Vietnam: VinFast shatters domestic EV sales record in 2025
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Vietnamese automaker VinFast has set a new domestic sales record for electric vehicles (EVs) in 2025, selling 175,099 units, nearly double the previous record. The VF 3 micro-SUV was the best-seller with 44,585 units, followed closely by the VF 5 small SUV. VinFast's growth is attributed to its diverse EV lineup and commitment to quality. The company anticipates over 100% growth in global sales, projecting nearly 200,000 deliveries in 2025. VinFast has also expanded production with new factories in Vietnam, India, and Indonesia, although it is currently operating below capacity.
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