VinFast revenue climbs 42% as EV deliveries surge in first quarter
VinFast Auto (NASDAQ:VFS) reported a 41.7% increase in first-quarter revenue, boosted by a sharp rise in electric vehicle deliveries and aggressive international retail expansion.
VinFast Auto (NASDAQ:VFS) reported a 41.7% increase in first-quarter revenue, boosted by a sharp rise in electric vehicle deliveries and aggressive international retail expansion.
Thor Industries (NYSE:THO) reported a drop in fiscal third-quarter profit and revenue, prompting the recreational vehicle manufacturer to lower its full-year earnings expectations.
Li Auto (NASDAQ:LI) announced Monday that it delivered 33,350 vehicles in May 2026, securing steady volume as the premium automaker kickstarts a fresh product refresh cycle across its smart electric vehicle lineup.
NIO (NYSE:NIO) reported total deliveries of 37,705 vehicles for May 2026, representing a 62.3% increase compared to the same period last year.
XPENG (NYSE:XPEV) announced total vehicle deliveries of 32,158 units for May 2026, continuing a steady upward path in the highly competitive smart electric vehicle market.
Lucid Group (NASDAQ:LCID) announced that Silvio Napoli has officially assumed the role of Chief Executive Officer (CEO), effective immediately.
Uber Technologies (NYSE:UBER) and Israel-based autonomous vehicle technology developer Autobrains announced on Monday a joint initiative to launch a commercial robotaxi program in Munich, marking an expansive push to scale autonomous ride-hailing infrastructure across Europe.
Autohome (NYSE:ATHM) reported a steep decline in first-quarter revenue and recorded an operating loss, reflecting a challenging landscape for automotive advertising and lead-generation platforms in China.
XPeng (NYSE:XPEV) reported a decline in first-quarter revenue and a widening net loss as vehicle deliveries contracted during a seasonal slowdown in the Chinese electric vehicle market.
Li Auto (NASDAQ:LI) swung to a net loss in the first quarter of 2026 as intense domestic pricing competition drastically compressed its profit margins, overshadowing a modest rise in total vehicle deliveries.
Monro (NASDAQ:MNRO) reported a 7.2% decline in fourth-quarter sales, primarily reflecting a major restructuring program that shuttered more than a hundred underperforming stores earlier in the year.
SunCar Technology Group (NASDAQ:SDA) reported an expansion in first-quarter revenue and sustained bottom-line profitability, driven by accelerating consumer demand for electric vehicle insurance and broader commercial partnerships with major digital and automotive brands across China.