VinFast redefines EV ownership in the Philippines with battery swapping, guaranteed buy-backs, and the VF3 starting at just ₱590,000
– Alex A – Lifestyle On Wheels
VinFast brought the “Vietnamese spirit” of hospitality and innovation to the Philippine automotive stage. The center of attention at the landmark event in ASCOT in BGC is the pioneering Battery Subscription and Swapping Program. This is designed to make EV ownership as personal as it is practical.
Tackling the two biggest hurdles to EV adoption is the high upfront costs and battery longevity. VinFast decoupled the battery from the vehicle. This made the initial investment for the VF3 drop from ₱750k to an accessible ₱590k. Through the VIN ENERGO program and strategic banking partnerships, financing is streamlined. The guaranteed buy-back scheme ensures high residual value. This gives cofidence on protecting your asset even after years of use.
The “peace of mind” factor is bolstered by a lifetime battery guarantee for subscribers. VinFast assumes full responsibility for the battery’s health. If the State-of-Health (SoH) falls below 70%, it is replaced at no cost. This eliminates the fear of inheriting an “old” battery. While VinFast’s rigorous cabinet system ensures every swapped unit, this also ensures subscribers meet high performance standards from the brand.
Furthermore, the subscription model lowers insurance premiums and offers a mileage-based fee structure. It is a good and ideal setup for both private owners and the fleet accounts joining the program early this year. With new models like 7-seater MPVs on the horizon, VinFast is not just selling cars. This offers a future-proof mobility ecosystem rooted in certainty and personal care.
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