November 13, 2024

VinFast Is Vietnam's Best-Selling Car Brand


VinFast is the best-selling automotive brand in its home market of Vietnam both for the month of October and for the first 10 months of 2024.

Over 11,000 EVs were delivered to domestic customers in October, a 21 percent increase from September. This brings its total sales since the beginning of the year to over 51,000 EVs.

The VF 3 and VF 5 were the top-selling models, with nearly 5,000 and over 2,600 units sold, respectively. With a strong foundation of pre-orders, robust production capacity, a growing dealership network, and a nationwide charging infrastructure, VinFast is well-positioned for continued growth and market dominance.

VinFast has achieved a significant milestone by becoming the first local brand to outsell foreign brands in its home market after just over five years of operation. Additionally, VinFast is the first EV brand in Vietnam to outsell gasoline-powered competitors, achieving this feat just two years after transitioning to a pure-play EV company. VinFast’s achievement makes Vietnam one of the few countries where EVs lead the automotive market.

The Vietnamese carmaker currently offers seven electric vehicle models across various segments in its home market, from compact SUVs to large electric SUVs. With competitive pricing, VinFast’s EVs offer compelling value propositions compared to gasoline-powered vehicles in the same segments.

In the Philippines, VinFast has quickly established its presence by launching three models: the VF 5, VF 3, and VF 7, to cater to diverse customer preferences. With multiple dealerships already operational and more on the way, VinFast is dedicated to serving the Filipino market and positively contributing to the country’s transition to sustainable mobility.

3 comments:

  1. VF3 has good looks and good ground clearance

    ReplyDelete
  2. VF3 minicar needs a 4 seater version
    It'll sell very well if that happens
    Vinfast should focus more on affordable EVs

    ReplyDelete
  3. Lol. And 70% of those numbers are cars sold to their own sister companies - GSM and FGF. A quick google search will give you that. Its really astonoshing how they deceive people with their substandard cars.

    ReplyDelete

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