
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the third quarter compared with a year earlier, helped by lower costs for materials and ramped-up production volumes. The Haiphong, Vietnam-based company delivered 44,773 cars in the first nine months of 2024, more than 55% of…