(Reuters) – Vietnamese electric-vehicle maker Vinfast announced on Monday that it delivered 9,535 vehicles in the second quarter, representing a significant increase of over five times from the previous quarter. The company reported a total of 11,315 deliveries for the first half of this year.
Vinfast made its highly anticipated debut on Wall Street in August, causing its shares to more than triple in value. However, due to the limited number of publicly available shares, the company’s stock has been prone to volatility. Since its debut, Vinfast shares have fallen approximately 53%, and in premarket trading on Monday, it lost 2.17% to reach $17.15.
The company has announced that it will release its second-quarter results on September 21.
Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath
Credit: The Star : Tech Feed
