VinFast announced it has surpassed 200,000 electric vehicle sales in 10 months, while Hyundai expands its hybrid lineup and Ford increases incentives to compete in the upcoming year-end shopping season.
Electric vehicles continue to record high sales figures.
The Vietnamese automotive market in the final months of 2026 witnessed notable developments, with electric vehicle sales continuing to remain high, while manufacturers of internal combustion and hybrid vehicles intensified competition through new products, pricing policies, and incentive programs.
In October 2026, VinFast delivered 22,896 electric vehicles in the Vietnamese market.
According to VinFast's business results announced on November 11th, in October 2026, the company delivered 22,896 electric vehicles in the Vietnamese market, bringing the total sales for the first 10 months of the year to 200,593 vehicles. This marks the first time a Vietnamese automotive brand has surpassed the 200,000 vehicle sales mark in a single 10-month period.
Notably, compact electric vehicles and urban SUVs continue to contribute significantly to the company's sales. The VF 3 led the way with 3,960 units sold in October, bringing the total number of vehicles delivered year-to-date to 46,232.
Next came the VF 6 with 3,716 vehicles, followed by the VF 5/Herio Green with 3,706 vehicles and the VF 2/Minio Green with 3,405 vehicles. The 7-seater Limo Green electric vehicle also recorded 2,957 deliveries, bringing the total sales for the first 10 months to 42,975 units. In other segments, the VF 8 achieved 1,903 vehicles, the VF MPV 7 achieved 1,319 vehicles and the VF 7 achieved 929 vehicles in October.
The above results show that electric vehicles have achieved a significant sales volume in the Vietnamese market. The diversity of segments, from small cars and SUVs to vehicles for commercial transportation, is helping this type of vehicle reach a wide range of customer groups.
To maintain sales, VinFast continues to implement a support policy of 3-9% depending on the vehicle model, offers free battery charging at the V-Green public charging station system until February 10, 2029, and organizes trade-in programs for gasoline vehicles to electric vehicles.
TC Group announced that Hyundai's vehicle sales in October 2026 reached 3,422 units.
Hyundai ramps up hybrid vehicle sales, increasing competition in the final months of the year.
However, the increase in electric vehicle sales does not mean that internal combustion engine vehicles are losing their competitiveness. Recent moves from Hyundai show that manufacturers are expanding their product portfolios, especially hybrid vehicles, to meet the diverse needs of the market.
On November 11th, Thanh Cong Group (TC Group) announced Hyundai's October 2026 sales reached 3,422 units, a decrease of approximately 11.6% compared to September's 3,872 units. Cumulative sales for the first 10 months of the year reached 38,834 Hyundai vehicles.
Despite the overall decline in sales compared to the previous month, Hyundai's business results still showed notable improvements in the SUV segment, particularly the growth of the Palisade and the rollout of hybrid products. In October, the Hyundai Creta continued to lead the Hyundai lineup with 783 units sold, bringing the cumulative sales for the first 10 months to 7,632 units.
This is also the best-selling model in the company's passenger car segment since the beginning of the year.
The Creta is now…
