VinFast is also taking reservations on the VF9, a flagship, three-row, 7-seater crossover that delivers up to 330 miles of range with a starting price of $83,000. Plans are in place for smaller VF6 and VF7 crossovers to slot below the VF8 and VF9. A few months later, the company announced a 6.5-billion-dollar investment in North Carolina for a state-of-the-art assembly plant that’ll be operational as of 2024. Despite only beginning to make cars four years ago, VinFast has emerged as an aggressive industry competitor with an all-in approach to EVs. It says it will not make combustion engine vehicles after this year.
Thanks to a wildly fluctuating stock price, you may have seen the name VinFast in the news lately. In case you wondered just what it is — and whether Dom Toretto is involved — here’s everything you need to know. Fleetingly the world’s third-most valuable automaker, Vietnam’s new EV manufacturer lexatrade review is coming to America. It operates in things like the scooter business, buses, medical clinics, tourism, real estate and even education. The company is currently evaluated at $3 billion in the US stock market. To provide you with the best pricing experience, please select your nearest province.
- VinFast offers a wide range of options for all Canadians.
- 5) Vehicle may show optional accessories that are not included in base vehicle and that are subject to availability.
- VinFast then covers the battery with a lifetime warranty, will take care of recycling dead batteries, and even offers a free replacement if the battery degrades past 70%.
- They will all be SUVs that’ll range from sub compact to midsize.
- Details on this model are still somewhat scarce, but VinFast did release a few specifications.
- A VF 8 Eco pumps out 348 horsepower and 368 lb-ft, while a Plus cranks things up to 402 horsepower 457 lb-ft.
Newcomer Vietnamese automaker VinFast has released the pricing for the first two of its SUV models coming to Canada, with the VF 8 (formerly e35) starting at $51,250 and the VF 9 (formerly e36) at $69,750. However, VinFast does not appear to be selling many vehicles so far. The company recently revealed that 7,100 of its 11,300 global sales in the first half of 2023 were to Green and Smart Mobility, a Vietnamese taxi firm controlled by Vingroup. VinFast stock surged to a value of $82.35 on August 28th. This pushed its market cap higher than every automaker globally except Tesla and Toyota. It has since plummeted below $20, about where it was before the rally started.
Sign up here to find out more about the exceptional features crafted into every VinFast, and our mission to drive the world to switch to electric vehicles. By comparison, the VF 9 is a seven-seated full-size crossover with an expected range of 550 km. It has the same amount of horsepower and torque as the VF 8 but instead can give drivers 0-96 kph acceleration in 6.5 seconds. The VF 8 is a mid-size crossover with five seats and an estimated range of 504 kilometres. The company also says the car can go from zero to 96 kph in 5.5 seconds. However, the company’s operational center is still in Vietnam.
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This award recognizes VinFast’s unwavering commitment to the highest class of safety ratings for its new range of electric vehicles over the next two years. This includes committing to achieve five stars from the NHTSA (National Highway Traffic Safety Administration) in the USA, 5-star Euro NCAP in Europe. Significantly, these prices don’t include the cost of the vehicle battery. Instead, a Vinfast customer will lease their vehicle’s battery for an as-yet undisclosed monthly fee.
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Here’s a full breakdown of this intriguing new carmaker. 4) Images and videos shown contain pre-production level vehicles. VinFast’s range ratings are based on the WLTP ratings schedule. Other benefits that come with the program include a ifc broker free mobile charger for the vehicle, ADAS and Smart Service packages and a seven-day vacation at a resort in Vietnam. Canadians can reserve either vehicle online at the VinFast website up to April 5 with a fully refundable $250 deposit.
It’ll come by default with dual motor all-wheel drive, with horsepower and torque ranging between two trim levels. A VF 8 Eco pumps out 348 horsepower and 368 lb-ft, while a Plus cranks things up to 402 horsepower 457 lb-ft. Experts share how to bring electric vehicles into your fleet. VinFast views Canada as a key market, previously telling Electric Autonomy Canada that the company plans to open 38 retail showrooms, combined sales and service facilities and service-only locations by the end of 2023. The locations of these facilities will primarily be in Quebec, B.C. The price of the seven-seat VinFast VF 9 in Canada, meanwhile, exceeds the iZEV’s $55,000 base price cut-off for EVs with seven seats or more; neither does it qualify for any provincial incentives.
Best Mid-Size SUVs in Canada: Our 10 Top Picks
They will all be SUVs that’ll range from sub compact to midsize. One of them, the VF 7, even looks like a lifted station wagon. We’ll tell you more about these upcoming VinFast models once the carmaker releases more information on them. The VF 9 is scheduled to hit the Canadian market late 2022, also as a 2023 model. It’s a much larger SUV than the VF 8, sitting more in a midsize to full-size space, with seating up to seven passengers. Details on this model are still somewhat scarce, but VinFast did release a few specifications.
Initial plans called for Tesla-like direct-to-consumer sales, but VinFast is open to working with dealerships. The VF 8 and VF 9 are two of five all-electric vehicles the automaker is bringing to Canada over the next few years. The first car on sale is the VF8, a midsize, five-seater crossover. An early VF8 city edition achieved around 200 miles of range with less sophisticated battery tech.
The VF 8 Plus sells for $58,350 with the Variant 1 and $59,750 with the Variant 2. Customers must then lease their battery through a subscription plan that is either fixed or variable. Whether you’re looking for a full size family haulerto a compact urban crawler. VinFast offers a wide range of options for all Canadians. Both models come with 11 airbags and several driver assistance technologies, such as virtual assistant, traffic jam assist, highway assist, automatic lane changing assist, parking assistance and remote parking. We believe a sustainable future is only possible when everyone can enjoy access to smart, safe, and environmentally friendly EVs.
It utilizes a larger, 92 kWh (usable) battery which also powers two motors, for standard all-wheel drive. And just like its little brother, it can be had in an Eco or Plus version. Horsepower and torque however stay the same for both trims, at 402 horsepower and 457 lb-ft respectively. At the 2021 Los Angeles auto show, VinFast unveiled the VF 8 and VF 9 electric SUVs with promises that these will be the first models to hit our market. Designed by Pininfarina and sitting in midsize and full-size segments, the VF 8 and VF 9 would be sold under a battery subscription service, a first here in North America.
The VF 9 Plus Variant 1 is rated at 423 km, while the Variant 2 gets 580 km, again, according to WLTP protocols. 5) Vehicle may show optional accessories that are not included in base vehicle and that are subject to availability. By signing up you agree to receive email paxful review from VinFast Canada containing news, updates and promotions. More information related to our Privacy Policy is available here. VinFast EVs are built with premium craftsmanship and the highest quality parts designed for safety, reliability, and comfort on every journey.
