Few electric vehicle (EV) start-ups are as intriguing as VinFast Auto (NASDAQ: VFS), which is trying to disrupt the EV market all the way from Vietnam. It's tough enough to break into the EV industry from the U.S., and to do it from the outside seems even more daunting. But VinFast has a few things going ...
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Shares of Vietnamese carmaker VinFast Auto (NASDAQ: VFS) skidded 6.5% through 1:55 p.m. ET Monday on bad news out of India. As The Hindu BusinessLine reported Sunday evening, a plan to have VinFast build a $2 billion car plant in Tamil Nadu, in southern India, is falling apart because of "confusion" ...
motleyfoolusx:vfs
Shares of VinFast Auto (NASDAQ: VFS) slumped as much as 30% this week, according to data from S&P Global Market Intelligence. The Vietnam-based electric vehicle (EV) manufacturer reported poor growth and earnings for the first quarter of 2024, causing investors to sell off the stock. As of this writing, ...
motleyfoolusx:vfs
When VinFast Auto (NASDAQ: VFS) reported its first-quarter financial update this week, it had a mixed report for investors. The Vietnamese electric vehicle (EV) manufacturer reaffirmed that it expects to produce 100,000 EVs this year. But its first-quarter vehicle production and revenue were still a ...
motleyfoolusx:vfs
Shares of VinFast Auto (NASDAQ: VFS), the Vietnamese vehicle maker that went public in a merger with a special purpose acquisition company (SPAC) last summer, tumbled 11.5% through 11 a.m. ET Wednesday after reporting big misses on both sales and earnings for its first fiscal quarter of 2024. Heading ...
motleyfoolusx:vfs
In the still-developing electric vehicle (EV) industry, what happens to its leading company tends to affect every other manufacturer and supplier. That's why some troubling news from the No. 1 EV maker almost immediately filtered down into the rest of the sector Monday, impacting the prices of fellow ...
motleyfoolusx:tslausx:qsusx:freyusx:vfs
If you feel that the world doesn't need another electric vehicle (EV) maker, you're certainly not alone in that sentiment. Yet, the world is a big place, and there may be room for Vietnam-headquartered EV manufacturer VinFast Auto (NASDAQ: VFS) to grow over the next decade. Granted, no crystal ball can ...
motleyfoolusx:vfs
Shares of Chinese electric vehicle (EV) stocks Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV), as well as Vietnamese EV maker VinFast (NASDAQ: VFS), plunged in March, down 34%, 18.6%, and 16.8%, respectively, according to data from S&P Global Market Intelligence. Expectations may have been high for this ...
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