VinFast Auto (VFS) Registration Filing summary

Company overview and business model

• Operates as a full-scale mobility platform focused on designing and manufacturing high-quality electric vehicles (EVs), e-scooters, and e-buses, with a strategic focus on global expansion and sustainability.

• Phased out internal combustion engine vehicle production in 2022 to focus exclusively on EVs and e-mobility ecosystem.

• Achieved rapid growth in Vietnam, becoming a market leader in multiple vehicle segments within 18 months of product launch.

• Majority-owned by Vingroup, leveraging shared expertise and resources for technology and manufacturing.

• Targets international markets including North America, Asia, and EMEA, with a focus on SUVs and affordable models.

Financial performance and metrics

• Delivered 334,332 four-wheeled vehicles (including 248,281 EVs) and 537,813 two-wheeled vehicles from inception through September 30, 2025.

• Delivered 97,399 EVs globally in 2024, a 192% year-over-year increase, exceeding revised guidance.

• In the first nine months of 2025, delivered 110,362 EVs globally, with 103,884 in Vietnam, marking a new record for the domestic market.

• As of June 30, 2025, reported cash and cash equivalents of VND 9,867,220 billion and accumulated losses of VND 305,780,046 billion.

• Substantial financial support from Vingroup and affiliates, with $15.9 billion deployed since 2017.

Use of proceeds and capital allocation

• Proceeds from the sale of 34,929,486 Affiliate Resale Shares and exercise of up to 3,320,822 warrants will be used for R&D, sales and marketing, expansion of sales channels, manufacturing facility development, and general corporate purposes.

• No specific strategic investments or acquisitions identified at this time.