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VinFast launches 5 electric vehicle models at CES 2022, claiming to become a 100% electric vehicle company by the end of this year

David Lang
Founder & CEO, Viettonkin; FDI and Fortune 500 Consultant
Trường (David) Lăng, Founder & CEO of Viettonkin, is a distinguished FDI advisor and Fortune 500 consultant, spearheading thousands of successful investment projects to connect ASEAN economies with the world.
Trường (David) Lăng, Founder & CEO of Viettonkin, is a distinguished FDI advisor and Fortune 500 consultant, spearheading thousands of successful investment projects to connect ASEAN economies with the world.
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After the successful launch of two electric cars in the D and E segments at the Los Angeles Auto Show in November 2021 in the US, VinFast continues to make impression at CES 2022 with the launch of 3 electric car models in segments A, B, C, creating a complete product range, spread evenly in all segments.

The reason VinFast chooses CES 2022 as the place to complete the electric vehicle range

Initially held in 1967 in the US, the CES Consumer Electronics Show has quickly become the largest and most influential technology event in the world. The event is considered to be the convergence of breakthrough technologies and global innovators, the place of shaping and leading the world's future technology trends.

In recent years, CES has gradually surpassed the world auto shows when becoming the intersection between the auto manufacturing industry and the electronics industry in the global mobility revolution, especially when electric cars are becoming a true high-tech product. Automakers want to come to CES in search of competitive weapons by incorporating the latest technologies in the field of consumer electronics.

That is also one of the reasons that Vietnamese car manufacturer VinFast decided to participate in this exhibition for the first time this year, opening with the event "EV Day".

Reopening after a 1-year of interruption due to the COVID-19 epidemic, this year's CES exhibition has attracted more than 2,200 businesses with many of the world's top names from nearly 140 countries to join in directly. It is expected that in 3 days of CES 2022, there will be more than 75,000 visitors and events.

For a green future for everyone

Participating in the CES 2022 exhibition with the message "Destination: Future", VinFast strongly believes that the only way to solve the current climate crisis is to "live greener - smarter" together.

Sharing about the process of transforming production from gasoline cars to electric cars, Ms. Le Thi Thu Thuy - Vice President of Vingroup and Global General Director of VinFast said: "Less than 4 years ago, I was honored to introduce VinFast's first gasoline cars to the world. Today, I am proud to stand here with a lineup of 5 smart electric car models that are evenly distributed in the A-B-C-D-E segments. 4 years is usually just enough to start a car company, but VinFast has made an extraordinary journey, far beyond the imagination of many people. From a rookie gasoline car company, VinFast has quickly become the most trusted and loved car brand in Vietnam and is entering the ranks of the pioneers of electric vehicle production, opening the 'Future of mobility' for everyone".

According to Ms. Le Thi Thu Thuy, VinFast's rapid breakthrough and all-limit-surpassing comes from a solid launch platform, the parent Vingroup. Setting itself the mission of "For a better life for everyone", with 3 core pillars of Industrial Technology - Trade Services - Social Charity, Vingroup identifies technology as the key to every transformation, helping to create a smarter, more sustainable future for everyone. Technology is being strongly applied, contributing to creating breakthrough changes in the fields in which the Group is operating such as real estate, resort, healthcare, education, business and especially the auto industry.

"You will no longer be surprised by the extraordinary speed of VinFast when knowing that supporting VinFast is an ecosystem of technology - innovation companies invested by Vingroup like VinES - the company we use to invest in battery technology, or companies in the fields of artificial intelligence, machine learning, multidisciplinary data analysis such as VinAI, VinBigData, VinBrain and Vantix... To encourage creative breakthroughs, the founders of Vingroup also launched the annual VinFuture science and technology award to promote the spirit of innovation and humanity serving. Results and prizes will be announced on January 20, 2022 in Hanoi" - General Director of VinFast Global added.

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At the event, Ms. Le Thi Thu Thuy also announced that VinFast will officially become a 100% electric vehicle company by the end of 2022.

"VinFast will be the pioneer car company in the world to stop manufacturing gasoline cars to completely switch to manufacturing pure electric vehicles. For us, a sustainable future for the planet and people is created through the zero-emissions and low-noise mobility, on a platform of smart service and excellent customer experiencing"

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5 VinFast model electric cars launched at CES 2022

The Vietnamese automaker has brought to CES this year 5 electric car models named VF 5, VF 6, VF 7, VF 8 and VF9, of which VF 8 and VF 9 are the two VF e35 and VF e36 models introduced at the Los Angeles Auto Show in November 2021. VinFast Global General Director said that the renaming affirms the consistency of VinFast's pure-electric strategy in the electric vehicle revolution.

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Gratitude to the first customers

According to the Global General Director of VinFast, in order to show gratitude to the initial customers, VinFast will launch the program "Pioneers show gratitude to pioneers" for the campaign of soon selling of VF 8 and VF 9 cars - two models that will be delivered by the end of this year.

Specifically, customers in the US who make a reservation of 200 USD in advance will receive a voucher of up to 3,000 USD for the VF 8 and 5,000 USD for the VF 9. Similarly, customers in Europe who make a reservation of 150 euros in advance will receive a discount offer of 2,500 euros for the VF 8 and 4,200 euros for the VF 9.

Particularly in Vietnam market, customers who make a reservation 10 million VND in advance will receive a gratitude gift of 150 million VND for the VF 8 and 250 million VND for the VF 9.

The program starts today (January 6) and lasts for the next 3 months. Voucher is valid until December 31, 2023. In addition, VinFast will also apply blockchain technology to reservations to ensure priority order and privileges for pioneers.

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VinFast's VF 8 electric car model

VF 8 has a starting price of 41,000 USD in the US, 36,884 Euro in Europe and 961 million VND in Vietnam. VF 9 has a starting price of 56,000 USD in the US, 49,280 Euro in Europe and 1 billion 312 million VND in Vietnam. The above price is not inclusive business tax and VAT as well as battery leasing and ADAS and Smart Services packages. VinFast will apply a 10-year warranty policy and battery leasing model. Of which, the unique lifetime battery leasing policy for each vehicle will ensure that the total monthly cost including battery subscription fee and battery charging cost is only equivalent to the cost of gasoline in each market with a specific and transparent calculation method. VinFast will pay the entire cost of battery maintenance and will replace it for free when the charge-discharge capacity of the battery is lower than 70%.

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VinFast's VF 9 electric car model

Especially, all vehicles registered in the program " Pioneers show gratitude to for pioneers" will be given a VinFast mobile charger, ADAS service package with lifetime smart services and a holiday package at Vinpearl villas for the whole family for 7 days at one of Vinpearl's 5-star resorts.

With each registration of electric car reservation, VinFast will have a new tree planted, contributing more to green space for the planet.

Realizing the goal of "technology for life"

Sharing about VinFast's technology investments and strategies, Mr. Sang Hong Bae - Deputy General Director of VinFast Technology said: "At VinFast, we consider technology the key to unlocking potentials. new development capabilities, technology that improves the quality of life for people around the world That's why, in addition to our substantial investments in R&D, finance and human resources, we also partner Cooperating with many technology partners around the world to realize the goal of "technology for life", helping VinFast improve vehicle safety as well as increase the driving experience, towards the integration of smart support systems into products".

According to Mr. Sang Hong Bae, VinFast's technology features are divided into two large areas, including ADAS/AD advanced driver assistance system and smart services.

Of which, the ADAS advanced driver assistance system is being researched and developed, including 2 phases. Phase 1, ADAS will be at level 2+ for Eco and Plus versions of VF e35 and VF e36, which will be launched by the end of 2022. Phase 2, ADAS will advance to level 3 and 4 for Premium version, which will be launched early 2023, including a number of typical features such as level 3 self-driving in traffic jams, automatic parking and level 4 vehicle summon. This version also includes features already present in Eco and Plus versions such as Remote parking, smart common, assistance in traffic jams, driver assistance on highways...

VinFast's in-car smart services include Mobile Home with entertainment and smart home control features, Mobile Office, In-car Shopping and Entertainment. VinFast virtual assistant and other familiar virtual assistants will assist users during the experiencing. There is also FOTA which updates software as often as phones to provide more features to users. "The above innovations make VinFast electric cars no longer just a means of transportation, but may become a mobile office or home. VinFast believes that VinFast cars will help you work safely and efficiency, bringing peace of mind and greater connection to the world," emphasized Deputy General Director of VinFast Technology.

The world press gives positive reviews about VinFast

According to an article by Reuters news agency, VinFast is "Vietnam's answer" in the US electric vehicle market. Reuters said that VinFast is betting big on the US market, hoping that electric SUVs and battery leasing models will be attractive to customers of leading US car manufacturers such as Tesla and General Motors to reach new electric vehicle models of Vietnam

With an article on The Driven, a famous Australian auto website, researcher David Waterworth opens with the assertion: "VinFast can easily surpass the 'tigers' in Southeast Asia to develop electric vehicles in the region and around the world".

Swiss television has called VinFast "a challenger to the world's auto industry". Along with that, dozens of other reputable newspapers have also made positive comments about VinFast.

Source : Vtv

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About the Author
David Lang
Founder & CEO, Viettonkin; FDI and Fortune 500 Consultant
Trường (David) Lăng, as Founder and CEO of Viettonkin, dedicates his extensive expertise to fostering robust trade and investment bridges between Southeast Asia and global partners. With over 17 years of experience, he has successfully guided over 3,000 FDI projects and advised Fortune Global 500 corporations on complex market entry and expansion strategies. His impactful work includes providing technical assistance to governments, developing innovative initiatives like Viettonkin's 'FDI Desks,' and maintaining strategic relationships with central authorities and NGOs. David's thought leadership in economic development and policy advocacy empowers businesses worldwide to confidently navigate and thrive in emerging markets.

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