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VinFast Auto Filed, US Offering, Nasdaq: VFS

Electric vehicle manufacturing unit of Vietnam's Vingroup.

Industry: Consumer Discretionary

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First Day Return:

Return from IPO:

Industry: Consumer Discretionary

We are an innovative, full-scale mobility platform focused primarily on designing and manufacturing premium EVs, electric scooters and electric buses. Our initial EV product line is an all-new range of fully-electric A- through E-segment SUVs, the first of which began production in December 2021. We focus strategically and exclusively on EVs and have phased out all remaining ICE vehicle products over the course of 2022, in order to execute on our vision of creating an e-mobility ecosystem built around customers, community and connectivity alongside our new vehicle roll-out. We plan to deliver on this strategy by leveraging our manufacturing expertise and strong track record of producing ICE vehicles and e-scooters. We started producing e-scooters in 2018, passenger cars (ICE vehicles) in 2019 and e-buses in 2020. We have delivered approximately 93,000 vehicles (primarily ICE vehicles) and over 162,000 e-scooters through the end of December 2022. Innovation is at the heart of everything we do. We focus on achieving operational efficiency and technological integration, and we seek to continuously improve our processes to deliver world-class products.
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IPO News for VinFast Auto
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IPO Data
IPO File Date 12/06/2022
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $1,000
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $1,000
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Hai Phong, Vietnam
Founded 2017
Employees 15,879
Website vinfastauto.com/en