14th July 2024

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Manila, Philippines — VinFast Auto (Nasdaq: VFS) in the present day declares it can formally enter the Philippine electrical car market in late Could 2024 with its various and sensible inexperienced mobility options. This debut strongly affirms VinFast’s dedication to being a frontrunner throughout Southeast Asian markets and its mission to advertise the electrification of transportation globally.

As a part of its international progress technique, VinFast has invested in quite a few markets, together with the U.S., Canada, Europe and, extra not too long ago, Indonesia, India, and Thailand. The Philippines mark a brand new milestone for VinFast in its Southeast Asian enlargement technique, significantly because the nation embraces extra authorities insurance policies that promote the expansion of electrical automobiles. The model launch additionally reaffirms VinFast’s dedication to supporting the nation in selling greener and extra sustainable transportation infrastructure.

VinFast will introduce Filipino clients to its complete vary of premium-quality electrical automobiles, electrical bikes, and electrical bikes with trendy, youthful designs and sensible options, offering them with various choices and high-quality electrified experiences.

Much like different markets, VinFast will provide Filipino clients entry to its distinctive after-sales providers and enticing gross sales insurance policies and the corporate is planning to ascertain a nationwide community of dealerships within the nation, serving to facilitate a swift transition from gasoline-powered automobiles to electrical automobiles.

Ms. Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, stated: “The model launch within the Philippines marks one other important milestone for VinFast in its journey to develop its presence within the international electrical car market. We’re proud to assist the Philippines in its electrical mobility revolution and consider that by providing trendy, highly effective, and sensible automobiles alongside distinctive customer support, VinFast will steadily obtain its enlargement targets on this market.”

VinFast will host its model launch occasion in Manila, Philippines on Could 31 for the media and June 1-2 for the general public. On the occasion, company will have the ability to view and expertise VinFast’s vary of electrical automobiles, together with the VF e34, VF 5, VF 7, and VF 9, six electrical motorbike fashions, and the VF DrgnFly electrical bike. Attendees can even have a possibility to join take a look at drives of the VF e34, VF 5, and the VF DrgnFly electrical bike.

In January 2024, Philippine President Ferdinand Romualdez Marcos Jr. and Vingroup Chairman and VinFast Founder, Managing Director and CEO Pham Nhat Vuong held an official assembly to debate funding cooperation alternatives.

About VinFast

VinFast — a member of Vingroup — envisioned to drive the motion of the worldwide sensible electrical car revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complicated with scalability that boasts as much as 90% automation in Hai Phong, Vietnam.

Strongly dedicated to the mission for a sustainable future for everybody, VinFast consistently innovates to convey high-quality merchandise, superior sensible providers, seamless buyer experiences, and pricing technique for all to encourage international clients to collectively create a way forward for sensible mobility and a sustainable planet. Study extra at: https://vinfastauto.ph/

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