VinFast hints at €10,000 electric city car

VinFast shares ambitions

VinFast hints at €10,000 electric city car

Recently we were able to tell you the Dutch prices for the first VinFast models delivered in Europe. These are electric SUVs for from €53,900. In the long term, however, the Vietnamese VinFast also wants to compete in completely different price segments, as it now appears. At an annual meeting, VinFast founder Pham Nhat Vuong alluded to an electric car costing “$10,000 to $12,000,” Reuters reports.

This year, the Vietnamese VinFast will start delivering cars in Europe, including the Netherlands. The initial range of the still relatively young brand consists of the VinFast VF6, VF7, VF8 and VF9. All four are fully electric crossovers or SUVs. We already know a number of prices from the VF8 and VF9, not surprisingly the two largest. The former has starting prices between €50,000 and €60,000. Top model VF9 costs from €91,300 and is therefore a bit more expensive, although you get a whopping 123 kWh battery pack for that money.

It is not yet clear when exactly VinFast will start delivering in Europe, while the first cars are already driving around in the United States – where the brand is also new. VinFast’s new export markets should ensure that the car manufacturer will sell about seven times more EVs worldwide in 2023 than in the past year, although it was not really a storm then. And that’s not surprising, because until recently VinFast only sold its wares in Vietnam. ‘Seven times more’ equates to global sales of 40 to 50,000 fully electric cars in 2023.

Electric VinFast for around €10,000

It is clear that this may increase considerably in the future. VinFast founder Pham Nhat Vuong also indicated at his annual meeting that VinFast is planning the introduction of an electric car that should cost “between $10,000 and $12,000” (around €10,000). That would be a small city car. The brand also wants to launch an electric pick-up on the (American) market. However, Nhat Vuong is not yet commenting on the period in which the electric family expansion must take place.

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– Thanks for information from Autoweek.nl

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