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VinFast Allegedly Faked Its Sales Numbers, Its Vehicles Are Actually Rotting in the Fields

autoevolution Tuesday, 23 April 2024
A Hunterbrook Media investigation revealed that things are going really bad for VinFast, which barely sells any cars. The information is confirmed by a Reuters report, which shows that 70% of VinFast's deliveries last year were to other companies owned by its CEO, Pham Nhat Vuong. The Vietnamese EV maker VinFast reported a stellar first quarter, with a 444% jump in deliveries over last year. However, this could be only a smoke screen... (continue reading...)
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