Vietnamese electric vehicle maker VinFast Auto (NASDAQ:VFS) reported a substantial increase in deliveries during Q2, with 9,535 vehicles delivered, more than five times the Q1 figure.
In the first half of the year, the company delivered a total of 11,315 vehicles. VinFast made its much-anticipated Wall Street debut in August, with shares initially tripling in value.
However, limited publicly traded shares have led to significant stock price volatility, resulting in a 53% decline since its debut.
VinFast is set to release its Q2 results on September 21.
