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VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

The stock market works in mysterious ways and can make or break companies as they attempt to go public. That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW. That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.