Molly Ayala
VinFast is an electric vehicle company headquartered in Vietnam. It was launched in 2017 as part of the VinGroup, one of the largest companies in Vietnam. VinFast's first electric vehicle, the E34, was unveiled in January 2021 and the company started shipping to customers in November 2021. The company has since launched several other electric vehicles, including the VF8 and VF9, which are aimed at the global market. VinFast offers a generous 10-year/125,000-mile warranty and is targeting the low end of the electric car market with the sub-$20,000 VF3. The company has faced challenges, including intense competition from established automakers and Chinese EV makers, and its vehicles have been criticised for lacking the interior polish, well-honed road manners, and user-friendly safety tech expected at the price. However, VinFast's vehicles have also been praised for their modern user interfaces and competitive range and performance.
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What You'll Learn
- VinFast is the zero-emissions automotive arm of VinGroup, one of the largest companies in Vietnam
- VinFast's first electric vehicle, the E34, was launched in January 2021
- The company's VF8 model is a compact-ish midsize crossover with a modern touchscreen display
- VinFast offers a 10-year/125,000-mile warranty, which is more than competitors
- VinFast's VF5 model is simple to operate and has a robust 7-year/160,000km warranty
VinFast is the zero-emissions automotive arm of VinGroup, one of the largest companies in Vietnam
VinFast is an upstart electric vehicle company that is not your average EV manufacturer. VinFast is the zero-emissions automotive arm of VinGroup, one of the largest companies in Vietnam. VinGroup is a leading private conglomerate in the region, with a total capitalization of $35 billion USD from three publicly traded companies as of November 2021.
VinFast was established in 2017 with a state-of-the-art automotive manufacturing complex in Hai Phong, Vietnam, boasting up to 90% automation. The company is committed to a sustainable future for everyone, constantly innovating to bring high-quality products, advanced smart services, and seamless customer experiences. VinFast's first electric vehicle, the E34, was unveiled in January 2021 and shipped to customers in November of the same year. The E34 is a compact SUV for the Vietnamese market with a range of 80 kilometres (50 mi) and a maximum speed of 50 kilometres per hour (31 mph).
Following the success of the E34, VinFast launched its first global market electric vehicle, the VF8, in 2023. The VF8 is a three-row electric SUV that offers competitive range and decent performance. It is available in two trims: Eco and Plus. The Eco trim provides an estimated 264 miles of driving on a charge, while the Plus trim offers increased power output and luxury features, including a panoramic glass roof and leather upholstery. The VF8 has received mixed reviews, with some journalists praising its modern user interface and quiet electric motors, while others have criticised it for software glitches and "immediately obvious flaws".
VinFast has set ambitious sales targets, aiming for 50,000 global car sales in 2023. While they fell short of this goal, they still delivered close to 35,000 electric cars that year. The company has plans to build new EV plants in Germany and the United States, transitioning fully to EVs by late 2022. VinFast's parent company, VinGroup, has pledged significant financial support to help VinFast break even by the end of 2026.
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VinFast's first electric vehicle, the E34, was launched in January 2021
VinFast, the zero-emissions automotive arm of Vietnamese conglomerate VinGroup, launched its first electric vehicle, the E34, in January 2021. The E34, alternatively marketed as the VinFast Nerio Green, is a battery-electric subcompact crossover SUV. It was the smallest of three crossovers of different sizes that VinFast introduced as its first range of electric cars.
In December 2021, the first batch of 100 VinFast E34s was delivered to customers in Vietnam, making it the first electric vehicle to be manufactured and sold in the country. The E34's success set the stage for VinFast's first global market electric vehicle, the VF8, which was launched in 2023. The VF8 is a three-row electric SUV that offers competitive range and performance at a starting price of $47,200. It comes in two trims: Eco and Plus. The Eco trim provides a higher range of 264 miles per charge, while the Plus trim offers more luxury features such as a panoramic glass roof and leather upholstery.
VinFast's entry into the electric vehicle market is notable for its ambitious plans to rapidly scale production domestically and globally. The company offers a generous 10-year/125,000-mile warranty on its vehicles, addressing concerns about purchasing from a relatively unknown brand. VinFast's parent company, VinGroup, is one of the largest companies in Vietnam and is committed to driving the world towards electric vehicles.
In addition to its electric cars, VinFast offers lease options, mobile services, and a network of VinFast-branded EV chargers to support its customers. The company is also working on other models, such as the VF7 SUV for the U.S. market, positioning itself as a significant player in the electric vehicle industry.
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The company's VF8 model is a compact-ish midsize crossover with a modern touchscreen display
The VinFast VF8 is a compact-ish midsize crossover with a modern touchscreen display. It is offered in two trims: Eco and Plus. The Eco trim is range-focused and estimated to provide a competitive 264 miles of driving on a charge. The Plus trim offers more luxury features, including a panoramic glass roof, leather upholstery, and heated-and-ventilated rear seats. However, the trade-off is a slightly lower range of 243 miles per charge. Both trims come with standard all-wheel drive and a dual-motor powertrain, producing 348-402 horsepower. The VF8's acceleration is respectable for a compact electric SUV, but the early production model had some teething issues, including a bouncy ride on uneven roads and overly stiff power steering.
The interior of the VF8 is spacious, with a large sunroof that extends the feeling of space vertically while brightening up the cabin. The VF8's interior presentation is simplistic and minimal, doing away with traditional driver-facing gauges in favour of a head-up display. The vehicle's infotainment needs are handled by a massive 15.6-inch dashboard-mounted touchscreen display, which also shows vehicle information and can double as a digital gauge display. The modern user interface on the touchscreen enhances the overall experience of the vehicle.
The VF8 is equipped with a range of state-of-the-art technology features, including a 15.6-inch touchscreen, access to VF Online packages, and an AI-powered voice assistant. The voice assistant can be activated by saying "Alexa" or "Hey VinFast", and provides access to a range of functions such as navigation assistance, entertainment, and vehicle data. The vehicle also offers over-the-air (OTA) updates, keeping it future-proof with regular automatic or manual updates to the operating system, apps, and other systems.
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VinFast offers a 10-year/125,000-mile warranty, which is more than competitors
VinFast is an up-and-coming electric vehicle company that is not like your average EV producer. The company is part of VinGroup, one of the largest companies in Vietnam, and aspires to bring about change in the world. VinFast is the zero-emissions automotive arm of VinGroup and is currently deploying its first electric vehicle, the E34, across Vietnam. The company has big plans for the future, with a long line of vehicles slated for production in the coming years.
One of the standout features of VinFast is its impressive 10-year/125,000-mile warranty, which is more comprehensive than what most competitors offer. This warranty includes bumper-to-bumper coverage and an unlimited-mile battery warranty. The lengthy warranty period provides customers with peace of mind, knowing that their vehicle is covered for an extended period. It also demonstrates VinFast's commitment to customer satisfaction and confidence in the quality of its products.
The VinFast VF8, the company's first global market electric vehicle, offers a competitive range and decent performance. It has a modern touchscreen display and a well-appointed interior. The VF8 is offered in two trims: Eco and Plus. The Eco trim provides a higher range, estimated at 264 miles per charge, while the Plus trim offers more luxury features and improved power output.
VinFast's warranty surpasses that of established manufacturers such as Chevrolet, Acura, Mercedes-Benz, Kia, Hyundai, Volkswagen, Honda, Audi, and Jaguar. Most of these competitors offer bumper-to-bumper coverage for only 4-5 years or up to 60,000 miles, with battery warranties extending to 10 years or 155,000 miles. In contrast, VinFast's warranty covers both the vehicle and the battery for a full decade, showcasing the company's dedication to customer assurance and long-term support.
With its extensive warranty, VinFast is challenging the norms of the electric vehicle industry and setting a new standard for customer care. The company's innovative spirit, combined with its focus on performance and customer satisfaction, makes it a brand worth considering for those seeking an electric vehicle with exceptional guarantees and performance.
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VinFast's VF5 model is simple to operate and has a robust 7-year/160,000km warranty
VinFast is an up-and-coming electric vehicle company that is not like the rest. The company is part of VinGroup, one of the largest companies in Vietnam, and has aspirations to make a difference in the world. VinFast is VinGroup's zero-emissions automotive arm, and it is working to rapidly scale production domestically and internationally.
One of the company's electric vehicles is the VF5, which is simple to operate and comes with a robust 7-year/160,000km warranty. The VF5 is part of a long line of VinFast vehicles slated for production in the coming years. The VF5's warranty covers repairs to software, hardware, or manufacturing defects, and includes the replacement or repair of defective parts for a period of 7 years or 160,000 km, whichever comes first, starting from the actual delivery of the vehicle to the first customer.
The VF5 is an excellent choice for those seeking a simple-to-operate electric vehicle with a comprehensive warranty. VinFast's EVs are equipped with human-centred technology that seamlessly improves the driving experience, focusing on the driver. The vehicles are built with premium craftsmanship and the highest quality parts, designed for safety, reliability, and comfort.
The VF5 is an excellent example of VinFast's commitment to providing exceptional features and a seamless driving experience. With its robust warranty, the VF5 offers peace of mind and confidence to its customers.
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Frequently asked questions
VinFast is the zero-emissions automotive arm of its parent company, VinGroup, one of the largest companies in Vietnam. VinFast is not your average electric vehicle company as it was built as part of VinGroup's expansive vision for change in Vietnam and beyond. VinFast's first electric vehicle, the E34, was supported by a network of VinFast-branded EV chargers. The company aspires to rapidly scale production domestically and internationally.
VinFast has produced the VF8, VF9, VF7, VF6, VF5, and VF3. The VF8 is a compact-ish midsize EV crossover with 350 horsepower in Eco trim and 402 HP in the Plus trim. The VF9 is a three-row SUV EV. The VF3 is a small hatchback. The VF5 is a simple electric vehicle to operate, with a shift knob for R, N, and D, a big button to turn everything on, and a traditional handbrake lever.
Some reviews have noted that VinFast vehicles need more work to compete with other electric vehicles in the market. VinFast has faced skepticism following some embarrassing early previews in the US. The company has also faced criticism for its vehicles' lack of interior polish, well-honed road manners, and user-friendly safety tech. Additionally, VinFast has to compete with established global automakers and Chinese EV makers, who have access to state subsidies.
