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Stock impact report

The EV Revolution Needs More Than Cars, And VinFast Knows It

VinFast Auto Ltd. - Ordinary Shares (VFS) 
Company Research Source: Business Wire
MARKHAM, Ontario--(BUSINESS WIRE)--VinFast and other industry leaders are proving that the success of electric vehicles depends not just on technology but on building a seamless ownership ecosystem—one that eliminates range anxiety, ensures reliable service, and makes switching to EVs as effortless as possible.The move to electric vehicles is no longer solely about improving battery life or reducing costs. It is about crafting an environment where owning an EV feels effortless, dependable, and reassuring. Global EV sales reached a record 17.1 million units in 2024. But as the ranks of early adopters dwindle, many consumers remain hesitant to make the switch.The answer is simple: Without a network of charging stations, service centers, and repair facilities, mass adoption remains a distant dream.The Ecosystem AdvantageCompanies adopting an ecosystem strategy stand out. Nasdaq-listed VinFast, which isn't just manufacturing EVs. It is also investing heavily in infrastructure. Across Show less Read more
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