Does VinFast Auto's 67% Surge Make It a Buy Now?

Further, despite its recent sales gains, the company sees that it set its goals too high and has since backed off its original 100,000 delivery estimate and trimmed it down to 80,000 EVs for 2024 -- still roughly 2.3x year-overyear growth. Another speed bump for investors is its delayed North Carolina plant, which pushes back VinFast's strategy in what it hoped to be a lucrative U.S. market. Originally, it planned to open the North Carolina plant in 2024. That was pushed back to early 2025, and just recentl ...