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BTCC / BTCC Square / Global Cryptocurrency /
VinFast Q3 2025: E-Scooter Boom Offsets EV Stock Slump

VinFast Q3 2025: E-Scooter Boom Offsets EV Stock Slump

Author:
Global Cryptocurrency
Published:
2025-11-21 22:21:01
24
2
BTCCSquare news:

VinFast Auto Ltd. (VFS) shares fell 10.1% to $3.1150 post-earnings despite a 47% revenue surge to $719 million. The drop contrasts with record EV deliveries (38,195 units, +74% YoY) and a 535% explosion in e-scooter sales (120,052 units).

Expansion into India and Indonesia fueled market share gains. Tech upgrades and aggressive branding suggest long-term positioning, though investors remain skittish about capital-intensive growth.

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