Vietnamese electric vehicle (EV) maker VinFast on Wednesday announced it will officially enter the Philippine EV market at the end of this month with a series of diverse and green mobility solutions.

This will be the third market in Southeast Asia that VinFast has ventured into during the first half of this year, following Indonesia and Thailand.

VinFast EVs are also sold in the U.S., Canada, Europe, and India, the company said.

The Philippines marks a new milestone for VinFast in its Southeast Asian expansion strategy, particularly as the country embraces government policies that promote the growth of EVs.

Amongst the EVs on offer in the Philippines will be electric cars, motorcycles, and bicycles.

VinFast will introduce its VF e34, VF 5, VF 7, and VF 9 electric cars, six electric motorcycle models, and the VF DrgnFly electric bike.

In January this year, Philippine President Ferdinand Romualdez Marcos Jr. held a private meeting with Pham Nhat Vuong, chairman of Vietnam’s largest private conglomerate Vingroup and founder of VinFast, to discuss cooperation opportunities.

In related news, VinFast on Tuesday announced the price of its VinFast VF 3 mini electric cars at VND235 million (US$9,295) each without a battery and VND315 million ($12,438) with a battery included for customers who make their purchases between May 13 and 15.

After May 15, the prices will be VND240 million ($9,480) and VND322 million ($12,736), respectively.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!