Latest news with #VF8
Business Wire
7 hours ago
- Automotive
- Business Wire
Electric Cars Are the Future. VinFast Wants to Make Owning One Effortless
MARKHAM, Ontario--(BUSINESS WIRE)-- VinFast's strategy in Canada centers on giving owners confidence in their purchases, with its two SUV models backed by an industry-leading 10-year warranty. Today's EVs are safer, smarter and more reliable than ever. Advances in battery technology, onboard software and vehicle design have brought features once exclusive to luxury sedans into the mainstream. Every new model, even in the mid-price segment, offers compelling range, high-resolution touchscreens and advanced driver-assist systems that rival those of long-established brands. Yet the true test of any car comes after the sale. Drivers know that prompt, competent service can make or break long-term satisfaction. A delayed repair or an unresponsive service can quickly turn early enthusiasm into buyer's remorse. And in Canada, a robust warranty and a dependable service network are essentials in a country that spans six time zones and a climate that ranges from bitter cold to scorching heat. VinFast's approach begins with one of the most generous warranty packages the industry offers. Each of its models—the mid-size VF 8 with up to 412 km of range and the full-size VF 9 that seats seven—carries a 10-year or 200,000-kilometre bumper-to-bumper guarantee and a 10-year unlimited-km battery warranty under normal usage. '10-year warranty is definitely the easy decision to pick up the VF8 and additional peace of mind,' said retiree Dien Do, a VF 8 owner. For charging convenience, VinFast has partnered with local networks and integrated its mobile app with 95 percent of public charging stations across North America. The VinFast app provides more public charging options than any other OEM or third-party app, granting owners access to over 100,000 Level 2 AC and DC fast chargers . It also enables users to book service appointments and summon roadside assistance through a single interface. Industry data underline the importance of these measures by VinFast. A 2024 survey by Capgemini Research Institute found that 57 percent of car owners who are unhappy with post-purchase service would consider switching brands within 18 months 1, and nearly 80 percent rank warranties as a key factor in their buying decision 2. By combining class-leading coverage with local service partnerships, VinFast aims to convert these wary customers into lifelong advocates. But VinFast's commitment goes beyond warranties and service accreditation. The company offers software updates for infotainment and driver-assist systems. Whether it's refining the user interface or improving the drive handling or even adding new features, these upgrades keep vehicles performing at their best. For Canadian drivers weighing their first EV purchase, VinFast's model offers a clear proposition: two well-equipped SUVs, one of the strongest warranty packages in the business, and a growing network of service partners across the country. Its focus on after-sales support represents a practical step toward making electric-vehicle ownership as effortless as promised.
Mid East Info
06-08-2025
- Automotive
- Mid East Info
Vingroup and VinFast: Vietnam's EV Brands Shaping a Green and Technological Future
Dubai, UAE – In an era when sustainability and innovation define progress, Vingroup and its automotive subsidiary VinFast are emerging as powerful symbols of Vietnam's commitment to a smarter, greener future. Together, these two dynamic brands are reshaping perceptions of Vietnamese enterprise on the global stage, combining practical technology, strategic vision, and a growing focus on environmental responsibility. As Vietnam's largest private economic group, Vingroup has laid the foundation for this success through decades of investment across technology, real estate, and healthcare. This diversified strength has empowered VinFast to pursue an ambitious international expansion and deliver electric vehicles that have already entered markets such as North America, Europe, Indonesia, the Philippines, with plans underway for the Middle East. In 2024, Just eight years after its founding, VinFast became the best-selling car brand in Vietnam, a milestone that reflects the country's growing manufacturing capabilities and its progress toward a greener economy. With the backing of Vingroup, VinFast is not just building electric vehicles; it is demonstrating the competitiveness of Vietnamese manufacturing and clean-tech innovation on a global platform. Their mission is to make smart, zero-emission transportation accessible to everyone, while helping communities and governments achieve their climate goals. VinFast's rapid rise captures Vietnam's aspirations to lead in green mobility and technological innovation. From its smart manufacturing facilities and advanced battery research to its collaboration with renowned design studios like Pininfarina, the company's approach reflects a bold, future-focused mindset. Its growing portfolio of all-electric SUVs, including the VF 8 and VF 9, combines intelligent connectivity, refined aesthetics, and zero-emission performance. The synergy between Vingroup's economic leadership and VinFast's technological momentum also resonates strongly in the Middle East, where countries are accelerating green transition agendas. As the UAE and the wider region set ambitious targets for decarbonization and clean mobility, VinFast's arrival underscores a shared commitment to innovation, energy transformation, and sustainable growth. In uniting a heritage of visionary entrepreneurship with advanced EV technology, Vingroup and VinFast are charting a path forward for Vietnam, and for a new generation of global consumers who expect performance, environmental responsibility, and progress in equal measure.
Web Release
05-08-2025
- Automotive
- Web Release
Vingroup and VinFast: A Duo Representing Vietnam's Green and Technological Future
In an era when sustainability and innovation define progress, Vingroup and its automotive subsidiary VinFast are emerging as powerful symbols of Vietnam's commitment to a smarter, greener future. Together, these two dynamic brands are reshaping perceptions of Vietnamese enterprise on the global stage, combining practical technology, strategic vision, and a growing focus on environmental responsibilty. As Vietnam's largest private economic group, Vingroup has laid the foundation for this success through decades of investment across technology, real estate, and healthcare. This diversified strength has empowered VinFast to pursue an ambitious international expansion and deliver electric vehicles that have already entered markets such as North America, Europe, Indonesia, the Philippines, with plans underway for the Middle East. In 2024, Just eight years after its founding, VinFast became the best-selling car brand in Vietnam, a milestone that reflects the country's growing manufacturing capabilities and its progress toward a greener economy. With the backing of Vingroup, VinFast is not just building electric vehicles; it is demonstrating the competitiveness of Vietnamese manufacturing and clean-tech innovation on a global platform. Their mission is to make smart, zero-emission transportation accessible to everyone, while helping communities and governments achieve their climate goals. VinFast's rapid rise captures Vietnam's aspirations to lead in green mobility and technological innovation. From its smart manufacturing facilities and advanced battery research to its collaboration with renowned design studios like Pininfarina, the company's approach reflects a bold, future-focused mindset. Its growing portfolio of all-electric SUVs, including the VF 8 and VF 9, combines intelligent connectivity, refined aesthetics, and zero-emission performance. The synergy between Vingroup's economic leadership and VinFast's technological momentum also resonates strongly in the Middle East, where countries are accelerating green transition agendas. As the UAE and the wider region set ambitious targets for decarbonization and clean mobility, VinFast's arrival underscores a shared commitment to innovation, energy transformation, and sustainable growth. In uniting a heritage of visionary entrepreneurship with advanced EV technology, Vingroup and VinFast are charting a path forward for Vietnam, and for a new generation of global consumers who expect performance, environmental responsibility, and progress in equal measure.
Business Wire
05-08-2025
- Automotive
- Business Wire
VinFast's VF 8 Challenges Assumptions on EV Trade‑Offs
MARKHAM, Ontario--(BUSINESS WIRE)-- As Canada races toward its all‑electric 2035 goal, the VinFast VF 8 positions itself to win over drivers torn between ambition, affordability and practicality—showing that going green can mean gaining more, not giving up. The clock is ticking toward 2035, when Canada plans to require all new cars to run on electricity. Yet two-thirds of Canadians say this goal is unrealistic 1, with paused rebates and tariff disputes adding to the feeling that drivers shoulder the risks of this transition. Surveys suggest that interest in electric vehicles (EVs) persists, provided affordability and practicality come first. A June survey found that 45 percent of Canadians are considering an EV for their next purchase 2. And J.D. Power's 2025 Canada Electric Vehicle Consideration Study shows a steady 28 percent of new-vehicle shoppers 'very likely' or 'somewhat likely' to consider an EV, down just one point from 2024 despite the suspension of the federal Incentives for Zero Emissions Vehicles program. With early adopters largely accounted for, the next wave of buyers represents the mass market, often driven more by technology than ideology. The trend is prevalent particularly in younger generations: 54 percent of Millennials and 51 percent of Generation Z say their next car will likely be electric 3. Growing up with smartphones, they likely expect vehicles that update overnight, store preferences and integrate features like voice-controlled heated steering wheels. Of course, concerns persist. For drivers without home charging, 74 % say reliable public fast-charging is a deciding factor in any future EV purchase 4. Price is another hurdle: the average EV in Canada costs about C$73,000, compared to C$66,000 for a new ICE vehicle, according to the latest available Canadian Black Book data 5. An Upgrade Without Compromise The VF 8, a mid-size SUV from EV maker VinFast—the top-selling car brand in Vietnam in 2024—offers an alternative. Many Canadians still fear that going electric requires compromise. The VF 8 aims to counter that perception by combining range, performance and everyday usability at a lower price. Starting at C$53,600, roughly C$20,000 below the Canadian EV average, it delivers up to 412 kilometers per charge, 402 horsepower and accelerates from 0 to 100 km/h in 5.5 seconds. Its 15.6-inch touchscreen integrates entertainment, Alexa-powered voice commands and direct Spotify streaming. Owners can pre-condition the cabin or schedule charging via an app. Safety features, including 11 airbags, a head-up display and an automatic emergency alert system, come standard. Charging access is integrated into ownership. VinFast's app connects drivers to more than 100,000 public charging stations across North America and manages service appointments and roadside assistance, a level of coverage the company calls the most comprehensive among EV brands. As policy debates continue, the shift to EVs may be driven less by mandates than by vehicles like the VF 8 that deliver clear value. Many buyers arrive expecting compromises but leave with a car priced below the EV average, equipped with familiar technology and meeting everyday needs for comfort and peace of mind. That change in expectation could matter more than any government deadline.
Yahoo
31-07-2025
- Automotive
- Yahoo
VinFast Secures First California Dealership
VinFast Auto Ltd. (NASDAQ:VFS) is among the 12 Best EV Charging Stocks to Buy According to Hedge Funds. VinFast Auto Ltd. (NASDAQ:VFS) has taken a significant step in its U.S. growth strategy by opening its first authorized dealership in California. A pristine electric vehicle parked in front of a modern Gothenburg skyline. Sunroad Automotive Group operates the dealership in San Diego, where it sells the VF 8 mid-size and VF 9 full-size electric SUVs. It delivers qualified support and extensive after-sales services. The firm's worldwide dealership rollout, which currently has over 30 locations across 15 states, made California a primary priority because of the state's burgeoning EV industry. VinFast Auto Ltd. (NASDAQ:VFS) changed to a franchise dealership model in 2023 for better productivity. The VF 8 starts at $39,900 (Eco) and $44,900 (Plus), with leases starting at $269/month, whereas the VF 9 starts at $62,900, with leases beginning at $449/month. Both versions have a 10-year unlimited-mileage battery guarantee and a 10-year/125,000-mile vehicle warranty. VinFast Auto Ltd. (NASDAQ:VFS) is still growing internationally, focusing on the Middle East, Europe, Indonesia, India, and the United States. It is among the Best EV Stocks. While we acknowledge the potential of VFS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
