VinFast News | Oct 07, 2024
Levi & Korsinsky has started an investigation into VinFast for potential federal securities law violations after the company reported a $224 million gross loss for Q2 2024, leading to a 7% stock price drop on September 20, 2024...
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VinFast
🌎 vinfastauto.usVinFast is a visionary electric vehicle manufacturer founded in 2017, dedicated to creating smart, sustainable mobility solutions. With a commitment to making electric vehicles more accessible, VinFast aims to lead the smart electric vehicle revolution while ensuring premium quality and exceptional after-sales service. The company is also focused on achieving net-zero carbon emissions by 2040 and has a diverse portfolio of electric vehicles, including SUVs, e-scooters, and electric buses, available in multiple regions including North America, Europe, and Asia.
Updates as of Oct 07, 2024
- Levi & Korsinsky has started an investigation into VinFast for potential federal securities law violations after the company reported a $224 million gross loss for Q2 2024, leading to a 7% stock price drop on September 20, 2024.
- GSM launched the Xanh SM Bike Platform on October 1, offering an 80% revenue share for VinFast electric motorcycle drivers in several Vietnamese cities.
- VinFast Philippines launched the VF3, a compact electric SUV priced at P745,000 without a battery subscription, which is shorter and wider than the Suzuki S-Presso.
- On October 2, 2024, VinFast VF 6 won two awards at the Better Choice Awards 2024 for 'National Car for Newcomers' and 'Pioneering Green Energy Car' due to its eco-friendly features, affordability, and advanced technology.
- VinFast has registered industrial design patents for two new compact electric motorbikes aimed at female customers and students.
- VinFast has registered the design for a new mini electric car, smaller than the VF 3, with a competitive price potentially close to high-end motorcycles.
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