In January, Vietnam’s budding automaker VinFast revealed renderings of 3 of its new electric crossover SUVs after it was reported in December 2020 that the company will introduce 11 new vehicles in upcoming years. Design sketches of these new models were also shared in our earlier post.
And now Vietnam’s first electric car, the VinFast VF e34 has just made its debut with a price tag starting from 690 million VND (US$ 29,819 / PKR 46.17 lac). Early customers who place bookings prior to June 30, 2021 can take advantage of special pricing at 590 million VND (US$25,496 / PKR 39.48 lac) along with a 1-year free battery subscription.
The vehicle is available for booking in its home market with deliveries set to commence towards the end of this year. Vinfast has also set up a joint venture with Taiwan’s ProLogium for the production of Solid-State EV battery packs. The Vietnamese company also has plans to export its premium electric cars by 2022.
VF e34 (codenamed VF31) is a C segment electric car that measures 4,300mm in length, 1,793mm in width and 1,613mm in height with a wheelbase of 2,611mm. The vehicle is powered by an electric motor using a 42-kWh battery making 110 kW of power and 242 Nm of torque while offering a drive range of 300 km in a complete charge.
The VF e34 also comes with remote software update, vehicle issue diagnosis and warning, remote customer support, itinerary planning and a charging station location guide. VinFast is also offering a 10-year warranty for the e34. The company has also announced that it will donate $1700 to each customer who trades a combustion-engine vehicle to an EV.
VinFast will also be setting up fast charging stations across Vietnam. The company targets around 40,000 electric car charging points in 63 provinces and cities by the end of this year.
VinFast is eyeing to become a global tech automobile brand after only 3 years of operations, since its inception in 2017. The Vietnamese company plans three smart EV models that will be ready to hit global markets from the end of 2021. Each of these models will come in with AI and state of the art features that will mark an important milestone for the company in an endeavor to become a global smart EV manufacturer.
Besides its ambitions in electrification, VinFast is also in process of tapping the US & Australian market, and is also testing its vehicles in South Africa. According to company, it will eventually start exports hoping to be a top car manufacturer in ASEAN, making 500,000 cars per annum by year 2025. It expects to produce 100,000 to 200,000 vehicles per year in the first phase.