These are uncertain times for the automotive industry, with disruptions beyond our control involving disputes we’re not even part of. But we still need to get moving and be on the go, so we make decisions based on the options presented to us.
In its bid to be a serious player in the electric vehicle and mobility segment, VinFast is always giving customers options to better their lives. Ever since it arrived in our market, the Vietnamese carmaker has introduced a pioneering Residual Value Guarantee program and a battery subscription program for its EVs.
Now, VinFast is about to take another step in helping buyers make the transition to EVs. It will introduce a ‘Trade Gas for Electric’ program in the Philippines. This will also be rolled out in other ASEAN markets like Vietnam, India, and Indonesia.
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What the program will do is give an additional 3% discount on cars and an additional 5% discount on electric scooters for customers who are switching from vehicles powerd by traditional internal combustion engines (ICE).
Duong Thi Thu Trang, VinFast deputy CEO of global sales, said: “The special ‘Trade Gas for Electric’ program launching across four key markets this March reflects VinFast’s timely response to geopolitical volatility affecting socio-economic conditions in many countries.
“As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast, together with companies within Vingroup’s green ecosystem, aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”
As VinFast rolls out yet another special program for future owners, this will not affect existing incentives. The idea is for the incentives to be layered. This is to accelerate the switch from ICE to electric, and help reduce the market’s dependence on gasoline and diesel. Because the more choices we have with our mobility, the faster we can move forward.
