12 Best EV Charging Stocks to Buy According to Hedge Funds

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9. VinFast Auto Ltd. (NASDAQ:VFS)

Number of Hedge Fund Holders: 8

VinFast Auto Ltd. (NASDAQ:VFS) has taken a significant step in its U.S. growth strategy by opening its first authorized dealership in California.

Sunroad Automotive Group operates the dealership in San Diego, where it sells the VF 8 mid-size and VF 9 full-size electric SUVs. It delivers qualified support and extensive after-sales services. The firm’s worldwide dealership rollout, which currently has over 30 locations across 15 states, made California a primary priority because of the state’s burgeoning EV industry.

VinFast Auto Ltd. (NASDAQ:VFS) changed to a franchise dealership model in 2023 for better productivity. The VF 8 starts at $39,900 (Eco) and $44,900 (Plus), with leases starting at $269/month, whereas the VF 9 starts at $62,900, with leases beginning at $449/month. Both versions have a 10-year unlimited-mileage battery guarantee and a 10-year/125,000-mile vehicle warranty.

VinFast Auto Ltd. (NASDAQ:VFS) is still growing internationally, focusing on the Middle East, Europe, Indonesia, India, and the United States. It is among the Best EV Stocks.

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