Core Insights - VinFast is participating in the Electrify Expo Industry Day on October 17, 2025, at Nassau Veterans Memorial Coliseum, following a successful event in Chicago [1][2] - The Industry Day will feature discussions on innovation, infrastructure, consumer adoption, and policies affecting the electric vehicle (EV) market [2] - VinFast aims to make electric mobility more accessible and will share insights on transitioning EVs into the mainstream market [3] Company Participation - VinFast will showcase its two premium electric SUVs, the VF 8 and VF 9, during both Industry Day and public festival days [5] - The VF 8 starts at $39,900 and the VF 9 at $62,900, with competitive lease rates and financing promotions available [7] - A team of VinFast experts will be present to provide information on vehicle features, sales policies, and after-sales services [8] Market Expansion - VinFast has expanded its presence in North America and Europe, with plans to enter high-potential markets such as Indonesia, the Philippines, India, and the Middle East [9] - The company is committed to adjusting its business strategies based on market analysis and macroeconomic conditions [10] - VinFast's mission is to make EVs accessible to everyone, with a diverse product lineup including electric SUVs, e-scooters, e-bikes, and e-buses [12]

Core Insights - VinFast has successfully opened its first authorized dealership in California, marking a significant step in its global strategy to expand its dealership network and commitment to American consumers [1][2][5] - The San Diego dealership will provide consumers with the opportunity to explore and test drive VinFast's electric SUVs, VF 8 and VF 9, while also offering comprehensive after-sales services [4][6] Dealership Expansion - VinFast is accelerating the development of its dealership network in the U.S., with California identified as a priority state due to its significant electric vehicle growth potential [3][5] - The company aims to fully transition to a franchise dealership model across all 50 states, having established nearly 30 authorized dealerships in 14 key states [5][6] Product Offering - The VF 8 is priced at an MSRP of $39,900 for the Eco trim and $44,900 for the Plus trim, with leasing options starting at $279/month; the VF 9 starts at $62,900 with leasing from $449/month [6] - All VinFast EV models in the U.S. come with a leading warranty of 10 years or 125,000 miles for the vehicle and a 10-year unlimited mileage warranty for the battery under non-commercial use [7] Strategic Vision - VinFast is committed to making electric vehicles more accessible and is implementing competitive sales policies in the U.S. market [6][9] - The company is also expanding its global presence into high-potential markets such as Indonesia, the Philippines, India, and the Middle East, while maintaining a diverse product range [8][10]

Core Viewpoint - VinFast Auto has shown impressive growth in vehicle sales but is facing significant challenges in expanding into the U.S. and European markets, leading to wider losses and a decline in stock price [1][2][7]. Sales Performance - In the fourth quarter, VinFast delivered 53,139 electric vehicles, a 143% increase year-over-year, with full-year deliveries reaching 97,399 units, up 192% from 2023 [1]. - Vehicle sales for the fourth quarter amounted to $634.5 million, reflecting a 77.8% increase compared to the previous year [2]. Financial Challenges - The company reported a gross loss of $536.4 million in the fourth quarter, which is a 176% increase from the prior year and a 341.3% increase from the third quarter of 2024 [2]. U.S. Expansion Strategy - VinFast is shifting its strategy in the U.S. by closing direct-to-consumer showrooms in California and relying on a growing dealership franchise network, which currently has 38 dealers in 16 states [3]. - The company is facing challenges as a relatively unknown brand, with only 367 vehicle registrations in the first two months of the year, an 18% decline from the same period last year [5]. Tariff Implications - Recent tariffs on imported vehicles are expected to expand to vehicle parts, complicating the company's import strategy for models like the VF 8 and VF 9 [4]. - The decision to suspend plans for a U.S. factory further complicates VinFast's expansion efforts [4]. European Market Strategy - In Europe, VinFast has launched the VF 6 to complement the VF 8, but it faces an uphill battle with only 12 self-operated showrooms and two dealer stores as of March 31 [6]. Investment Considerations - The 20% decline in share price may attract some investors, but the company remains largely unproven outside its home market, with increased costs and complications due to tariffs [7]. - If VinFast can establish itself as a recognized EV brand in the U.S. and Europe, it could reward investors, but this remains uncertain [8].