VinFast plans to expand its factory in the world's third-largest automotive market, adding production of electric buses, electric motorcycles, and charging station infrastructure.
Electric vehicle batteries are proposed for exclusion from manufacturer collection and recycling duties, as there is currently no feedstock for automakers like VinFast and Toyota to recycle.
US publication CleanTechnica assesses that the Vietnamese electric vehicle manufacturer is undergoing a comprehensive transformation, continuously improving processes and raising standards to build a foundation for global expansion.
VinFast delivered over 120,000 electric motorcycles and bicycles in Q3, bringing the total for the first nine months to 234,536 vehicles and leading the Vietnam market.
Global electric vehicle sales reached 1,9 million units in October, increasing by 23% due to strong growth across markets. In Vietnam, VinFast also set a record with over 20,000 vehicles sold.
In October, the entire industry sold over 63,500 vehicles, the highest level since the beginning of the year, with VinFast alone capturing 32% market share, dominating Toyota and Hyundai.
Buyers of VinFast electric motorbikes have the chance to win VF 7, VF 5, VF 3 electric cars and 1,000 Feliz Lite electric motorbikes, from now until the end of the year.
To generate passive income, a VinFast subsidiary has signed a cooperation agreement and contributed 20,700 ty dong with Saigon Glory, owner of the Ben Thanh quadrangle mega-project in downtown TP HCM.
FE Credit partners with VinFast to offer flexible financial solutions, including: 0 dong down payment, a 10% vehicle price reduction, and installment plans from 6 to 36 months, for electric motorcycle buyers.
