VinFast Reports 127% Increase in March EV Deliveries
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2026
0mins
Source: seekingalpha
- Domestic Delivery Surge: VinFast's domestic EV deliveries reached 27,609 units in March, marking a 127% increase, which not only solidifies its leadership in the Vietnamese market but also highlights strong consumer demand for electric vehicles.
- Quarterly Delivery Performance: The total deliveries for the first quarter amounted to 53,684 units, indicating sustained growth in the EV market for VinFast, particularly with the Limo Green and VF 3 models delivering 12,471 and 10,188 units respectively, becoming the top sellers.
- Diverse Product Line: The best-selling models in March included the Limo Green (6,795 units) and VF 3 (4,729 units), while the VF 5 and its derivative, the Herio Green, accounted for a combined 4,218 units, showcasing VinFast's strong performance across various market segments.
- Ongoing Market Demand: The first quarter also saw deliveries of 6,679 VF 6, 3,809 Minio Green, and 3,686 VF MPV 7 vehicles, reflecting VinFast's continued appeal and growing market demand for its expanding EV lineup.
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Analyst Views on VFS
Wall Street analysts forecast VFS stock price to rise
4 Analyst Rating
3 Buy
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Strong Buy
Current: 3.330
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Current: 3.330
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About VFS
VinFast Auto Ltd is a full-scale mobility platform focused on designing and manufacturing electric vehicles (EVs), e-scooters and e-buses. Its segments include Car, E-scooter and Ebus. The Car segment includes the design, development, manufacturing and sales of cars and related battery lease and battery charging services for cars. The E-scooter segment includes the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging services for e-scooters. The Ebus segment includes the design, development, manufacturing and sales of Ebus. Its EV models include the VF 3, VF e34, VF 8, VF 9, VF 5, VF 6, VF 7, the Green series, which includes Minio Green, Herio Green, Nerio Green, Limo Green, and VF Wild. It offers two trims of the VF 8 model in North America, Europe, Vietnam and the Middle East, the Eco and Plus. The Eco trim offers a longer driving range. The Plus trim offers high horsepower and luxury features, including a power-assisted tailgate.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Collaboration Announcement: On June 1, VinFast, Autobrains, and NVIDIA announced a partnership to develop a Level 4 autonomous driving program tailored for Southeast Asia's complex traffic, leveraging the NVIDIA DRIVE Hyperion 10 platform and Autobrains' 'Agentic AI' to enhance driving task efficiency.
- Technological Breakthrough: The initiative aims to address persistent industry challenges such as high compute costs, excessive complexity, and brittle performance by employing a modular architecture and Agentic AI, thereby enabling advanced autonomous capabilities to be deployed more cost-effectively in the region.
- Strategic Market Focus: For VinFast, this program is central to its strategy of making smart electric vehicle technologies more accessible and scalable, ensuring reliable autonomous performance in dynamic urban settings while maintaining a cost-efficient market entry path.
- E-Mobility Ecosystem: VinFast designs and manufactures electric vehicles, including e-scooters and e-buses, and is committed to building an e-mobility ecosystem centered around customers, community, and connectivity, facilitating the rollout of new vehicle models.
See More
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- Safety Assurance: Equipped with advanced driver assistance systems, the VF 9 enhances driving confidence, especially on busy highways, ensuring the safety of family members and meeting high consumer demands for safety.
- Cost-Effective Electric SUV: Compared to traditional gasoline SUVs, the VF 9's electric drive system not only delivers up to 402 horsepower but also significantly reduces fuel and maintenance costs, helping families alleviate financial pressures in a high-cost living environment.
- Exceptional Warranty Service: VinFast's 10-year or 200,000-kilometer warranty enhances consumer confidence, making the VF 9 more competitive among similar models and attracting more Canadian families to consider electric mobility.
See More
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- Innovative Architecture: The collaboration employs a modular architecture that integrates vehicle systems, high-performance computing, and Autobrains' Agentic AI software, addressing challenges such as system complexity and cost, thereby enhancing the scalability of autonomous driving solutions.
- Market-Driven Development: VinFast's Deputy CEO Duong Nguyen emphasized that advanced mobility should not be a luxury, and this partnership will enable the company to launch autonomous driving solutions at a competitive cost, catering to the demands of Southeast Asia's complex traffic environments.
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See More
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- Strategic Collaboration: VinFast and Autobrains announced a partnership at COMPUTEX 2026 to develop a next-generation level 4 autonomous driving platform for Southeast Asia based on NVIDIA DRIVE Hyperion, marking a significant step in VinFast's efforts to reduce the cost of advanced autonomous driving technology.
- Technological Innovation: The project utilizes Autobrains' Agentic AI software in conjunction with NVIDIA's high-performance computing platform to tackle system complexity and compute costs in Southeast Asia's complex traffic environments, thereby facilitating broader implementation of autonomous driving solutions.
- Market Potential: VinFast's Deputy CEO emphasized that advanced mobility should not be a luxury, and this collaboration will enable the company to bring advanced autonomous capabilities to market without incurring high costs, addressing the growing consumer demand for such technologies.
- Global Expansion: VinFast is expanding its distribution and dealership network globally while continuously enhancing product quality and user experience through partnerships with leading international companies, supporting its growth in key markets across North America, Europe, and Asia.
See More
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- Rich Leadership Experience: Pham Nhat Quan Anh, currently Vice Chairman and Standing Deputy General Director at VinFast, has extensive multi-industry management experience and has been instrumental in the company's transition from a domestic market focus to a global strategy since joining in 2019.
- Strategic Focus: The new chairman emphasized a commitment to executing long-term strategic priorities, advancing innovation, and enhancing global operations and customer experience, reflecting VinFast's confidence in future growth prospects.
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See More
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- After-sales Service Strategy: VinFast aims to establish over 1,100 service points globally by 2026 and has signed Memoranda of Understanding with 29 international aftersales partners, strengthening its global expansion strategy and enhancing consumer confidence.
See More
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- Collaboration Announcement: On June 1, VinFast, Autobrains, and NVIDIA announced a partnership to develop a Level 4 autonomous driving program tailored for Southeast Asia's complex traffic, leveraging the NVIDIA DRIVE Hyperion 10 platform and Autobrains' 'Agentic AI' to enhance driving task efficiency.
- Technological Breakthrough: The initiative aims to address persistent industry challenges such as high compute costs, excessive complexity, and brittle performance by employing a modular architecture and Agentic AI, thereby enabling advanced autonomous capabilities to be deployed more cost-effectively in the region.
- Strategic Market Focus: For VinFast, this program is central to its strategy of making smart electric vehicle technologies more accessible and scalable, ensuring reliable autonomous performance in dynamic urban settings while maintaining a cost-efficient market entry path.
- E-Mobility Ecosystem: VinFast designs and manufactures electric vehicles, including e-scooters and e-buses, and is committed to building an e-mobility ecosystem centered around customers, community, and connectivity, facilitating the rollout of new vehicle models.
See More
VinFast VF 9 Emerges as a Top Choice for Canadian Families
- Family Travel Choice: The VinFast VF 9, with its 3,149 mm wheelbase and three-row seating layout, has become an ideal choice for Canadian families, particularly for parents like Michael Chen, providing ample space and comfort for long journeys.
- Safety Assurance: Equipped with advanced driver assistance systems, the VF 9 enhances driving confidence, especially on busy highways, ensuring the safety of family members and meeting high consumer demands for safety.
- Cost-Effective Electric SUV: Compared to traditional gasoline SUVs, the VF 9's electric drive system not only delivers up to 402 horsepower but also significantly reduces fuel and maintenance costs, helping families alleviate financial pressures in a high-cost living environment.
- Exceptional Warranty Service: VinFast's 10-year or 200,000-kilometer warranty enhances consumer confidence, making the VF 9 more competitive among similar models and attracting more Canadian families to consider electric mobility.
See More
VinFast Partners with Autobrains to Advance Autonomous Driving
- Strategic Collaboration: VinFast and Autobrains announced a partnership at COMPUTEX 2026 to develop a next-generation level 4 autonomous driving platform for Southeast Asia based on NVIDIA DRIVE Hyperion, marking a significant step in making advanced autonomous technology more accessible.
- Innovative Architecture: The collaboration employs a modular architecture that integrates vehicle systems, high-performance computing, and Autobrains' Agentic AI software, addressing challenges such as system complexity and cost, thereby enhancing the scalability of autonomous driving solutions.
- Market-Driven Development: VinFast's Deputy CEO Duong Nguyen emphasized that advanced mobility should not be a luxury, and this partnership will enable the company to launch autonomous driving solutions at a competitive cost, catering to the demands of Southeast Asia's complex traffic environments.
- Global Expansion Strategy: VinFast is expanding its distribution and dealership network globally while continuously enhancing product quality and user experience through partnerships with leading international companies, further solidifying its position in the electric vehicle market.
See More
VinFast Partners with Autobrains to Advance Autonomous Driving
- Strategic Collaboration: VinFast and Autobrains announced a partnership at COMPUTEX 2026 to develop a next-generation level 4 autonomous driving platform for Southeast Asia based on NVIDIA DRIVE Hyperion, marking a significant step in VinFast's efforts to reduce the cost of advanced autonomous driving technology.
- Technological Innovation: The project utilizes Autobrains' Agentic AI software in conjunction with NVIDIA's high-performance computing platform to tackle system complexity and compute costs in Southeast Asia's complex traffic environments, thereby facilitating broader implementation of autonomous driving solutions.
- Market Potential: VinFast's Deputy CEO emphasized that advanced mobility should not be a luxury, and this collaboration will enable the company to bring advanced autonomous capabilities to market without incurring high costs, addressing the growing consumer demand for such technologies.
- Global Expansion: VinFast is expanding its distribution and dealership network globally while continuously enhancing product quality and user experience through partnerships with leading international companies, supporting its growth in key markets across North America, Europe, and Asia.
See More
VinFast Appoints Pham Nhat Quan Anh as Chairman of the Board
- New Board Chairman: VinFast appointed Pham Nhat Quan Anh as Chairman of the Board effective May 23, 2026, replacing Le Thi Thu Thuy, aiming to support the company's global expansion strategy and establish a foundation for sustainable growth.
- Rich Leadership Experience: Pham Nhat Quan Anh, currently Vice Chairman and Standing Deputy General Director at VinFast, has extensive multi-industry management experience and has been instrumental in the company's transition from a domestic market focus to a global strategy since joining in 2019.
- Strategic Focus: The new chairman emphasized a commitment to executing long-term strategic priorities, advancing innovation, and enhancing global operations and customer experience, reflecting VinFast's confidence in future growth prospects.
- Former Role Transition: Le Thi Thu Thuy will continue as Vice Chairwoman of Vingroup, focusing on key strategic priorities, ensuring alignment in VinFast's global expansion efforts.
See More
VinFast VF 8 Electric SUV Shines in Canada
- Significant Price Advantage: The VF 8 electric SUV qualifies for up to $18,000 in federal and provincial incentives in Canada, bringing its starting price down to approximately $35,070, which is lower than the average used vehicle price of $37,700, greatly enhancing its market competitiveness.
- Space and Comfort: With a wheelbase of 2,950 mm, the VF 8 offers spacious interior dimensions, significantly improving comfort for rear passengers during long trips, thereby increasing its appeal to family users.
- Power and Performance: The Eco version of the VF 8 features 349 horsepower with a range of up to 412 kilometers, while the Plus version boosts output to 402 horsepower and a range of 378 kilometers, meeting daily commuting and winter driving needs, showcasing its practicality.
- After-sales Service Strategy: VinFast aims to establish over 1,100 service points globally by 2026 and has signed Memoranda of Understanding with 29 international aftersales partners, strengthening its global expansion strategy and enhancing consumer confidence.
See More
