Guide to VinFast Cars: Models, Cost, Availability, and Range
This Vietnamese automaker is entering the U.S. market with an assortment of electric SUVs.
What Is VinFast?
Launched in 2017, VinFast is the automotive manufacturing division of Vietnam’s highly successful Vingroup, a conglomerate that has its hands in everything from real estate to artificial intelligence, and education to healthcare. The burgeoning carmaker has produced a few gas-powered,
What Kinds of Electric Vehicles Does VinFast Make?
The first models we’ll see in the U.S. are the five-seat VF 8 and seven-seat VF 9 midsize electric SUVs, supposedly launching by year’s end. Both models have two motors, providing all-wheel drive, and up to 402 horsepower. Initially, VinFast will build these EVs in Vietnam, but it hopes to move production to North Carolina within two years.
The automaker also intends to bring three smaller electric crossovers—the subcompact VF 5 and the compact VF 6 and VF 7—to market by 2023.
How Much Does a VinFast EV Cost?
The VF 8 will start close to $42,000, while the larger VF 9 will demand about $57,000. Those prices, however, don’t include the battery pack, which
The automaker will offer two subscription plans for its vehicles’ packs. Owners who drive fewer than 310 miles a month may wish to select the flexible plan, which costs $35 for the VF 8 and $44 for the VF 9. (Go over the mileage limit, though, and you’ll have to pay 11 and 15 cents per mile, respectively.) If you want unlimited use of your vehicle, choose the fixed plan, which requires a monthly payment of $110 for the VF 8 and $160 for the VF 9. VinFast will cover all battery maintenance costs, including replacement should the pack’s charging capacity dip below 70%.
When Will I Be Able to Buy a VinFast Electric Vehicle?
Both the VF 8 and VF 9 are
How Many Vehicles Has VinFast Sold?
In 2021, VinFast sold 35,723 vehicles, a 21% increase over 2020. Given the company’s first EV, the VF e34, didn’t reach customers until December, it’s safe to assume most of 2021’s sales were for internal-combustion models. However, the company claims that it has more than 60,000 reservations (worldwide) for its upcoming EV crossovers.