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Sparks commentary - VinFast Auto

Industrials

Sparks - VinFast Auto

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VinFast Auto (NASDAQ: VFS): Continued delivery momentum in Q226
Published by Harry Kilby

VinFast Auto (NASDAQ: VFS)  reported continued strong delivery momentum in Q226, with preliminary global electric vehicle (EV) deliveries reaching 70,085 units, up 96% y-o-y, taking H126 deliveries to 128,662 units, up 78% y-o-y. Growth was led by Limo Green and VF 3, which remained the key volume contributors, while the two-wheel segment also accelerated sharply, with 286,039 e-scooters and e-bikes delivered in Q2, up 311% y-o-y, taking H126 two-wheel deliveries to 429,175 units, up 275% y-o-y. The update reinforces VinFast’s domestic electric mobility leadership, though Q2 financial results remain pending as the company finalises its accounts following the VFTP divestment and shifts towards a more asset-light Vietnam model.

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