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VinFast Auto has officially announced pricing and opened reservations for the VF 5 electric SUV in the Philippines, just over a month after the brand’s market debut.
The VF 5 electric SUV is priced at 1,191,000 pesos with battery. In addition, VinFast also offers an attractive battery subscription program optimized for each customer’s diverse mobility needs. Under the battery subscription program, the VF 5 is priced at 992,000 pesos.
The VF 5 battery subscription plan offers monthly fees based on driving distance, with customers paying 5,800 Pesos for a maximum of 1,500 km per month.
Starting July 20, 2024, customers in the Philippines will be able to reserve the VF 5 electric car with a deposit of P5,000 per vehicle at VinFast dealerships (reservation is refundable as per VinFast policy).
Customers will receive a direct discount of 50,000 Pesos and gifts worth more than 50,000 Pesos per vehicle.
Customers will also receive a payment assistance of 69,000 Pesos or 99,000 Pesos per vehicle when completing the purchase through bank loan or direct payment methods, applicable to the purchase with and without battery subscription respectively.
From July 20, 2024 to August 5, 2024, VinFast is offering an attractive promotion for customers who reserve the VF 5 without a battery subscription. Specifically, customers have the opportunity to win one of 100 discounts of 95,000 pesos per vehicle through the lucky draw program.
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Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, said: “We are delighted to officially enter the Philippines, one of the most promising EV markets in Southeast Asia. With the launch of the VF 5 and the introduction of our unique battery subscription program for local consumers, we reaffirm our commitment to providing affordable, high-quality products with excellent after-sales services. We hope that VinFast EVs will soon become everyone’s daily commuter, contributing to the green transportation movement in the Philippines.”
The VF 5 is a compact car measuring 3,967 mm in length, 1,723 mm in width and 1,578 mm in height. It is equipped with a 100 kW motor, 135 Nm of torque and front-wheel drive. With a 37.23 kWh lithium-ion battery, the VF 5 has a range of 326 km per full charge (NEDC standard) and can be charged from 10% to 70% in just 33 minutes (depending on the type of charger).
As a fashionable urban vehicle, the VinFast VF 5 features a youthful design with various interior/exterior color options and is equipped with advanced technologies such as automatic vehicle fault diagnosis, intrusion monitoring and alert, remote software updates, basic cruise control, blind spot alert, etc.
VinFast also offers an attractive battery subscription program optimized for the diverse mobility needs of each customer.
VinFast offers flexible purchasing options for battery and non-battery electric vehicles in the Philippine market, catering to the diverse needs of consumers. VinFast’s battery subscription program is one of the pioneering sales strategies in the market, reducing the initial purchase cost and making it easier for customers to access high-quality smart electric vehicles.
In terms of after-sales services, VinFast will offer market-leading policies with a 7-year/160,000km warranty. For customers who opt for battery subscription, VinFast offers free maintenance and battery replacement if its maximum capacity falls below 70%, ensuring a worry-free experience for customers throughout their vehicle ownership.
Just over a month after entering the market, VinFast has officially opened its first three dealerships, launched the VF 5 in the most popular segment, and plans to start delivering vehicles to Filipino customers in 2024.
Source: https://reporteasia.com/tecnologia/2024/07/20/vinfast-lanza-oficialmente-venta-filipinas-suv-electrico-vf-5/