On May 26, 2025, VinFast announced that it would officially discontinue its battery leasing policy for electric cars and motorcycles from March 1, 2025, and instead, offer attractive support packages for all vehicles with batteries included. According to VinFast, this adjustment aligns with the practical needs of the market and minimizes customers’ monthly energy costs.
The battery leasing model was VinFast’s initial strategy during its transition to becoming a fully electric car manufacturer. It aimed to reduce the total upfront cost, making electric vehicles more accessible and affordable for customers. After more than three years of successful implementation, this policy has now come to an end.
VinFast discontinues its battery leasing policy for electric cars and motorcycles.
Customers who currently own electric cars or motorcycles under the battery leasing model have the option to either continue with the current policy or choose to purchase the batteries from VinFast at a discounted price. Additionally, VinFast is offering extended support to electric car owners by providing free battery charging for an additional six months, until December 31, 2027.
Regarding electric motorcycles, VinFast plans to install convenient charging stations at authorized dealers and stores nationwide, offering free battery charging for one year.
As of the end of 2024, VinFast had delivered a total of 97,399 electric cars, 70,977 electric motorcycles, and e-scooters globally. In the Vietnamese market, VinFast has become the leading automotive brand, with a diverse range of electric vehicles across mini-SUV and E-SUV segments, outperforming both domestic and foreign gasoline and electric car manufacturers. For 2025, VinFast aims to double its global vehicle deliveries compared to the previous year.
The Automotive Industry in Vietnam: Speeding Ahead with a 22% Growth Rate, Selling Nearly 500,000 Vehicles in 2024
In 2024, the Vietnamese automotive market witnessed a remarkable surge, with a total of 494,310 vehicles sold—a substantial 22% growth from the previous year. This equates to an average of 1,354 vehicles finding new owners every single day.
VinFast Delivers Over 12,500 Electric Cars in February 2025
VinFast has announced an impressive feat, delivering over 12,500 electric vehicles in February 2025 to the Vietnamese market. This significant milestone solidifies their dominant position in the domestic automotive industry, showcasing their unwavering commitment to leading the EV revolution in Vietnam and beyond.
VinFast and Indonesian State-Owned Bank Sign Agreement to Advance Green Transition
At the Vietnam-Indonesia High-Level Business Dialogue, themed “Vietnam – Indonesia: A Partnership for Progress and Prosperity”, General Secretary To Lam, along with Vietnamese and Indonesian ministers, witnessed the signing of a Memorandum of Understanding (MoU) between VinFast and Indonesia’s state-owned Bank Negara Indonesia (BNI).
VinFast: Among the Top 500 Best Companies in Asia-Pacific for 2025
VinFast, the Vietnamese automotive manufacturer, has achieved a remarkable feat by not only surpassing established automobile brands but also being the sole Vietnamese company to make it into the top 200 of this prestigious ranking.
“VinFast Makes TIME’s List of 500 Best Companies for 2025”
VinFast has been ranked 101st by TIME Magazine in their list of top 500 “Asia-Pacific’s Best Companies of 2025.” This prestigious recognition highlights VinFast’s remarkable growth and impact in the region, showcasing its innovative spirit and dedication to excellence.
