VinFast Leads EV Revolution with Expansive Charging Network and Innovative Ownership Ecosystem
March 28, 2025
While legacy automakers are investing in battery technology and infrastructure, they face challenges in fully transitioning to electric production, unlike VinFast's dedicated approach.
This extensive charging infrastructure has propelled VinFast to become the leading EV brand in Vietnam by 2024.
VinFast is revolutionizing the electric vehicle (EV) market by creating a comprehensive ownership ecosystem that extends beyond just manufacturing cars.
Backed by Vingroup, VinFast is able to invest in long-term infrastructure development, prioritizing sustainability over immediate profits.
A robust network of charging stations and service centers is crucial for mass EV adoption, alleviating consumer fears about charging accessibility.
In Vietnam, VinFast has established an extensive network of charging stations, placing them every 3.5 kilometers in cities and every 65 kilometers on highways, surpassing U.S. guidelines.
The company is also expanding its charging network in Indonesia, with plans to install 30,000 chargers by 2025 and an additional 100,000 in partnership with others.
In Canada, VinFast offers competitive leasing options and a 10-year/100,000 km warranty, while integrating its app with 95% of public charging stations across North America.
To further enhance ownership appeal, VinFast provides a buyback program that covers up to 90% of the vehicle's original price.
Despite global electric vehicle sales reaching a record 17.1 million units in 2024, many consumers remain hesitant to switch from traditional vehicles due to concerns like range anxiety.
Summary based on 1 source
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Yahoo Finance • Mar 28, 2025
The EV Revolution Needs More Than Cars, And VinFast Knows It