VinFast announces an updated battery subscription policy for the Philippine market, significantly reducing upfront investment costs and simplifying electric vehicle ownership.
This pioneering policy once again reinforces VinFast’s commitment to a customer-centric approach in advancing green mobility in the Philippines.
In addition to the traditional route of purchasing a vehicle with the battery included, customers can own a VinFast electric vehicle (EV) under a battery subscription model. This option offers a more attractive initial investment, with upfront costs reduced by up to approximately 20 percent depending on the model. Battery subscription fees are applied flexibly, starting from PHP 1,600 per month, based on actual driving distance.
Currency: PHP
| Model | MSRP | Monthly subscription cost | ||
| Battery included | Battery subscription | ≤ 2,000 km/month | ≥ 2,000 km/ month | |
| VF 3 | 745,000 | 590,000 | 1,600 | |
| VF 5 Plus | 1,099,000 | 949,000 | 1,950 | 2,900 |
| VF 6 Eco | 1,499,000 | 1,249,000 | 2,350 | |
| VF 6 Plus | 1,699,000 | 1,409,000 | 2,350 | |
| VF 7 Eco | 1,760,000 | 1,430,000 | 2,650 | |
| VF 7 Plus | 2,380,000 | 1,550,000 | 3,350 | |
| VF 9 Plus | 5,390,000 | 3,845,000 | 3,840 | |
Positioned as a “lifetime battery warranty” solution, VinFast’s battery subscription policy is not only a flexible financial tool that optimizes cash flow, but also a long-term commitment to Philippine consumers. VinFast assumes full responsibility for battery performance throughout the subscription period, including maintenance, repairs, and free replacement when battery capacity drops below 70 percent. In the event of battery damage caused by an accident, VinFast will handle the issue under the battery subscription policy, helping minimize financial risks for customers.
For customers who opt for the traditional vehicle purchase with battery included, VinFast continues to offer comprehensive aftersales benefits, including a battery warranty of up to 10 years or 200,000 km. This dual approach allows Philippine consumers to proactively select the ownership model that best suits their needs and personal financial conditions.
Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia, stated: “With our pioneering battery subscription policy, we aim to remove the biggest concerns of Philippine consumers, helping VinFast electric vehicles become a truly practical and accessible choice for every household when combined with our comprehensive sales and aftersales policies. This also reaffirms VinFast’s commitment to rewrite the rule of the market and create the most favorable conditions for customers in the green transition.”
The updated battery subscription policy complements the comprehensive suite of solutions that VinFast is deploying in the Philippines to remove barriers to EV adoption. Previously, the company introduced initiatives such as free charging at stations operated by strategic partner V-Green, flexible financing packages with low down payments, and a residual value guarantee program ensuring returns of up to 90 percent of the original price.
After more than one year in the Philippine market, VinFast has steadily strengthened its presence with a diverse electric vehicle lineup, flexible sales policies, and a rapidly expanding aftersales service network. Alongside its authorized dealership system, VinFast is working with strategic partners to develop charging infrastructure and service workshops, ensuring that customers in the Philippines can access vehicle care services conveniently and consistently.
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About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.
Learn more at: https://vinfastauto.ph/