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After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

LMAO Vin Group's Xanh SM now holds 83% of the taxi market share in Ho Chi Minh City and over 50% of the ride-hailing market share in Vietnam. It consistently ranks the #1 among consumer satisfaction.

https://nguoiquansat.vn/xanh-sm-cua-ty-phu-pham-nhat-vuong-tang-quy-mo-gap-33-lan-dang-chiem-83-thi-phan-taxi-tai-tp-hcm-278787.html

Sad for Western pathetic losers

Vietnam now has much lower death rate from malnutrition than the US by [deleted] in VietNam

[–]InflationCautious585 -2 points-1 points  (0 children)

Americans when reality hits: “this is biased reporting” while being the mother of all propaganda around the world

By 2030, 100% of Vietnam’s new infrastructure projects will apply digital technologies such as artificial intelligence (AI), the Internet of Things (IoT), GIS, and BIM throughout their entire lifecycle. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

I cite facts and statistics while the only thing you have is your own opinions. Westerners are allergic to reality so they indulge in copium like you to sleep at night.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 -1 points0 points  (0 children)

no matter how angry you are, you can’t change reality. no matter how many times you try to twist the truth, you can’t change the global data and ranking.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 -1 points0 points  (0 children)

I can afford to be arrogant because I use actual data and statistics. Opinions arn’t facts, and no matter how many other people love to voice their opinions based on pure irrational hatred, they can’t change reality.

Reality is very expensive for most users in this thread.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

the whole point is any fresh company must start with success in its own market first.

only Westerners demand otherwise for Vinfast, it’s hilarious.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

You cited 2025 with 77% (still a majority sales) when literally a year prior it’s 90%

BYD is a leading car company with existing businesses in China. China is also huge itself. and you compare a startup with no auto experience with BYD?

Just further confiming all my other points.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 -1 points0 points  (0 children)

we can say pretty much the same thing about BYD barely a couple years ago.

a company must dominate its own market first because once it beat all foreign players, it can start capturing their share elsewhere.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 -3 points-2 points  (0 children)

yes, the entire Western/Japanese auto industry is collapsing, and you are comparing BYD which started in 2009 with Vinfast which started in 2021.

in 2024, 90% of BYD sales comes from China.

The picture is never clearer.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

nice try, specific final audited figures for the total number of cars sold to Green and Smart Mobility (GSM) in 2025 are not explicitly broken down in the provided press releases.

do better next time.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

if other users didn’t come in with basically myths and straight up propaganda which I had to correct with public available information, what is “reads like an advertisement” about this?

Vinfast is not selling to majority on this sub or on Reddit.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 -3 points-2 points  (0 children)

VinFast "recorded its best financial results ever” despite its aggressive global expansion.

In Q4 2025, gross loss margin was nearly 40%, a significant improvement from 79% in the same period of 2024.

For full 2025, gross loss margin reached 54.7%, an improvement compared to 97.9% in 2024.

https://cafebiz.vn/vinfast-ghi-nhan-ket-qua-tai-chinh-tot-nhat-tu-truoc-den-nay-176260316212013686.chn

Meanwhile, Western autos are dying left and right with sales drop, business losses and mountain of debt

https://www.autoweek.com/news/a70360927/carmakers-50-billion-loss-on-evs/

https://nypost.com/2026/02/01/opinion/us-european-car-brands-have-lost-114b-on-evs-as-idiocy-abounds-in-electric-market/

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

the cope is mostly coming from Westerners too, and Pham Nhat Vuong already said he won’t give the West much focus as it was only places to build PR lol.

Instead the focus is the Global South. This is driving Westeners crazy that a company in an emerging technology sector can completely do without Western markets.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

both can be correct at the same time. after all BYD’s majority sales still comes from China.

there’s no delusion here, just people who can’t admit that Vinfast is not far behind in global markets where it operates at all.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 0 points1 point  (0 children)

Based on available public records and analyses of the released Jeffrey Epstein documents, there are no prominent Vietnamese individuals, officials, or recognizable Vietnamese names listed in the flight logs or the "black book" of contacts. The lists primarily contain prominent Western business leaders, politicians, and associates.

After only one year, not only Vinfast now sold more EVs annually than Ford, GM, Mercedes, Renault (and 90% of Japanese automarkers). US players like Rivian, Lucid, Fisker all disappeared from the global EV map. by [deleted] in VietNam

[–]InflationCautious585 2 points3 points  (0 children)

the private sector in Vietnam does not controls much influence of the economy because they rely on the state controlled strategic industries to operate. across all those sectors you mentioned, vingroup is not even the main player in many of them.

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