This marks an important milestone of VinFast's distribution network expansion, enhancing the company's presence and affirming its position in the region's leading automotive market.
According to the partnership agreement, VinFast and the dealers will actively work towards opening 22 showrooms concentrated on major roadways in the Greater Bangkok Area. This area is a key focus of VinFast's expansion strategy in Thailand for its high rate of electric vehicle adoption and established charging station infrastructure, enabling VinFast to leverage its diverse range of urban electric vehicles.
Joining in its first steps in the market, the leading Thai dealers see opportunities from the growing trend of sustainable transportation through partnering with pure electric vehicle brands like VinFast. VinFast's strong brand position and comprehensive product range further reinforce the dealers' belief in the company's success in the region.
Beyond the Greater Bangkok Area, VinFast's dealer network will expand to other major cities like Chiang Mai, Khon Kaen, Ubon Ratchathani, Ayutthaya, and Chonburi, allowing the company to tap into the vast potential of sustainable transportation across the country. This move also aligns with VinFast's goal of growing its global sales network and increasing deliveries worldwide.
The dealers are expected to sell the VF e34, VF 5, VF 6, and VF 7 models as well as VinFast's electric scooters upon their launch in the market. Reservation openings, vehicle pricing, and after-sales policies will be officially announced later in 2024.
Ms. Vu Dang Yen Hang, Chief Executive Officer of VinFast Thailand, stated: "Through this partnership, we aim to swiftly deliver smart electric mobility solutions to consumers in Thailand while ensuring a smooth and enjoyable experience. This agreement not only enhances our presence in Thailand but also serves as a springboard for VinFast's growth in the market by making it easier for consumers to experience ourcomprehensive electric vehicle ecosystem."
The expansion of the dealer network in Thailand also affirms VinFast's position and ability to gain a strong foothold in the market, demonstrated by the company's growth potential and continued efforts to advance sustainable transportation globally.
VinFast is targeting expansion to at least 50 countries in 2024. Beyond established markets like the U.S., Canada, and Europe, VinFast is building its presence in neighboring Asian countries including India, Indonesia, Thailand, and the Philippines, alongside the Middle East and Africa. To support its global growth, VinFast is accelerating construction of electric vehicle manufacturing plants in the U.S. and India, with plans for an additional plant in Indonesia.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfast.co.th/
Disagreements between landlords and tenants can develop gradually, sometimes starting with a single unresolved question about money or an obligation described ambiguously…
Older homes have a certain charm that newer builds often struggle to copy. The proportions feel different, the details have more character, and there’s usually a sense …
Trees are one of Australia's greatest natural assets. They provide shade during scorching summers, improve air quality, create habitats for wildlife and add significant v…
Commercial flooring does much more than provide a surface to walk on. In busy workplaces, the right flooring contributes to safety, hygiene, durability, and the overall…
Modern skincare is no longer limited to basic facials and over-the-counter creams. Today, more people are turning to professional treatments to improve skin texture, redu…
Homeowners are on the lookout for effective ways to manage their monthly expenses because prices are rising across the board. With a particular focus on power bills, many…
With so many brands of hybrid caravans and different features available, it’s hard to know which one will have everything you’re after. Do you sacrifice a little comfort …
With stress and burnout continuing to affect many Australians, creating a calm and relaxing home environment has become more important than ever. In fact, interior desi…
In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...
The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...
Finding the right family dentist in Sydney is one of the most important health decisions you can make for your household. With hundreds of practices spread across the city — from Beecroft to Bondi, Pa...
Hashtag.net.au
