
A VF 5 model on display at an event hosted by VinFast in late 2023. Photo by VnExpress/Thanh Nhan
VinFast’s electric vehicle sales were the second highest in Southeast Asia in the first quarter of 2024, trailing only those of China’s BYD.
EV sales in the region more than doubled in the January to March quarter from a year before, according to the research firm Counterpoint Research. Sales of ICE cars, meanwhile, slid by 7%.
“Vietnam saw an even more impressive growth, with BEV (battery electric vehicle) sales increasing by more than…