Hashtag

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

JustMarkets: Demystifying of 5 Myths About Trading

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 18 September 2024 - The world of online trading is as dynamic as the processes in the global economy and geopolitics. Some trends replace others, so...

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

Arla Foods Ingredients launches new high-protein dairy campaign

TAIPEI, TAIWAN - Media OutReach Newswire - 18 September 2024 - Arla Foods Ingredients has launched a new campaign to inspire dairy manufacturers to create innovative high-protein products. ...

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

Bay of Lights: Elevating Cambodia As Premier ASEAN Financial And Tourism Destination

SYDNEY, AUSTRALIA - Media OutReach Newswire - 18 September 2024 - Canopy Sands Development unveiled its USD 16 billion Bay of Lights township project at two distinguished industry events—the Australi...

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

New Critical Illness Plan by HL Assurance Aims to Bridge Insurance Gaps for Singaporeans

SINGAPORE – Media OutReach Newswire - 18 September 2024 – There is a critical problem in Singapore: critical illness (CI) coverage, or a lack of it, even in 2024. Many Singaporeans are vulnerable to ...

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

Vinpearl's Multi-Experience Resorts: A "Back to Nature" Experience That's Anything But Boring

In today's fast-paced world, the desire to reconnect with nature is stronger than ever. Vinpearl, Vietnam's premier hospitality brand, recognizes this need and has curated a collection of luxurious re...

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

ONYX Hospitality Group Expands "Shama" Brand to Strengthen Presence in Serviced Apartment Market and Introduces "Live Your Blended Life at Shama" Campaign

BANGKOK, THAILAND - Media OutReach Newswire – 18 September 2024 - ONYX Hospitality Group, a leading management company of hotels, resorts, serviced apartments, and luxury residences in Southeast Asia...

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

Health & Wellness

Therapy as a Preventative Measure: Maintaining Mental Health Before a Crisis

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

In recent years, the conversation around mental health has shifted significantly. No longer seen solely as a response to crises, therapy is now increasingly recognised as a proactive measure for mai...

What Are Sleep-Wake Disorders? A Comprehensive Overview

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

In our fast-paced world, the importance of a good night’s sleep cannot be overstated – sleep is essential not only for physical rejuvenation but also for mental and emotional wellbeing. However, for...

The Role of Medical Clinics in Preventive Healthcare

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

Medical clinics play a crucial role in preventive healthcare by offering a range of services aimed at maintaining and improving overall health. These clinics provide preventive care, screenings, vac...

Tackling the Green Goodness: Investigating Grain Grass Juice Powder

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

Within the bustling world of health and wellness, the exploration for nutrient-rich superfoods is ceaseless. Among the verdant contenders stands barley grass, a powerful source of vitamins, minerals...

Tomorrow Business Growth