May 11, 2022

VinFast launches usage-based battery rental for VF 8 and VF 9 models

Vietnamese automaker VinFast has announced pricing for its battery rental program in the United States along with detailed pricing for the VF 8 and VF 9 all-electric SUVs. VinFast will sell its models separately from the batteries which will be offered in two rental plans. different subscription based on usage.

Starting with battery rental options, the Flexible plan has a monthly fee of $35 for the VF 8 and $44 for the VF 9, allowing up to 310 miles of travel each month. If customers exceed this number, VinFast will charge them $0.11 per mile for VF 8 and $0.15 per mile for VF 9.

Also read: VinFast partners with Electrify America to offer Plug & Charge access to the charging network

Those who travel more and don’t like the restrictions can opt for the fixed plan which allows unlimited autonomy and costs $110 for the VF 8 and $160 for the VF 9. As a welcome gift to the first customers who make reservations and deposits in 2022, VinFast offers the Fixed Package as a guaranteed lifetime subscription that will automatically transfer to the future owner of the vehicle if the original purchaser decides to sell it.

The option of renting the battery instead of buying it with the car has certain advantages. VinFast offers a lifetime warranty on the battery, which means it will cover all maintenance and repair costs, and even replace the battery for free when its capacity drops below 70%. The automaker suggests its current battery subscription policy will continue until the end of 2023. After that, it plans to move to a 50-50 lease-to-own scheme.

Also Read: Vinfast and Pininfarina VF 8 and VF 9 Electric SUVs Will Have Up to 402 HP, Range Over 300 Miles

Moving on to actual vehicles, the VF 8 and VF 9 are the first of many all-electric SUVs from VinFast. They are expected to arrive in US dealerships in the second half of the year, except for the long-range variants of the VF 9 which will follow in 2023.

The models will be available in two versions – Eco and Plus – which can be combined with two battery outputs. Depending on the specifications, the range varies between 248 and 292 miles for the VF 8 and between 262 and 369 miles for the VF 9. Note that the cost of the batteries is not included in the price since buyers rent them after the vehicle purchase.

VF 8 Eco – $40,700 / $41,000
VF 8 Plus – $47,700 / $48,000
VF 9 Eco – $55,500 / $56,000
VF 9 Plus – $60,500 / $61,000

During the 2022 New York International Auto Show, VinFast will offer trips to VF 8, allowing potential customers to experience the Smart Services suite that will be offered with its models. VinFast recently announced its own electric vehicle assembly plant in North Carolina, with the first vehicles expected to roll off the line by 2024.

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