Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as many as in 2023, but sales were almost exclusively in its domestic market.

Starting from scratch and just over two years since its first electric vehicles were delivered to customers, VinFast has outperformed all other automakers in Vietnam to become the best-selling vehicle brand in the market.

VinFast’s (VFS) deliveries surged last year, nearly tripling from 2023. Although VinFast delivered almost 100,000 EVs in 2024, nearly