VinFast says battery-lease mannequin higher for shoppers, however would require additional math

VinFast mentioned the leasing plan has necessary benefits over paying for the battery upfront.

“By separating the worth of the battery from the acquisition worth of the auto, VinFast takes on all of the dangers associated to the car’s battery and ensures an inexpensive value for its merchandise,” the corporate mentioned. “VinFast additionally commits to supply a lifetime battery guarantee masking all upkeep and restore prices, and can change the battery free of charge when charging capability dips beneath 70 p.c.”

Though there isn’t a mechanism to decide out of the battery lease, the automaker mentioned final week that the associated fee construction might change in 2024. With out offering particulars, VinFast mentioned the full value of the battery may very well be cut up in half, with 50 p.c mirrored within the sticker and 50 p.c in lease funds.

VinFast additionally introduced new pricing for VF Eight and VF 9 variants, with two battery choices.

For the VF 8, costs begin at $40,700 for the bottom mannequin with the smaller battery and run to $48,000 for the highest trim with the bigger battery.

Battery vary runs from 248 miles to 292 miles primarily based on the battery pack and trim, VinFast mentioned.

Costs do not embrace delivery prices, which VinFast didn’t present. The corporate is advertising the crossovers as premium automobiles and promoting them on to shoppers.

For the VF 9, the pricing runs from $55,500 for the bottom to $61,000 for the top-trim mannequin, VinFast mentioned. Vary runs from 262 miles to 369 miles, the automaker mentioned.

All vary figures are topic to alter when the EPA certifies official numbers for the U.S. market. VinFast didn’t present battery measurement specs as measured in kilowatt-hours.