Vietnam's Vingroup chairman says EV unit Vinfast to break even in 2027

A VinFast EV is seen plugged in at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston

HANOI, April 22 : Vietnamese electric ​vehicle maker VinFast will break even next year, the chairman of its parent Vingroup said on Wednesday, confirming a Reuters report early this month.

Vinfast is expected to deliver 300,000 EVs this year, according to a Vingroup document.

Also worth reading