VinFast Surpasses 175,000 EV Deliveries in 2025, Solidifies Global Expansion

• January 15, 2026

Vietnamese automaker VinFast has reached a significant milestone with 175,099 electric vehicles delivered in 2025, demonstrating rapid growth that positions the company as a global competitor outside its home market.

This achievement reflects substantial progress from previous years, fueled by aggressive international expansion into North America, Europe, and Southeast Asia. The company’s vertically integrated approach – encompassing battery production and gigafactories – enables cost efficiencies, while competitive pricing attracts first-time EV buyers.

North American Expansion Accelerates Growth

VinFast’s U.S. and Canadian market entries proved crucial, with its VF8 and VF9 SUVs gaining popularity among budget-conscious consumers seeking premium features below Tesla’s price points. Strategic retail locations and leasing incentives drove adoption across key states.

2025 Major Developments:

• Over 10,000 U.S. deliveries in Q4 alone
• European expansion into Germany, France, and Netherlands
• Market entry in India targeting mid-size SUV buyers
• Strengthened position in Southeast Asia through new dealerships

Enhanced Product Portfolio

VinFast refreshed its vehicle lineup:

• VF3 mini-SUV priced competitively at $12,000 for emerging markets
• VF6/VF7 crossovers challenging established EV models
• VF8 updates addressing range and comfort feedback
• VF9 luxury model competing in premium segments

The company’s battery subscription model reduces buyer risk, while Vietnam-based production expands toward 300,000 units annually.

Manufacturing Advantages

VinFast leverages parent company Vingroup’s industrial expertise:

• 300 GWh battery plants under development globally
• 25% cost reduction through in-house components
• VinFast Plus subscription service bundling ownership benefits

A planned North Carolina factory aims to produce 150,000 vehicles annually by 2028, eliminating import tariffs.

Market Positioning

VinFast differentiates itself:

The company forecasts 400,000+ deliveries for 2026 through U.S. production scaling, Indian market entry, and expansion of its budget VF3 model.

With American-made vehicles commencing production and Southeast Asian operations accelerating, VinFast’s 2025 delivery figures represent a foundation for broader global ambitions.