VFS Stock Climbs As VinFast Racks Up Record EV Growth

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VinFast Auto Ltd. (VFS) stock climbed over 12% following record EV deliveries in 2025 and a strategic shift towards cost reduction. The company delivered approximately 197,000 EVs in 2025, generating $3.6 billion in revenue, and aims for 300,000 deliveries in 2026. This growth, coupled with strong domestic performance in Vietnam and expanding product lines like e-scooters, has led Wedbush to reiterate an Outperform rating with a $6 target.

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