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VinFast's Latest EV Signals the Return of the Microcar

Summary by Financial Post
MARKHAM, Ontario — As automakers search for cheaper, smaller and more efficient urban vehicles, the microcar is quietly making a comeback. VinFast’s new VF 2 offers a glimpse into why this long-overlooked segment is attracting fresh attention again. There’s something ever so attractive about microcars. They’re the David standing next to today’s Goliath-like SUVs that […]

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Dan Tri 360 (Dan Tri Newspaper) - VinFast VF 2 belongs to the ultra-compact electric car segment, targeting urban transportation needs.

Although Vietnamese automaker Vinfast failed to achieve all of its goals in its initial global presence, it has not given up. The company recently indicated that it intends to introduce its smallest and cheapest product, the “VF 2,” as a new solution for the large markets of the United States and Europe, citing the return of microcars to the global scene.

Cheap electric cars needed VinFast's latest electric car is called the VF 2 and it's an extremely small and spartan little thing. It's almost 60 (!) centimeters shorter than a Fiat 500e, has only two doors, a small 41-horsepower engine, a top speed of 80 km/h and it only goes 200 kilometers on a charge. But the small numbers also come with a small price. It only costs just over 7,000 dollars. Now it's said that the microcar may be launched out…

VinFast evokes a possible arrival of its micro-citadine VF 2 in Europe and the United States. Reduced Gabarit, broken prices, limited autonomy: we take stock of this still blurred project.

With a launch price of around €6,200 in Vietnam, VinFast also suggests the possibility of marketing VF2 in Europe and the United States. Behind the promise of a low-priced car on paper, its arrival in Europe seems very unlikely.

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fiinews.com broke the news on Sunday, September 6, 2026.
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