VinFast reports widening losses despite rising EV deliveries
- VinFast's Q3 revenue increased 159% year-over-year to $342 million.
- The company delivered over 10,000 EVs in Q3, up 5% from last quarter.
- However, VinFast posted a net loss of $623 million for the quarter.
- Over half of VinFast's sales were to a company owned by its founder.
- VinFast aims to deliver 40,000-50,000 EVs in 2023 as it expands globally.
Reuters 
Fortune 
Electrek 
Benzinga 
CNA 
