The Market Monitor Minding the Nation's Business
VinFast is now the country’s No. 1 battery operated car and its newest VF MPV 7 electric vehicle launched recently in the market promises to be a big hit among customers now turning to the new energy vehicles.
It was Antonio Zara, the CEO of VinFast Southeast Asia, who disclosed the big news during the launch of their newest vehicle in town together with announcement of a new chief executive officer for VinFast Philippines.
“The launch of the VF MPV 7 in the Philippines marks another step forward in VinFast’s global expansion strategy and demonstrates our long-term commitment to this market. With its spacious interior, strong performance, optimized operating costs, and sustainable ownership value, we believe the VF MPV 7 will serve as a comprehensive upgrade for Filipino families and set a new benchmark in the MPV segment,” Zara said.
The Philippines is the third international market where the model is presented and this strengthens VinFast’s diverse product portfolio in the country and reaffirms its commitment to making electric mobility more accessible as the country accelerates the transition toward greener transportation.
The VF MPV 7 sells at P1,518,000 for the battery-included version and P1,239,000 under the battery subscription model. The flexible battery subscription policy is tailored to real-world usage needs, with a monthly fee of P2,700 for distances of up to 2,000 kms and P4,150 for distances exceeding 2,000 kms.
The first 1,000 customers until May 31 will be entitled to a promotional program that includes one year of free battery subscription for usage of up to 2,000 kms per month. Customers opting to purchase the vehicle with battery included will receive a direct discount of P27,200.
Positioned as a versatile 7-seater electric MPV for families, the VF MPV 7 targets customers seeking a meaningful upgrade from conventional MPVs. With the MPV segment accounting for nearly 20% of total automotive sales in the Philippines, the VF MPV 7 offers a well-balanced solution combining spaciousness, strong performance, and competitive ownership costs, addressing the most critical criteria for family vehicle buyers.