(Dan Tri) – Although the auto market faces many difficulties, VinFast still recorded growth when it transformed into a completely electric car company.
According to VinFast’s announcement, this brand delivered a total of 13,513 electric cars in the last quarter of 2023, a growth of 35% compared to the previous quarter.
VF 7 is a car model that has been introduced and is expected to be delivered to customers in 2024 (Photo: Gia An).
Compared to the total number of cars, including gasoline and electric cars, sold in 2022, VinFast’s 2023 car sales also achieved growth of up to 45%.
In 2022, VinFast focuses on selling electric vehicles in Vietnam, with key products being VF e34 and VF 8. In 2023, the brand expands to the international market and although initial results are still modest, it has contributed
However, the company also believes that the gloomy general market is a challenge.
`We have increased the number of vehicles delivered in the fourth quarter compared to previous quarters. However, in the context of a global economic situation that has not improved, the conversion to electric vehicles in some areas is still slower than expected.
The majority of VinFast car sales come from Vietnam
According to VinFast’s announcement, the company has exported a batch of 1,879 cars to the US and Canadian markets in 2023. At the end of 2022, a batch of 999 VF 8 cars was also made, marking the first time the `Made` electric car line
Thus, counting the total of these two vehicle deliveries, VinFast has only exported 2,878 vehicles to North America, accounting for only about 7% of the total number of electric vehicles sold to date.
Based on the above figure, VinFast electric car sales have increased beyond BMI Research’s forecast when this research unit stated that the number of pure electric cars in 2023 in Vietnam is expected to reach 17,000 units.
Where is VinFast compared to Hyundai, Toyota, Kia?
The brand selling the most cars in Vietnam in 2023 is Hyundai with 57,683 cars, according to TC Motor’s report.
If we take the estimated number of about 32,000 cars, or add 34,855 cars sold abroad, VinFast is ranked 6th. The next two rankings belong to Mitsubishi with 30,894 cars and Honda with 23,802 cars, respectively.
Among the brands mentioned above, VinFast and Ford recorded increased sales in 2023 compared to 2022. Hyundai, Toyota, Kia, Mitsubishi, and Honda all sold fewer cars than last year.