SUNNY ISLES BEACH, FL / ACCESS Newswire / March 25, 2026 / "First and foremost, we thank the Almighty God for this extraordinary opportunity to help lead a paradigm shift in electric mobility - transforming how the world recharges electric vehicles from hours into mere minutes," said Shlomo Bleier, CEO of Elektros Inc. "What we are introducing is not just an improvement - it is a leap forward that has the potential to redefine efficiency, scalability, and the economics of EV infrastructure worldwide." Elekt ...

VinFast's latest earnings call showed not just record deliveries, but a clearer focus on lowering production costs and scaling manufacturing more deliberately, moves that could help reinforce its long-term presence in markets like Canada. VinFast Earnings Call Highlights Disciplined Outlook, Supporting Staying Power in Canada VinFast Earnings Call Highlights Disciplined Outlook, Supporting Staying Power in Canada Share MARKHAM, Ontario--(BUSINESS WIRE)--For every surviving automaker to date, there is usuall ...

Core Insights - VinFast reported a significant increase in revenue and vehicle deliveries in 2025, with revenue reaching VND90.42 trillion ($3.59 billion), a 105.4% increase from 2024 [1] - The company delivered 196,919 electric vehicles (EVs) globally, marking a 102% year-on-year increase, surpassing its target of doubling 2024 deliveries [1] Financial Performance - VinFast posted a full-year operating loss of VND71.60 trillion, widening from VND55.39 trillion the previous year [2] - The net loss increased to VND97.24 trillion from VND77.35 trillion, with VND97.04 trillion attributable to the controlling interest [2] - In Q4, revenue reached VND39.41 trillion, a 138.9% increase year-on-year and a 117.7% increase compared to the previous quarter [2] Vehicle Deliveries and Operations - In Q4, vehicle deliveries totaled 86,557 units, up 127% from the previous quarter and 63% year-on-year [3] - As of December 31, 2025, VinFast operated 424 showrooms worldwide [3] Product Expansion - The company expanded its product portfolio across three brands: VF for mid- to high-end EVs, Green for commercial offerings, and Lac Hong for ultra-luxury models [3] - New launches included the Limo Green for fleet operators and the VF MPV 7, with production of next-generation VF 6 and VF 7 models scheduled to begin in the second half of 2026 [4] Manufacturing Capacity - VinFast increased its manufacturing capacity with new facilities in Ha Tinh, Vietnam, Tamil Nadu, India, and Subang, Indonesia, operating four EV production sites with a combined annual capacity of around 600,000 units by the end of the year [4] - The company plans to resume construction of its North Carolina manufacturing facility in 2026, with production expected to start in 2028 [6] Strategic Outlook - VinFast aims to continue expanding production capacity for EVs and e-scooters in Vietnam while exploring further development phases in India and Indonesia to establish these locations as export hubs [5]

Financial Data and Key Metrics Changes - In Q4 2025, total sales volume was 172,000 units, a 23.8% year-over-year decline [4][30] - Total revenue for the year reached RMB 4.31 billion, up 31% year-over-year [8][33] - Gross margin for the full year was 19.6%, an increase of 4.4 percentage points year-over-year [37] Business Line Data and Key Metrics Changes - In China, sales volume was 158,782 units, down 12% year-over-year, while international sales were close to 14,000 units, down 68% year-over-year [5][30] - For the full year, total sales volume reached 1.19 million units, a robust 29% year-over-year increase, with China sales surging 46% to surpass 1.11 million units [7][8] - The electric motorcycle segment represented more than 23% of total annual sales, driven by the success of the FX Windstorm model [10][11] Market Data and Key Metrics Changes - The overseas sales totaled 80,000 units for the full year, reflecting a 51% decline due to channel restructuring [8][25] - In Q4, international electric motorcycle sales surged to over 2,000 units, a 187% year-over-year increase [24] - The company activated over 100,000 scooters in the consumer market, indicating robust consumer demand [26] Company Strategy and Development Direction - The company is focusing on strategic transformation, including a shift to direct-to-retailer partnerships in key markets [4][6] - Plans for 2026 include scaling leadership in the electric motorcycle segment and launching tailored offerings for female riders and technology enthusiasts [13][27] - The company aims to prioritize long-term profitability over short-term volume in the micromobility segment [25][29] Management's Comments on Operating Environment and Future Outlook - Management anticipates a pronounced recovery in consumer demand as regulatory frameworks stabilize [27] - The company expects total sales volume for 2026 to reach between 1.67 million to 1.91 million units [29][43] - Management is confident in handling cost increases associated with new national standards through price adjustments and cost reduction initiatives [49][50] Other Important Information - The company has expanded its retail footprint to over 4,500 locations, with a focus on lower-tier cities [22] - The digital ecosystem has shown strong performance, with total online sales reaching approximately 500,000 units [22][23] - The company plans to unveil an AI-enabled smart scooter at an upcoming product launch event [18] Q&A Session Summary Question: Current inventory situation for kick scooters in overseas markets and outlook for 2026 - The company reported around CNY 650 million in total inventory, with over 50% being aged kick scooters. The focus for 2026 will be on improving inventory turnover rather than introducing new models [47][48] Question: Potential cost increase due to new national standards for e-scooters - Management acknowledged that there will be cost increases but plans to adjust retail prices and implement cost reduction initiatives to manage these increases effectively [49][50]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $1.6 billion, up 118% quarter-over-quarter and 139% year-over-year. Full-year revenue was $3.6 billion, an increase of 105% year-over-year [22][23] - Gross margin improved to -40% in Q4 2025 from -79% in Q4 2024, and for the full year, it improved to -43% from -57% in 2024 [22][23] - Net loss for Q4 was -$1.4 billion, with a net loss margin improving to -89% compared to -186% a year ago. Full-year net loss margin was -108%, an improvement from -176% in 2024 [28][29] Business Line Data and Key Metrics Changes - VinFast delivered 196,919 EVs for the full year, exceeding guidance to at least double the number of EVs delivered in 2024. Q4 alone saw a record delivery of 86,557 EVs [5][6] - The two-wheeler segment saw full-year deliveries grow 5.7 times to 406,496 units, with expectations for 2026 to reach at least 2.5 times last year's volume [6][7] Market Data and Key Metrics Changes - In Vietnam, VinFast maintained a 36% market share, up from 22% in 2024, with VF3 and VF5 accounting for 51% of domestic volume [8] - International markets accounted for 18% of Q4 deliveries and 11% of total deliveries for the full year 2025, with significant growth in India, Indonesia, and the Philippines [8][9] Company Strategy and Development Direction - VinFast aims to be a vertically integrated software-defined EV platform, focusing on scale and unit cost optimization as primary levels in the path to profitability [4][5] - The company plans to expand its manufacturing capacity and dealer network across Asia, Europe, and North America, with a focus on introducing new models in international markets [6][11] Management's Comments on Operating Environment and Future Outlook - Management noted that higher oil prices could accelerate EV adoption, reinforcing the long-term value proposition of EVs [42][44] - The company remains committed to the U.S. market despite current demand challenges, with plans to resume construction of the North Carolina factory in 2026 [45][46] Other Important Information - CapEx for Q4 was $304 million, with total CapEx for 2025 at $922 million, primarily for overseas factories and expansion in Vietnam [30] - The company has a total liquidity of $3.1 billion as of December 31, 2025, reflecting cash and funding commitments [31] Q&A Session Summary Question: Interest in launching a hybrid vehicle - Management confirmed plans for the VF 8 REEV to launch in Vietnam starting 2027, viewing it as a practical interim solution to expand EV accessibility [38] Question: Drivers behind narrowing gross profit loss - Improvement is driven by BOM optimization, production scale, and supplier pricing, with expectations for sustainable improvements [39] Question: Impact of higher oil prices on EV adoption - Higher oil prices are expected to reinforce the long-term value of EVs, with management focusing on cost competitiveness and product availability [42] Question: Update on North Carolina factory and impairment charge - Management reiterated commitment to the U.S. market, with the North Carolina factory construction expected to resume in 2026 [45] Question: CapEx plans for 2026 - Expected CapEx for 2026 is around $1 billion, focusing on building out manufacturing capabilities [48] Question: Timeline for VF7 in North America - Production of VF7 is targeted to start by the end of the month, with plans to bring it to the U.S. by the end of the year [51] Question: Expected cash usage for the year - Expected cash spending for CapEx is around $1.6 billion, with R&D spending around $1.4 billion [61]

Q4'25 Earnings Report 16 March 2026 4 Q 2 0 2 5 E A R N I N G S R E P O R T 2 Making Electric Mobility Accessible to Everyone | | BUILDING THE FOUNDATION | | | | | | STRATEGIC INVESTMENTS | | --- | --- | --- | --- | --- | --- | --- | --- | | 2017-2023 | | 2024-2025 | | 2026 | | | | | Established our brand and industrial | | Became the #1 mobility brand in Vietnam by vehicle sales | | | 1• | Expand overseas capacity | | | foundation, with the firm belief that electrification is the future of mobility | | | | ...

Core Insights - The 2026 Changan Global Testing Season showcased the all-electric CHANGAN DEEPAL S05 AWD in Europe, emphasizing its performance in winter conditions [1][4] - The event featured participation from notable figures, including Olympic gold medalist Deborah Compagnoni, who highlighted the vehicle's confidence-inspiring capabilities on challenging terrains [2] - The testing aimed to validate the vehicle's safety and control features, ensuring consistent performance across various global markets [8] Performance Features - The CHANGAN DEEPAL S05 AWD demonstrated advanced capabilities with intelligent all-wheel drive (AWD) and advanced driver-assistance systems (ADAS), ensuring safety and control on winter roads [4][6] - The vehicle's intelligent AWD system delivers up to 320 kW of power and 502 Nm of torque, achieving 0–100 km/h acceleration in 5.5 seconds, with a hill climbing capability of 40% gradient [7] - Different driving modes, including ECO, COMFORT, SPORT, and SNOW, allow for optimized performance in various conditions, enhancing traction and stability [6][7] Testing Environment - The testing environments, including Yakeshi and the Alps, were selected to verify specific performance attributes such as safety technologies and chassis response in low-grip scenarios [8] - The objective of the testing season is to confirm that the safety, control, and stability demonstrated in extreme conditions will be replicated in diverse markets like Mexico, Thailand, and Saudi Arabia [8]

Core Insights - Elektros, Inc. has initiated strategic dialogues with major electric vehicle manufacturers regarding its patented multi-port charging technology, which aims to enhance the efficiency and speed of electric vehicle charging systems [1][1][1] Company Overview - Elektros, Inc. focuses on developing innovative technologies to accelerate the global transition toward electric mobility, aiming to improve the efficiency, convenience, and accessibility of electric vehicle charging worldwide [1][1][1] Technology Details - The patented system, titled "Multi-Port Charging Assembly for Electric Vehicles" (U.S. Patent No. 12,522,100 B1), allows multiple charging power sources to be combined into a single interface, potentially improving charging efficiency compared to conventional single-port systems [1][1][1] - The technology could significantly reduce charging times, which currently range from 30 to 40 minutes for many fast-charging systems, by enabling simultaneous operation of multiple charging sources [1][1][1] Commercialization Strategy - Elektros has begun discussions with leading electric vehicle manufacturers and EV technology companies to explore licensing opportunities for its patented system, marking the first phase of a broader industry engagement initiative [1][1][1] - The company plans to expand outreach to additional electric vehicle companies, automotive technology leaders, and EV infrastructure providers to present the advantages of its multi-port charging architecture [1][1][1]

Core Viewpoint - VivoPower International PLC has shifted its focus from digital assets and legacy solar development to sovereign AI data centers, which are considered national-interest infrastructure designed to house the intelligence of sovereign nations [1][3] Strategic Focus - The company aims to become a trusted partner for governments, wealth funds, and influential families, leveraging these relationships to gain access to sites, scale, and regulatory insulation that competitors cannot easily replicate [1][3] - VivoPower's strategy is to deliver land and infrastructure specifically designed for AI data center use cases, targeting three core regions: the Nordics (Finland and Norway), the GCC (UAE and Saudi Arabia), and Asia (initially South Korea and Malaysia) [4] Business Model - VivoPower focuses on the "bricks and mortar" end of the value chain by acquiring land, developing it, and building powered shells that are leased to operators such as hyperscalers and government bodies [5][6] - The company does not operate the facilities itself but leases them out on long-term rental deals, allowing tenants to operate securely without the burden of building and maintaining the facilities [7] AI Infrastructure Strategy - VivoPower's approach is characterized as an AI infrastructure strategy rather than a pure-play AI investment, focusing on land and infrastructure for AI use cases rather than selecting winners in AI technology [8] - Strategic partnerships with sovereign nations provide VivoPower with a competitive edge in the AI compute market, exemplified by a 25-megawatt facility in the UAE with expansion capacity [9] Funding Strategy - VivoPower aims to avoid shareholder dilution while funding capital-intensive projects, demonstrating discipline in recent strategic PIPE raisings at a premium to market [13] - The company is exploring asset-backed construction debt to fund up to 100% of AI center development, with strong market appetite from hyperscalers for powered land [14][15] Future Outlook - The convergence of electric and autonomous vehicles with AI data centers is expected to create significant demand for AI compute capacity, particularly in sectors like mobility [17][18] - VivoPower is at an inflection point with key work streams coming to fruition, including the Tembo spin-off IPO and the build-out of its AI data center portfolio, which is anticipated to be valued in line with comparable assets over time [20]

Core Insights - ChargePoint Holdings, Inc. (CHPT) is navigating growth initiatives alongside operational challenges, with a focus on network expansion, subscription growth, and partnerships while managing profitability pressures and cash usage trends [1] Financial Performance - For the fourth quarter of fiscal 2026, ChargePoint reported a loss of 54 cents per share, an improvement from a loss of $1.2 in the same quarter last year, with total revenues increasing by 7.3% year over year to $109.32 million [2][9] Growth Drivers - ChargePoint's expanding charging ecosystem is enhancing its long-term growth outlook, with approximately 385,000 managed charging ports, including over 41,000 DC fast chargers, and a strong European presence of more than 130,000 ports [3][4] - The company has about 1.37 million public and private charging locations globally, improving availability and convenience for electric vehicle users [4] - Strategic partnerships, such as those with Ford Pro and RAW Charging, are extending the reach of ChargePoint's solutions, enhancing its ecosystem [5] Platform Engagement - ChargePoint recorded approximately 1.48 million monthly active users at the end of fiscal 2026, reflecting an 8% year-over-year increase, with over 100,000 AC charging ports showing more than 30% utilization for at least one day per month [6] - Subscription revenues accounted for roughly 39% of total revenues, with a subscription gross margin of about 64% in the fourth quarter [6] Operational Improvements - The company is focusing on enhancing network performance and reliability through stronger cost controls and improved supply-chain execution, resulting in a significant reduction in stations down monitored by the Network Operations Center [7] Profitability and Liquidity Challenges - ChargePoint reported a non-GAAP adjusted EBITDA loss of about $18 million in the fourth quarter, indicating ongoing profitability challenges despite operational efficiency initiatives [8] - The company ended the quarter with approximately $215 million in inventory and $142 million in cash, with net cash usage narrowing to $43 million from $133 million in the prior year [9][11] Seasonal Performance - ChargePoint anticipates first-quarter fiscal 2027 revenues in the range of $90-$100 million, reflecting typical seasonal softness following a strong fourth quarter, which may lead to uneven quarterly performance [12] Conclusion - ChargePoint is expanding its charging ecosystem through network growth, partnerships, and rising platform adoption, supporting long-term prospects, but faces ongoing profitability challenges, liquidity pressures, and seasonal demand fluctuations that may impact near-term financial performance [13]