Hashtag
The Times Real Estate

Guided by Customer-Centric Philosophy, VinFast Navigates New EV Realities

VinFast is responding to the evolving electric vehicle (EV) market with a customer-centric philosophy focused on affordability, quality, and comprehensive after-sales support. This is reflected in its diverse model range and expansion into emerging markets, positioning the company for sustained growth.

HANOI, VIETNAM - Media OutReach Newswire - 12 September 2024 - The EV market, while still expanding, has fallen short of the ambitious growth trajectory envisioned by automakers. Consequently, many established manufacturers are scaling back their aggressive electrification timelines.

VinFast EV manufacturing complex in Hai Phong, Vietnam
VinFast EV manufacturing complex in Hai Phong, Vietnam

While some automakers are hedging their bets with hybrid models, others are doubling down on their vision for an all-electric future. To achieve this, they're recognizing the need to transition from catering to early adopters to making electric vehicles more accessible to the mass market.

VinFast, a Vietnamese pure-play EV manufacturer, is meeting this challenge head-on with a customer-centric approach. Their commitment to "premium-quality product, inclusive price, and outstanding aftersales policy" aims to tackle the common concerns of potential EV buyers.

With price being the most significant hurdle to mainstream adoption, VinFast has introduced, or is planning to introduce, more affordable EV models across virtually all its operational markets. Consumers in Vietnam enjoy the broadest selection of VinFast vehicles, including their most budget-friendly model, the VF 3, priced starting from $10,000 with their innovative battery subscription model. The record-breaking 27,400 non-refundable pre-orders in May underscore the model's resonance in a market where car ownership remains a distant dream for many. It's anticipated that the VF 3, with its blend of affordability, style, and practicality, will redefine mobility in the broader Southeast Asia, much like how motorcycles once did.

In the US and the EU, reports suggest that VinFast may introduce more affordable SUVs like the VF 6, positioned below the current VF 8 in terms of price. Their arrival in these markets, while still not official, is eagerly awaited by those seeking a more affordable entry point into the VinFast ecosystem.

VinFast's comprehensive lineup empowers them to cater to diverse market demands. Moreover, all VinFast vehicles have garnered praise for their handling and driving experience, both from casual customers and professional reviewers, complemented by an array of smart and practical features. For instance, the VF 8, one of VinFast's flagship models, boasts a spacious interior, advanced driver-assistance systems, and a range that rivals many established competitors.

The company's dedication to exceptional customer service and aftersales support, characterized by extended warranties and comprehensive service offerings, further solidifies their commitment to providing value and reassurance to buyers. The up-to-10-year warranty offered on VinFast vehicles stands as a testament to their confidence in the quality and longevity of their products, setting a new benchmark in the industry.

VinFast's strategic focus might also stem from the realization that while the EV market in developed regions like the US and Europe may be experiencing a slowdown, other markets, such as Southeast Asia and the Middle East, present promising prospects.

The young company is actively expanding its reach into these regions, tapping into a growing interest in the EV transition. In the Middle East, VinFast has made significant strides, securing agreements with distributors, opening its first showroom, and establishing a regional headquarters. These strategic moves not only open doors to new customer bases but also lay the groundwork for future expansion into other promising markets in the region.

VinFast's proactive approach to catering to customer needs, coupled with its expansion into emerging markets, positions the company as a compelling player in the ever-evolving EV landscape.


Hashtag: #VinFast #Vingroup #EV


The issuer is solely responsible for the content of this announcement.

Business News

The Campaign "It’s Time for EU Beef" is coming to Cebu and Manila in April

The Philippine meat industry will be shown the quality and guarantees of European beef MANILA, PHILIPPINES - Comunicae - 28 March 2025 - PROVACUNO, the Agro-food Interprofessional Organization of the ...

Hashtag.net.au - avatar Hashtag.net.au

"One Earth Summit" 2025 Held Successfully Hong Kong Fully Leverages Its Role as an International Financial Center and Leader in Green Finance

Laying a Solid Foundation for the Development of ESG Investment and Green Innovation Calling for Global Collaboration Among Governments, Businesses, and Philanthropic Organizations to Effecti...

Hashtag.net.au - avatar Hashtag.net.au

Asian Industrial Online Exhibition 2025: Your Gateway to Premier Asian Industrial Suppliers and Global Sourcing Opportunities

TAIPEI, TAIWAN - Media OutReach Newswire – 31 March 2025 - The Asian Industrial Online Exhibition 2025 (AIOE 2025) is set to return from March 31 to July 31, 2025, offering international buyers an ex...

Hashtag.net.au - avatar Hashtag.net.au

In Taiwan, 71% of employers struggle to fill key roles amid growing talent shortages

40% believe their employer ‘copies’ competitors in order to keep workplace relevant TAIPEI, TAIWAN - Media OutReach Newswire - 31 March 2025 – Taiwan's talent shortage continues to escalate, with the...

Hashtag.net.au - avatar Hashtag.net.au

YesAsia Holdings 2024 Annual Revenue and Net Profit Hit Historical High of US$345.78 Million and US$19.04 Million Respectively

Global Footprint and B2C-B2B Synergies Drive Long-term Development Results Highlights Revenue surged by 71.7% to historical high of US$345.78 million. Net profit hit historical hig...

Hashtag.net.au - avatar Hashtag.net.au

HGC and CAHK Jointly Organize the "ICT Open Day" for 2025 World Telecommunication and Information Society Day Hong Kong

Encouraging students to leverage innovative technologies to enhance social equality Continuing the mission of nurturing ICT talent HONG KONG SAR - Media OutReach Newswire - 31 March 2025 - HGC Globa...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

The Importance of Having a Defibrillator in Public Spaces

Hashtag.net.au - avatar Hashtag.net.au

Life is uncertain! It is almost impossible to be 100% sure of the future, anything can happen to anyone at any time. However, in the case of Sudden Cardiac Arrests (SCA), the presence of an Automat...

Understanding Anxiety: Different Types and Treatment Options

Hashtag.net.au - avatar Hashtag.net.au

(Source) Every person experiences anxiety in some form as they face either pre-event heart palpitations before important events or constant sleep deprivation because of ongoing concerns. People exp...

How Technology Is Improving Community Support Services?

Hashtag.net.au - avatar Hashtag.net.au

(Source) Technology is literally a part of our everyday lives. Everything we do is highly dependent on technology in this day and age. The interesting part is that not just the younger generations ...