEA and Asia. Learn more at: https://vinfastauto.us/