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VinFast cuts EV prices in bid to double sales

Summary by Nikkei
TOKYO -- Vietnamese electric vehicle maker VinFast is cutting the price of most of its EV models from this month, as the company aims to double sales

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VinFast cuts EV prices in bid to double sales

TOKYO -- Vietnamese electric vehicle maker VinFast is cutting the price of most of its EV models from this month, as the company aims to double sales

·Japan
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ELECTRIC VEHICLESELECTRIC VEHICLES

VinFast Cancels Battery Rental Service, Cuts EV Prices By Up To 14%

Written by Cláudio Afonso | LinkedIn | X Vietnamese carmaker VinFast said on Sunday it is cutting prices of its EVs by between 2% and 14% with immediate effect. The price reduction follows last month’s announcement that it aims to at least double its global deliveries this year. The company is also phasing out its EV battery rental service from March, shifting to a direct purchase model. Customers currently using rented batteries can either cont…

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Nikkei broke the news in Japan on Monday, March 3, 2025.
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Similar News Topics

Electric Vehicles

Electric Vehicles

Tokyo, Japan

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Hanoi, Hanoi

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