Categories: Business NewsCars

VinFast officially launches VF 5 electric SUV for sale in the Philippines

MANILA, PHILIPPINES – Media OutReach Newswire – 20 July 2024 VinFast Auto has officially announced the pricing and opened reservations for the VF 5 electric SUV in the Philippines, just over a month after debuting the brand in the market.

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VinFast VF 5 model is officially on sale in the Philippines.

The VF 5 electric SUV is priced at 1,191,000 Pesos with battery. In addition, VinFast also offers an attractive battery subscription program that is optimized for the diverse mobility needs of each customer. Under the battery subscription program, the VF 5 has the price of 992,000 Pesos.

The battery subscription plan for the VF 5 offers monthly fees based on driving distance, with customers paying 5,800 Pesos for a maximum of 1,500 km per month.

Starting from July 20, 2024, customers in the Philippines can place a reservation for the VF 5 electric car with a deposit of 5,000 Pesos per vehicle at VinFast’s dealership showrooms (the reservation is refundable under VinFast’s policy).

Customers will receive a direct discount of 50,000 Pesos and freebies worth more than 50,000 Pesos per vehicle.

Customers will also receive support for payment of 69,000 Pesos or 99,000 Pesos per vehicle when completing the purchase through bank loan or direct payment methods, applicable to purchase with and without battery subscription respectively.

Ms. Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, shared: “We are delighted to officially enter the Philippines, one of Southeast Asia’s most promising electric vehicle markets. By launching the VF 5 and introducing our unique battery subscription program to local consumers, we reaffirm our commitment to providing high-quality, affordable products with excellent after-sales services. We hope that VinFast electric cars will soon become the daily mode of transportation for everyone, contributing to the green transportation movement in the Philippines.”

Staff Writer

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