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VinFast Auto Ltd.&#39;s (NASDAQ:VFS) value is based on investments by its parent company, Vingroup, the largest conglomerate in Vietnam. It sold 13,513 electric vehicles globally in Q4 2023. VinFast Auto Ltd. (NASDAQ:VFS) sells cars with a subscription plan, allowing customers to rent their vehicles&#39; batteries to keep consumer costs down. By 2026, it is expected to produce 150,000 electric vehicles annually. The company has a market cap of $12.76 billion as of February 20, 2024.

VinFast Auto Ltd.'s (NASDAQ:VFS) value is based on investments by its parent company, Vingroup, the largest conglomerate in Vietnam. It sold 13,513 electric vehicles globally in Q4 2023. VinFast Auto Ltd. (NASDAQ:VFS) sells cars with a subscription plan, allowing customers to rent their vehicles' batteries to keep consumer costs down. By 2026, it is expected to produce 150,000 electric vehicles annually. The company has a market cap of $12.76 billion as of February 20, 2024.