20th July 2024

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Hanoi, Vietnam — VinFast Auto (Nasdaq: VFS) as we speak introduced that it obtained a record-breaking variety of 27,649 non-refundable and non-transferable pre-orders for the mini-SUV VF Three inside 66 hours, setting a Vietnamese automotive file, demonstrating the spectacular enchantment of the VF Three and its potential to turn into a “nationwide automobile” in Vietnam.

Along with file gross sales, the VF Three grew to become a social media phenomenon in Vietnam, topping development rankings and sparking essentially the most on-line discussions since VinFast opened pre-orders.

The VF 3’s record-breaking pre-orders are credited by its particular introductory value of solely 235 million VND (roughly $9,248, battery subscription) and 315 million VND (roughly $12,390, battery included) for purchasers who positioned deposits from Could 13 to Could 15. This is a perfect value level that makes it possible for extra customers to personal a automobile and enhance their high quality of life at an affordable price.

For a down cost, clients solely want between 50–70 million VND (roughly $1,965–$2,750). The remaining stability could be financed via inexpensive installments with a complete month-to-month cost of simply over 2 million VND (roughly $78.5) over Eight years. Notably, paying for the VF Three in full upfront prices solely half the value of the most affordable gasoline automobile mannequin at present out there within the Vietnamese market.

Along with its engaging value, the record-breaking variety of pre-orders may also be attributed to the revolutionary gross sales strategy VinFast piloted for this mannequin. For the primary time in Vietnam, automobiles have been bought on e-commerce platforms equivalent to Shopee, VinID, and orders may very well be positioned via 9 livestream periods carried out by 15 influencers.

This revolutionary gross sales strategy made the VF Three the primary automobile in Vietnam to attain over 50% of its whole orders on-line, marking a momentous improvement within the on-line to offline enterprise mannequin and emphasizing VinFast’s pioneering position within the Vietnamese automotive market.

In response to the robust assist from clients, Ms. Duong Thi Thu Trang, CEO VinFast Vietnam, stated: “The 27,649 pre-orders obtained inside 66 hours is a testomony to the robust assist and belief of the Vietnamese folks for VinFast. We’re extraordinarily grateful for our clients’ endorsement for the VF Three and our model, and we are going to try to proceed to earn their assist as we develop right into a world-class Vietnamese automaker.”

Much like different VinFast electrical automobiles, the VF Three comes with one of the best guarantee coverage within the Vietnamese market, with a 7-year or 160,000 km guarantee for the automobile (whichever comes first) and an 8-year limitless mileage guarantee for the battery.
The primary VF Three automobiles are anticipated to be delivered to clients beginning in August 2024, with at the least 20,000 automobiles anticipated to be delivered this yr.

About VinFast

VinFast — a member of Vingroup — envisions driving the development of the worldwide good electrical automobile revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing advanced with globally main scalability that boasts as much as 90 % automation in Hai Phong, Vietnam.

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

Press launch from VinFast

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