Business Wire·Mar 23, 2026, 6:00 AM ET

VinFast Earnings Call Highlights Disciplined Outlook, Supporting Staying Power in Canada

VinFast delivered nearly 197,000 electric vehicles globally in 2025, more than doubling its 2024 total, with Q4 alone accounting for over 86,000 units.
Annual revenue more than doubled year-over-year to approximately US$3.6 billion.
Overseas deliveries reached 18% of the total in Q4, with new market traction in India, Indonesia, & the Philippines.
Total installed production capacity increased to around 600,000 vehicles annually following new facilities in India & Indonesia.
The product lineup is now structured into three segments: the VF lineup for passenger vehicles, the Green brand for commercial use, & the Lac Hong brand for ultra-luxury applications.
VinFast is shifting focus to unit cost optimization & operational refinement for 2026, targeting at least 300,000 EV deliveries.
Next-generation platforms reduce component counts & enable parts sharing across models to lower material costs.
New electrical architectures consolidate control units & simplify wiring to reduce assembly complexity.
Increased automation via Vingroup ecosystem partnerships, particularly with VinRobotics, aims to improve quality consistency & reduce manual intervention.
These operational improvements aim to reinforce VinFast's long-term presence in markets like Canada by demonstrating sustained production capacity & cost management.