Vietnamese Electric Vehicles

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Vinfast Has Unveiled Three New Electric Vehicles and Expansion Plans

'Vinfast,' the Vietnamese-based electric vehicle manufacturer, has unveiled three new electric vehicles to add to its roster which now totals five EVs. At CES 2022, Vinfast showed its upcoming VF5, VF6, and VF7 electric vehicles which are each more compact than the VF8 and VF9 predecessors.

In addition to unveiling these vehicles, which are each priced in the $35,000 to $60,000 range, Vinfast has announced new expansions to the Canadian and United States markets. In order to ensure its market success in North America, Vinfast is offering interested consumers a promotion whereby aspiring purchasers can pay a $200 pre-order deposit to receive $3,000 off the full price of the vehicle at its release. On top of this, Vinfast has received praise in the EV market for adding features to its standard vehicle packages that are often added by other automakers for an additional fee, such as computer-assisted driving or voice-activated features.
Trend Themes
1. Compact Evs - Vinfast's new VF5, VF6, and VF7 electric vehicles are each more compact than the VF8 and VF9 predecessors.
2. North American Expansion - Vinfast has announced new expansions to the Canadian and United States markets.
3. Consumer Promotions - Vinfast is offering interested consumers a promotion whereby aspiring purchasers can pay a $200 pre-order deposit to receive $3,000 off the full price of the vehicle at its release.
Industry Implications
1. Electric Vehicle Manufacturing - Vinfast is a Vietnamese-based electric vehicle manufacturer, and has unveiled three new electric vehicles to add to its roster, with a focus on the North American market and include attractive consumer promotions.
2. Automotive Retail - Vinfast’s promotion aimed at attracting customers with pre-order deposit to secure a higher discount from the full price presents an opportunity for automotive retailers to adopt such consumer promotions to increase sales.
3. Computer Technology and Artificial Intelligence - Vinfast’s offering of computer-assisted driving or voice-activated features with standard vehicle packages presents an opportunity to technology companies to partner with automotive makers for mutual benefits.

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