VinFast Targets Break Even in 2027 with 300,000 Deliveries
Vingroup chairman announced Wednesday that electric vehicle maker VinFast expects to break even by 2027. The company aims to deliver 300,000 units this year.
The chairman of VINGROUP JSC has announced that the company's electric vehicle subsidiary, VINFAST AUTO LTD, is expected to reach its financial break-even point by 2027. Speaking in Hanoi, Vietnam, the leadership reinforced the company's long-term fiscal targets following earlier reports regarding the unit's financial outlook. According to internal documents from the parent conglomerate, VinFast is targeting the delivery of 300,000 electric vehicles within the current year. This goal highlights the firm's aggressive expansion strategy as it seeks to increase its market share in the global electric vehicle sector. The chairman's projection provides a clearer timeline for the unit's path to profitability, which has been a point of significant interest for investors and industry analysts as the company continues its international rollout.
