VinFast modifies its electric scooter battery rental policy: maximum of 350,000 VND/month, limited travel distance.

Changes to the LFP battery rental policy may put VinFast electric scooters at a disadvantage in terms of competition.

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Yesterday, on July 1, 2023, VinFast Trading and Service Limited Liability Company announced a new battery subscription policy for electric motorcycles using LFP batteries. This policy applies to VinFast’s electric motorcycle models, which are Evo200 Lite, Evo200, Feliz S, Klara S (2022), Theon S, and Vento S, as follows.

Battery rental policy for Evo200 Lite

Vehicle purchase time and battery rental contract activation Before 20/06/2023 20/06 – 30/06/2023 01/07 – 20/09/2023 From 21/09/2023
LFP 3.5 kWh battery rental policy 350,000 VND/month unlimited km

– Promotion: 199,000 VND/month unlimited km for the first 3 months from the activation of the battery rental contract.

– After 3 months, the battery rental contract automatically switches to the 350,000 VND/month package, with a maximum distance of 1,000 km/month and an additional fee of 429 VND/km.

– Promotion: 199,000 VND/month unlimited km for the first 3 months from the activation of the battery rental contract.

– After 3 months, the battery rental contract automatically switches to the 350,000 VND/month package, with a maximum distance of 500 km/month and an additional fee of 429 VND/km; or switch to renting a 1.9 kWh battery according to the price and conditions of the 1.9 kWh battery.

– 350,000 VND/month

– Maximum distance: 500 km/month

– Additional fee of 429 VND/km

– Or switch to renting a 1.9 kWh battery according to the price and conditions of the 1.9 kWh battery.

Battery rental policy after adding a 1.9 kWh battery to LFP battery

Customers can choose to continue the current battery rental package or choose one of the two following packages:

– Package 1 (3.5 kWh battery): 350,000 VND/month, maximum distance of 500 km/month, additional fee of 429 VND/km.

– Package 2 (1.9 kWh battery): 199,000 VND/month, maximum distance of 500 km/month, additional fee of 429 VND/km.

Battery rental policy for Evo200, Feliz S, and Klara S (2022)

Vehicle purchase time and battery rental contract activation Before 01/07/2023 From 01/07/2023
LFP 3.5 kWh battery rental policy 350,000 VND/month unlimited km

– 350,000 VND/month

– Maximum distance: 500 km/month

– Additional fee of 429 VND/km

– Or switch to renting a 1.9 kWh battery according to the price and conditions of the 1.9 kWh battery.

Battery rental policy after adding a 1.9 kWh battery to LFP battery

Customers can choose to continue the current battery rental package or choose one of the two following packages:

– Package 1 (3.5 kWh battery): 350,000 VND/month, maximum distance of 500 km/month, additional fee of 429 VND/km.

– Package 2 (1.9 kWh battery): 199,000 VND/month, maximum distance of 500 km/month, additional fee of 429 VND/km.

Battery rental policy for Vento S and Theon S electric motorcycles

Customers who purchase the motorcycles before July 1, 2023 will only be eligible for the fixed 3.5 kWh battery rental package at a price of 350,000 VND/month, with unlimited km.

Customers who purchase the motorcycles from July 1, 2023 will be eligible for the new battery rental policy for the 3.5 kWh battery at a price of 350,000 VND/month for a maximum distance of 500 km/month. For each additional km, customers will have to pay an extra fee of 429 VND/km.

Conditions for enjoying the new battery rental policy

With the new policy, customers are not required to make a battery rental deposit and will enjoy the battery rental policy based on the price at the time of signing the contract. The battery rental package is associated with the vehicle identification number (VIN) and not tied to the vehicle owner.

Owners of LFP battery-powered motorcycles can choose to maintain the old policy or switch between the 3.5 kWh and 1.9 kWh battery rental packages with a conversion fee of 600,000 VND/time. The battery rental contract has no fixed duration and lasts until the customer no longer needs it or cancels the vehicle.

For LFP batteries, customers are required to make payment by the 5th of the following month for the full monthly battery rental fee of the previous month. Payment can be made online through the VinFast E-scooter application or directly at VinFast showrooms/dealers nationwide.

Regarding aftersales service, VinFast will replace the rental battery for free when the battery is damaged/faulty due to the manufacturer or the battery’s charge state drops below 70%. Moreover, customers will also enjoy free maintenance policies (if any).