Vietnamese EV maker VinFast is expected to break even in 2027, Vingroup said. The company is targeting 300,000 vehicle deliveries this year, largely from domestic sales. VinFast also signaled it will not pivot back to petrol cars, reinforcing its commitment to an all-electric future even as it ramps up production and volumes.
VinFast has entered a new vehicle segment in India with the launch of its seven-seater electric MPV, the VF MPV 7. The EV is rated for a 517 km range and is locally assembled in Tamil Nadu. VinFast also plans to expand its retail footprint, targeting 75 showrooms by 2026 as it scales up in the market.
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