VinFast electric bus during test run Not only buses, coaches should also be encouraged to use trams Air pollution and fine dust threaten people’s quality of life. Every year, Vietnam has to pay a large amount of money, about 8-10 billion USD to import gasoline. Part of this is spent on operating traditional fossil fuel-powered vehicles. In addition to the proposed inner-city electric buses for application in Hanoi and Ho Chi Minh City. In Ho Chi Minh City, it is thought that the government should consider the early policy of putting electric-powered intercity passenger cars into operation in order to both exploit the superiority of electric vehicle technology, while protecting the environment and bringing a a new look for public passenger transport in the new era. The world’s two major problems, which are environmental pollution due to emissions and energy security due to the finiteness of fossil energy sources (coal, oil, gas) have gradually become urgent. Air pollution, fine dust in Vietnam has become serious with big cities like Hanoi, Ho Chi Minh City, etc. Ho Chi Minh. Here, it is recorded that there are maximum number of days in a year with the most dramatic air quality index – the most polluted air in the world. In the past two years, authorities at all levels have met to discuss and direct long-term radical solutions to further strengthen the control of air pollution, including the control of carbon emissions and fine dust from the air. means of transport. And fossil energy sources are not available in all countries. Vietnam is one of the importing countries, still heavily dependent on the world’s oil (although it is also partly domestic), it is estimated that it still has to import about 8-10 billion USD per year. With zero emissions and using electricity instead of petrol, electric vehicles are said to be a breakthrough solution for Vietnam in the context of the need to strengthen air pollution control, ensure energy security and suitability. with the development trend of the world’s means of transport. Simple structure of electric vehicles compared to vehicles using internal combustion engines “Electric vehicle” (EV) is often understood as a vehicle with an electric motor drive system. From the outside, an electric car looks like a car with an internal combustion engine (petroleum car). However, except for some parts and components for sharing, about 70% of the components of the two vehicles are different. The significant difference between electric vehicles and vehicles using internal combustion engines is the number of moving parts. Electric vehicles have only one moving part, which is the electric motor (motor), while cars using internal combustion engines have tens of thousands of different parts. Important components of electric vehicles include: battery, electric motor control system, regenerative braking system and powertrain. The number of spare parts for moving parts is less than in electric cars, which leads to another important difference, which is that electric cars require less maintenance (more economical to operate) and safer. safer, in addition to the advantages of environmental protection, civilized and modern technology. Why electric cars are becoming more and more popular At the United Nations Climate Change Conference 2015 (COP 21) held in Paris (France), the participants reaffirmed their efforts to strengthen the response to climate change. The Paris Agreement announced in December 2015 has set a target to limit global temperature rise to below 2 degrees Celsius. This goal can only be achieved when the energy and other sectors significantly reduce emissions. greenhouse gas emissions. The transport sector accounts for about a quarter of emissions from energy-related industries. The goal of reducing greenhouse gas emissions to contribute to achieving the goal of reducing global warming below 02 degrees Celsius can only be achieved with a strong commitment of the transport sector. The Sustainable Development Report of the International Energy Agency (IEA) has shown that, to achieve this goal, by 2050, the world’s transport sector must contribute at least one-fifth of total greenhouse gas emissions. cuts from energy use activities. Electric cars are identified as a key factor contributing to reducing greenhouse gas emissions in the transport sector, increasing energy efficiency, reducing greenhouse gas emissions in general, encouraging the development of new energy sources and recycled energy. In the context of rapid urbanization, the development of electric cars also contributes to reducing air pollution and noise pollution in big cities. The main obstacles to the development of electric cars are the initial cost of the car and the time available between two charges of the battery. However, the recent rapid development of science and technology has shown positive signs. According to a recent report by the US electric car company Proterra, a single charge for the bus can be up and running for 650 km and the price is becoming more and more relevant to the market to ensure more competitive exploitation than traditional gasoline-powered vehicles. Level of use of electric vehicles in countries around the world To date, China is the leading country in production, domestic consumption and export, with the famous electric car manufacturer BYD. In China, according to the data at the end of 2018, the total number of electric buses put into operation is over 421,000 units, Shenzhen city uses 100% of electric vehicles in public passenger transport, while Beijing and Shanghai , the utilization rate of electric buses has reached over 80%. Electric buses are increasingly popular in provinces and cities in China. Europe ranks 2nd among countries using electric vehicles with 2,250 units, the number of electric vehicles used will increase as some European countries such as the Netherlands set a target to convert and use 100% electric vehicles. (including buses, coaches plus and private cars) by 2024. The United States is also the country that is starting to shift towards using more electric vehicles. Although there are only over 300 electric buses in the United States, the number of electric buses is increasing in the near future, with the city of Los Ageles having just decided to buy 155 electric buses to serve all passenger transport activities. in this city. With the new energy policy (Green New Deal), led by many famous electric vehicle manufacturers such as Telsla, Proterra and even Apple recently announced the new Apple car electric car model, there is sure to be a boom in usage. electric vehicles in the United States under the new administration are clearly visible. For electric vehicles, environmental protection is always a top priority Why use an electric car? As mentioned above, electric vehicles are vehicles without chimneys, do not emit CO2, greenhouse gases into the environment. Therefore, the exploitation of electric vehicles in passenger transport is completely environmentally friendly, which is not controversial. Many researchers, policy makers still argue. The first is the traceable environmental issue of electric vehicles, that is, the source of electricity that electric vehicles use is clean electricity, that is, electricity using renewable energy such as solar power, wind power … or electricity from heat. Obviously, over the past time, the Government has called on businesses to invest in the production of solar power, rooftop voltage and wind power…, this electricity has been purchased by the state and connected to the national grid. Only the current supply has not met the demand and more clean electricity is needed to connect to the network. The second is the problem that the production of batteries for electric vehicles is still energy-intensive and emits a significant amount of CO2. As stated, today’s technology is evolving like crazy. As the demand for electric vehicles and batteries increases, mass production of large capacity batteries will result in better environmental control and lower loss and emissions. Here, it is a matter of deciding for the electric vehicle industry to have a direction in which to invest, cooperate and develop. When domestic manufacturers have been proactive in technology, it is possible to produce and recycle used batteries, thereby closing the production and exploitation process effectively and ensuring the problem. environment. What are the implications for passenger transport in Vietnam in the new period? Facing the environmental context, the challenge of air pollution as well as ensuring national energy security, Vietnam should consider the development of electric cars as a breakthrough policy for technology development, domestic auto industry. The introduction of electric vehicles into transport operation has really been a push to change for the progress to serve the travel needs of people and socio-economic development in the new period. The use of electric vehicles for public passenger transport is not only in the inner city as the project of electric buses in Hanoi and Ho Chi Minh City. Ho Chi Minh City as the media recently mentioned, but also hereby recommended that the State should have a policy to encourage the development of electric vehicles for inter-provincial passenger transport (both for fixed and non-fixed routes). To do this, the state has policies to socialize and encourage transport business owners to use electric vehicles in transport business activities; encourage businesses to invest in charging station infrastructure at rest stops, bus stations and other concentrated stops for re-energized vehicles to serve well for transport activities. In short, the policy to encourage the use of electric vehicles is a right one, in terms of both environmental protection as well as energy security. In addition to electric buses as currently proposed to be applied in the inner city of Hanoi, Ho Chi Minh City. Ho Chi Minh City is also considering the application of intercity buses running on electricity. With a national electric passenger transport network being formed, improving user experience, increasing the quality of transport services, electric cars will have a good future in Vietnam, gradually replacing the traditional means of transport. fossil fuel-powered transportation.

VinFast is building electric car charging stations The Ministry of Finance has just sent a document to the Ministry of Industry and Trade, the Ministry of Justice, the Ministry of Natural Resources and Environment and the Ministry of Transport, to respond to tax incentives for battery electric cars. Proposals for tax incentives only mention battery electric vehicles (BEVs). Currently, according to statistics, battery electric vehicles account for about 1% of electrified vehicles in Vietnam. Electric vehicles include many types of vehicles. In addition to gasoline-powered vehicles combined with electric energy (including HEV, PHEV) and Hydrogen-fueled cars (FCEV), there are currently BEV (pure electric) battery electric cars. Completely electrically charged from an external source. The two types of hybrid vehicles move mainly with internal combustion engines, in parallel taking advantage of the benefits of an electric powertrain consisting of an electric motor with a battery. FCEVs have an advantage over BEVs when the charging time is short, but the production of water makes hydrogen fuel-powered electric vehicles only suitable for island nations, arid areas, and unsuitable for urban areas. big. Meanwhile, BEV battery electric vehicles have a minimalist structure, run short distances, can consume electricity everywhere, have great advantages in urban areas. With three types of vehicles HEV, PHEV and FCEV all use gasoline and gas, so they have more impact on the environment than BEV models. Electric cars are becoming an advantageous choice to replace vehicles using internal combustion engines, especially battery electric cars (BEVs). Many countries around the world have had preferential policies and tax support to prioritize the development and production of battery electric vehicles. According to the Ministry of Finance, Vietnam has a number of preferential policies for electric vehicles. Accordingly, electric cars carrying passengers with less than 9 seats are entitled to the special consumption tax rate of 15% (ie 10% reduction compared to cars of the same type using fossil fuels; 10-16 seats are allowed to be used for cars of the same type using fossil fuels. tax rate of 10% (5% reduction compared to cars of the same type running on gasoline) and the tax rate of 16 to less than 24 seats is applied at the tax rate of 5% (5% reduction compared to cars of the same type running on petrol). At the same time, the Law on Special Consumption Tax No. 27/2008/QH12 also stipulates the special consumption tax rate for environmentally friendly vehicles. Specifically, vehicles running on gasoline combined with electric energy and bioenergy, in which the proportion of gasoline used does not exceed 70% of the energy used by the vehicle, is entitled to a tax rate of 70% for vehicles of the same capacity. species. For cars running on bio-energy, the special consumption tax rate is only 50% compared to cars of the same type. Meanwhile, about the current registration fee, there are only preferential rates for buses using clean energy while there is no policy applicable to other environmentally friendly vehicles. To encourage production and stimulate consumers to use BEVs, contributing to reducing the emissions released into the environment by vehicles, contributing to the protection of the ecological environment and based on the outstanding advantages of vehicles. BEV, the Ministry of Finance is planning to propose new incentives for this model. An electric vehicle charging station in Ho Chi Minh City Specifically, incentives related to excise tax fall under the jurisdiction of the National Assembly. Therefore, the National Assembly must amend the excise tax law. The Government has also assigned the Ministry of Finance to preside over the overall assessment of the implementation of the excise tax policy on automobiles in the past time to study and amend the excise tax law accordingly. Regarding the registration fee under the authority of the Government, when there is a need to change, it will amend and supplement Decree No. 14/20216/ND-CP on registration fee. The Ministry of Finance said that in the past time, it has also received recommendations from a number of associations on adjusting registration fee rates to remove difficulties for businesses. Therefore, the Ministry of Finance is also evaluating the overall policy on registration fees and is expected to submit it to the Government in October. The Ministry of Finance also asked agencies to propose specific content on special consumption tax incentives and registration fees related to battery electric vehicles to summarize and report to the Government. Battery-powered electric vehicles currently account for a very small percentage in Vietnam. According to data from the Vietnam Automobile Manufacturers Association (VAMA), the number of electrified vehicles registered in Vietnam is still very modest, accumulating just over 1,000 units by the end of 2020. of which BEVs only account for about 1%, the rest are HEV and PHEV models. According to the Ministry of Finance, currently only VinFast invests in producing electric vehicles, according to reports, VinFast has now launched the first battery-powered electric car model. The factory has a capacity of 250,000 vehicles per year and the brand is focusing on battery electric vehicles with 9 seats or less and electric buses with 24 seats or more. Also according to the Ministry of Finance’s assessment, the biggest obstacle facing Vietnam today is the lack of charging station infrastructure, the main source of power for power supply is using fuel sources with high CO2 emissions, accounting for nearly half of the total mobilized electricity output, while the electricity generated from renewable energy accounts for a small proportion, about 4.3% and this is considered an unstable power source.

VinFast Lux A2.0 after discount if you have a cheap 200 million VND voucher equivalent to a C-class sedan VinFast Lux A2.0 is winning the hearts of Vietnamese customers, reflected in monthly sales. Recently, on social networks, information appeared in June 2021, this model is priced from only 681.7 million VND, attracting the attention of many people. Talking to PV, an employee of a VinFast dealer in Hanoi said that VND681.7 million is not the lowest price that customers can buy. Specifically, this employee said, in June 2021, VinFast Lux A2.0 is being sold with 3 versions of Standard, Advanced and Premium, with direct selling prices of VND 881.7 million and VND 948 respectively. ,6 million and 1,074 billion dong. However, customers can apply a voucher of VND 200 million. Previously, this voucher was only available to customers who purchased Lux ​​SA2.0, but now it is accepted to use for Lux A2.0 as well. After deducting the voucher value, the car price is only 681.7 million VND, 748.6 million VND and 874 million VND respectively for 3 versions from low to high. Even if customers participate in the renewal program, they will also receive an additional 30 million VND reduction, making the car price only from 651.7 million VND. This price is only equivalent to the C-class sedans being sold in Vietnam. Voucher 200 million VND is now applied to buy VinFast Lux A2.0 However, to buy a car with the price of 681.7 million VND, customers had to have a voucher available, not buy it. Because if you go to buy a voucher, depending on the seller, the customer will have to add this amount to the price of the car. According to the sales report from VinFast, in May 2021, VinFast Lux A2.0 sold 457 cars. Although shaped as an E-segment, in terms of price, VinFast Lux A2.0 competes with D-class sedans such as Toyota Camry, Kia Optima, Mazda 6 or Honda Accord in Vietnam. Considering sales with competing models, VinFast Lux A2.0 is the best seller.

Buy outright battery – expensive solution for invisible benefits The biggest benefit of buying outright batteries is not in the material value but in the spiritual value. It’s a feeling of ownership. But to get that intangible benefit, customers will have to trade it with a relatively large financial burden. The battery is by far the most expensive component of an electric vehicle, accounting for about 30-40% of the cost, according to UK-based research and consulting firm GlobalData. In the foggy country, most electric cars are still at least $13,000 more expensive than a comparable internal combustion engine car. “The biggest barrier to owning an electric car is cost,” Rod Dennis of RAC, the UK’s leading car service, told The Guardian. Although there has been a “revolution” in battery production costs, falling from $1,000/kWh in 2010 to about $150-200/kWh in 2020, according to James Frith, head of Energy Finance column. New Energy (NEF) of Bloomberg news agency, “for electric vehicles to be as cheap as internal combustion engine cars, the battery price must be brought back to the threshold of $100/kWh”. However, according to Bloomberg, the increase in raw material prices on a global scale can create a “bottleneck” that makes the goal of lowering the price of the “energy heart” of electric vehicles more difficult. “It is not a wise choice to spend thousands of dollars more just for the ‘feel of ownership’. Not to mention, the user will be responsible for all risks with the battery block if any, “said an automotive expert. Swap batteries – more risks, more costs To reduce costs for customers, some electric car manufacturers offer a battery swap policy to separate the battery from the price of the car. Specifically, instead of buying outright, customers will rent the battery pack from the manufacturer or a 3rd party. When the battery is almost depleted, the customer will bring the car to the service workshop to replace the fully charged battery. In August 2020, NIO launched a BaaS (Battery as a Service) battery exchange service with a subscription fee from 980 yuan / month (150 USD). According to “Tesla of China”, the BaaS service helps the company reduce the price of cars by about 70,000 yuan (more than $10,000). For customers, refueling the car also becomes as quick as refueling. However, every coin has two sides, the battery swap policy also shows many inadequacies. Before NIO, the battery swap model was tested in the French and Taiwanese markets, but was not really successful. In 2019, French car company Renault had to stop this policy. “Battery swapping will be more suitable for two and three-wheeled vehicles, using low voltage, usually 48V, and small battery capacity, from 1.5kWh to up to 4kWh”, said CV Raman – Head of Engineering of the company. Maruti Suzuki India, analysis. Raman also said that this is the reason why Maruti Suzuki did not enter the electric car battery swap business. “Car batteries use high voltage, are integrated with many technologies and involve the cooling system. Frequent swapping compromises integrity, creates insecurity and increases the risks associated with electrical contact,” he said. On the other hand, Omprakash Upadhyay, an electric vehicle expert at TATA AutoComp (India), said that swapping batteries does not completely reduce the cost burden for customers. This model requires large, complex and expensive infrastructure as service shops have to keep a large stock of pre-charged batteries at all times. “Invisible medium, each car must have at least two sets of batteries – one set inside the vehicle and one available in the battery replacement station. This increases the cost of the car a lot, given the fact that the battery is the most expensive component in an electric vehicle,” Upadhyay said. Battery subscription – optimal for economy, maximum for safety The battery subscription policy that some companies like VinFast apply can be considered a perfect solution, helping to balance both the advantages and limitations of the two forms of outright purchase and swap. In economic terms, instead of having to spend “a lump” of thousands of dollars to buy batteries, customers will be leased batteries by manufacturers. The monthly subscription fee is offered by the company based on the calculation of the average distance traveled. With the VF e34 model, VinFast applies a subscription fee of 1.45 million VND/month for a distance of 1,400km, meeting the average travel demand well. “Operating costs, including battery rental and electric charging, are equal to the cost of gasoline consumption, and the price and features are superior to gasoline cars,” said Ms. Thai Thi Thanh Hai – General Director of VinFast. . According to estimates by GlobalData, the cost of buying a battery pack is equivalent to the total subscription fee for more than 8 years. The form of “split” cost over time is currently quite popular with technology products and services such as phone, television or Internet packages. In particular, the indispensable advantage of the subscription form is that the manufacturer will be responsible for the battery throughout the product life cycle, even to the recycling stage, bringing absolute peace of mind and peace to customers. row. Like VinFast, the company is committed to replacing customers with a new battery pack when the battery’s ability to receive charge drops below 70%. This is a “super benefit” that customers who buy the battery outright do not get. “Battery rental helps car owners benefit more when the battery is checked, maintained and serviced in a timely manner by the manufacturer. This model will be the key for electric vehicles to develop on a large scale, “said GlobalData.

1. Vehicle management by… phone Not only interacting with the car from the inside, VF e34 users can also manage and control the vehicle remotely through a mobile application that integrates a series of modern functions. User can manage VF e34 with smartphone With an Internet-connected phone in hand, car owners can easily capture vehicle parameters such as journey, remaining battery, maintenance history… VF e34 will also proactively provide reminders remind or warn the user when necessary. 2. Suggested schedule At a smarter level, with the journey planning feature, the car will suggest a suitable schedule, optimizing both time, distance, remaining battery in the car and charging stations on the road. When the battery level is low, the VF e34 is also capable of giving warnings and suggesting users to search for the nearest charging station, service workshop and then give directions to the driver. 3. Auto-generate distress signal in case of emergency When there is a serious problem on the road, the car will automatically send a distress signal and send coordinates to the rescue switchboard via GPS and Internet connection. Urgent rescue requests or feedback from car owners to customer care can be done quickly and conveniently. At the same time, the rescue vehicle location and vehicle rescue status will also be displayed in real time on the mobile application. Smart features on VinFast VF e34 electric car 4. Smart anti-theft One of the preeminent smart features of the VF e34 is the ability to self-anti-theft, detect signs of break-in and notify the car owner. When there is an impact from outside, the car will flash lights and horns. The vehicle’s camera system will automatically collect images and send notifications to the vehicle owner about the risk of being broken into via a mobile phone application. The vehicle owner can locate the vehicle in real time thanks to the built-in GPS. 5. Remote software update VinFast’s smart electric car is equipped with a FOTA (Firmware Over-The-Air) remote software update feature similar to a mobile phone. When a new software version is available, the system will display a notification for the truck owner to download and install. After completing the update and self-check, the car will sync the new information to the system and the management application on the phone. As a result, car owners do not need to go to a VinFast dealer or service workshop to update the software, but can do this anywhere with an Internet connection. 6. Self-study and remember the owner’s habits The special impression of users with the intelligent technology of VF e34 will be the comfortable experience inside the car. Entertainment functions or air conditioning control can all be commanded by voice. VF e34 will automatically analyze and remember the habits of people in the car người After each use, the AI ​​in the car will analyze and remember the habits of the people in the car. Each user will have their own profile and the car will play music according to the habits recorded in that profile.

VinSmart stops producing phones and televisions On May 9, Vingroup officially announced that VinSmart would stop producing TVs and smartphones to focus resources on developing IoT products and Infotainment features for VinFast cars. Sharing the main reason why VinSmart made such a decision, Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup said: “The production of smart phones or smart TVs has no longer brought breakthrough possibilities, Meanwhile, the development of smart cars, smart homes, smart cities brings many benefits and outstanding experiences. force for this spike “. VinSmart factories will continue to produce existing phones and TVs until the end of the product’s life cycle to supply the market. Then part of the factory will be used to outsource to partners, while the rest is expanded to adjust to produce new products. With products sold to the market, VinSmart said it will maintain the warranty and customer care as committed. Vsmart phones sold to the market are still upgraded and updated with software. After stopping production of smartphones, TVs, VinSmart will focus on developing information – entertainment – service (Infotainment) features; research, design and manufacture of electronic components, battery cell systems, complete electric batteries, electric motors for VinFast cars. At the same time, VinSmart still retains research on smart cities, smart homes and IoT devices. VinSmart’s smart home solution appeared at a major urban exhibition late last year and has been operated in two major urban areas, Vinhomes Smart City and Vinhomes Ocean Park. VinSmart retains its research on smart cities, smart homes and IoT devices. Its most prominent smartphone products are Vsmart Joy 3, Vsmart Live 4, phone with front camera hidden under the Vsmart Aris Pro screen. In the TV segment, VinSmart has two main lines of 4K resolution: high-end KE and mid-range KD, with sizes from 43 to 55 inches, priced from VND8.7 million.

Vsmart Live 4 “make in Vietnam” line of Vinsmart. On May 9, Vingroup officially announced that VinSmart would stop producing TVs and smartphones to focus resources on developing IoT products and Infotainment features for VinFast cars. Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup, said: “The production of smart phones or smart TVs has no longer brought breakthrough capabilities, making a difference for users. The development of smart car, smart home, smart city brings many benefits and outstanding experience. Therefore, we are determined to put all resources into this spearhead. VinSmart factories will continue to produce existing phones and TVs until the end of the product’s life cycle to supply the market. Then part of the factory will be used to outsource to partners, while the rest is expanded to adjust to produce new products. With products sold to the market, VinSmart said it will maintain the warranty and customer care as committed. Vsmart phones sold to the market are still upgraded and updated with software. After stopping production of smartphones, TVs, VinSmart will focus on developing information – entertainment – service (Infotainment) features; research, design and manufacture of electronic components, battery cell systems, complete electric batteries, electric motors for VinFast cars. In addition, VinSmart still retains research on smart cities, smart homes and IoT devices. VinSmart’s smart home solution appeared at a major urban exhibition late last year and has been operated in two major urban areas, Vinhomes Smart City and Vinhomes Ocean Park.

“The production of smart phones or smart TVs has ceased to make a breakthrough and make a difference for users. Meanwhile, the development of smart cars, smart homes, smart cities bring to many outstanding benefits and experiences. Therefore, we are determined to put all resources into this spearhead “, Mr. Nguyen Viet Quang, Vice Chairman and General Director of Vingroup, said. Nearly 3 years in the smartphone market, reaping many successes, Vingroup decided to stop this segment to focus more on VinFast. However, VinSmart factories will continue to produce existing phones and TVs until the end of the product’s life cycle to supply the market. Part of the factory will then be used to outsource to partners, with the rest expanded to make new products. VinSmart will also maintain the warranty and customer care as committed with the products sold to the market. Vsmart phones sold to the market are still upgraded and updated with software. According to a representative of Vingroup, after stopping production of smartphones and TVs, VinSmart will focus on developing information – entertainment – service (Infotainment) features; research, design and manufacture of electronic components, battery cell systems, complete electric batteries, electric motors for VinFast cars. VinSmart will also retain research on smart cities, smart homes and IoT devices. VinSmart’s smart home solution appeared at a major urban exhibition late last year and has been operated in two major urban areas, Vinhomes Smart City and Vinhomes Ocean Park. VinSmart was born in June 2018, starting with the production of smartphones with the Vsmart brand. Nearly 3 years of development, Vsmart introduced to the market 19 phone models and 5 TV models.

Information from VinFast said: “Currently, VinFast is focusing on vehicle development projects involving foreign research institutions. However, the COVID-19 epidemic has significantly hindered the conclusion. connectivity and mobility between countries Therefore, VinFast has decided to bring the entire overseas vehicle development team to its headquarters in Vietnam to optimize all resources and facilitate coordination. with the production team at our complex in Hai Phong, Vietnam. VinFast research centers in Australia. The Vietnamese automaker also added: “For this reason, we temporarily closed our Australian office (Port Melbourne) and moved all staff to Vietnam. In fact, Kevin Yardley has resigned. We will fix all matters in accordance with the law if anyone fails to move to Vietnam “. VinFast also said that the decision to close its research and development office in Port Melbourne “will not affect the Lang Lang car test facility. We will make an official notice if there are any changes” . Lang Lang car test facility. According to the CarAdvice This decision will affect about 50 employees at VinFast’s research center in Australia, including mainly former Holden, Ford and Toyota employees who lost their jobs after the “kangaroo country”. also produces domestic cars./.

The picture of electrochemical cars in the world Currently, the strong socio-economic development is leading to a skyrocketing number of vehicles, especially cars using combustion engines, which are contributing to a series of problems related to cars. environmental contamination as well as energy needs. However, the electrochemical trend is being applied more and more on vehicles, creating hybrids and electric cars, this is considered the “savior” of humanity in the future. The proof for that is that the sales of these vehicles are on the rise. According to the EV Volumes , the total volume of electric cars (EV) sold globally in 2020 will reach about 3.24 million units, reaching a market share of 4.2% and growing at 43.4% compared to 2019. Of which, 1.15 million units were produced in Europe, 0.5 million units were produced in North America and 1.6 million units were made in the Asia-Pacific region (China, Korea, Japan). The Workshop on Electrified Automotive Trends in Vietnam was recently organized by Tien Phong Newspaper. Currently, China is still the country with the top sales of electric cars in the world with 1.337 million units in 2020, an increase of 12% compared to 2019; Germany ranked second with 398 thousand units, up 254%; The US ranked third with sales of 328,000 units, up 4%. According to the share of Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology), cars with electric batteries have appeared since 1839. Over time In short development, electric cars almost disappeared due to the inability to compete with combustion engine cars in the 20th century. However, the mission of this vehicle went back into the 21st century with green cars, most economical and intelligent to protect the environment, limit dependence on fossil fuels. In addition, electric cars not only appear in people’s lives, but also present in all areas such as: Confidential military vehicles, F1 Hybrid racing cars, F1 racing for pure electric cars. Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology) gave a speech during the seminar on Electrochemical Automotive Trends in Vietnam. Meanwhile, some forecasts suggest that electric cars will account for 95% of all cars sold in Europe by 2030. Many countries in the “old continent” have set a goal to stop doing business. cars using internal combustion engines by 2050, Norway even announced it would end the sale of these cars by 2025. Developing electric cars in Vietnam needs many supportive policies According to the global trend, the Vietnamese market is also beginning to “set foot” in the electric vehicle sector with the bold direction of VinFast and some cautious moves from Toyota in the past year or so. There are no specific statistics on sales of electric vehicles (both motorcycles and cars) in Vietnam, but disclosures from industry agencies show that the number is not too much. Mr. Nguyen Van Phuong (Deputy Department of Motor Vehicle Quality – Vietnam Registry Department) shared: “In 2020, only 900 electric cars will be imported and used in Vietnam, this number is in the first three months. by 2021 there will be 600 units, however, the majority of them will still be hybrids ”. Mr. Nguyen Van Phuong (Deputy Head of Motor Vehicle Quality Division – Vietnam Registry Department). In fact, there are many opinions that “electrification is an irreversible trend, only a matter of time left”, but there are still many current problems that need to be solved to help this car thrive. more next time. On the concerned side, Mr. Phuong said: “In the new proposal to the parliament, the Ministry of Transport also mentioned tight control of environmental emissions from vehicles and will probably be seen. considered in the next National Assembly session. Regarding the control of the operation scope of all types of vehicles, it can be done, but there is no specific policy ”. Meanwhile, Ms. Nguyen Thi Xuan Thuy (Department of Industry – Ministry of Industry and Trade) replied about the electric vehicle development policy in Vietnam: “Currently, the latest automobile development strategy and planning has been approved by the government. approved in 2014. At that time there was not much appearance of electric vehicles, so there was no specific strategic plan. Electric vehicles have thrived in recent years, posing a problem that needs direction ”. Ms. Nguyen Thi Xuan Thuy (Industry Department – Ministry of Industry and Trade). It can be seen that the current policies for electric cars are not clear enough to strongly promote this industry. While many opinions suggest that the government needs to reduce tax fees for consumers to make the price of electric vehicle ownership more comfortable, manufacturers also need specific support. This is not only a policy story but also a challenge but also an opportunity for the nation. Associate Professor – Dr. Dam Hoang Phuc said: “The government needs to facilitate the development of electric vehicles by: Creating markets, expanding manufacturers, promoting manufacturers and researchers. “. At the same time, he also added: “Our country needs to apply the policy of ‘Inviting eagles to Vietnam to spawn’, which means inviting car manufacturers to produce electric cars in Vietnam”. Sharing on this issue, Mr. Nguyen Trung Hieu (Head of Strategic Planning Division of Toyota Vietnam) said: “Thailand launched its support policy in March, while Indonesia will announce its policy. strong in October, attracting many car manufacturers to invest. In fact, they have ‘finished the nest for the eagle’. Vietnam needs to do something so as not to miss this opportunity as well as this challenge. This is a story of national competition ”. Mr. Nguyen Trung Hieu (Head of Strategic Planning Department of Toyota Vietnam). Capturing the trend of electric car development will help Vietnam catch up with major markets around the world. However, the issue of supportive policies from the government needs to be resolved early to stimulate consumer demand and find a common voice with car manufacturers, helping them to no longer worry about the production of electric cars in Vietnam. Vietnam.

The picture of electrochemical cars in the world Currently, the strong socio-economic development is leading to a skyrocketing number of vehicles, especially cars using combustion engines, which are contributing to a series of problems related to cars. environmental contamination as well as energy needs. However, the electrochemical trend is being applied more and more on vehicles, creating hybrids and electric cars, this is considered the “savior” of humanity in the future. The proof for that is that the sales of these vehicles are on the rise. According to the EV Volumes , the total volume of electric cars (EV) sold globally in 2020 will reach about 3.24 million units, reaching a market share of 4.2% and growing at 43.4% compared to 2019. Of which, 1.15 million units were produced in Europe, 0.5 million units were produced in North America and 1.6 million units were made in the Asia-Pacific region (China, Korea, Japan). The Workshop on Electrified Automotive Trends in Vietnam was recently organized by Tien Phong Newspaper. Currently, China is still the country with the top sales of electric cars in the world with 1.337 million units in 2020, an increase of 12% compared to 2019; Germany ranked second with 398 thousand units, up 254%; The US ranked third with sales of 328,000 units, up 4%. According to the share of Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology), cars with electric batteries have appeared since 1839. Over time In short development, electric cars almost disappeared due to the inability to compete with combustion engine cars in the 20th century. However, the mission of this vehicle went back into the 21st century with green cars, most economical and intelligent to protect the environment, limit dependence on fossil fuels. In addition, electric cars not only appear in people’s lives, but also present in all areas such as: Confidential military vehicles, F1 Hybrid racing cars, F1 racing for pure electric cars. Associate Professor – Dr. Dam Hoang Phuc (Deputy Head of Automotive Department – Hanoi University of Technology) gave a speech during the seminar on Electrochemical Automotive Trends in Vietnam. Meanwhile, some forecasts suggest that electric cars will account for 95% of all cars sold in Europe by 2030. Many countries in the “old continent” have set a goal to stop doing business. cars using internal combustion engines by 2050, Norway even announced it would end the sale of these cars by 2025. Developing electric cars in Vietnam needs many supportive policies According to the global trend, the Vietnamese market is also beginning to “set foot” in the electric vehicle sector with the bold direction of VinFast and some cautious moves from Toyota in the past year or so. There are no specific statistics on sales of electric vehicles (both motorcycles and cars) in Vietnam, but disclosures from industry agencies show that the number is not too much. Mr. Nguyen Van Phuong (Deputy Department of Motor Vehicle Quality – Vietnam Registry Department) shared: “In 2020, only 900 electric cars will be imported and used in Vietnam, this number is in the first three months. by 2021 there will be 600 units, however, the majority of them will still be hybrids ”. Mr. Nguyen Van Phuong (Deputy Head of Motor Vehicle Quality Division – Vietnam Registry Department). In fact, there are many opinions that “electrification is an irreversible trend, only a matter of time left”, but there are still many current problems that need to be solved to help this car thrive. more next time. On the concerned side, Mr. Phuong said: “In the new proposal to the parliament, the Ministry of Transport also mentioned tight control of environmental emissions from vehicles and will probably be seen. considered in the next National Assembly session. Regarding the control of the operation scope of all types of vehicles, it can be done, but there is no specific policy ”. Meanwhile, Ms. Nguyen Thi Xuan Thuy (Department of Industry – Ministry of Industry and Trade) replied about the electric vehicle development policy in Vietnam: “Currently, the latest automobile development strategy and planning has been approved by the government. approved in 2014. At that time there was not much appearance of electric vehicles, so there was no specific strategic plan. Electric vehicles have thrived in recent years, posing a problem that needs direction ”. Ms. Nguyen Thi Xuan Thuy (Industry Department – Ministry of Industry and Trade). It can be seen that the current policies for electric cars are not clear enough to strongly promote this industry. While many opinions suggest that the government needs to reduce tax fees for consumers to make the price of electric vehicle ownership more comfortable, manufacturers also need specific support. This is not only a policy story but also a challenge but also an opportunity for the nation. Associate Professor – Dr. Dam Hoang Phuc said: “The government needs to facilitate the development of electric vehicles by: Creating markets, expanding manufacturers, promoting manufacturers and researchers. “. At the same time, he also added: “Our country needs to apply the policy of ‘Inviting eagles to Vietnam to spawn’, which means inviting car manufacturers to produce electric cars in Vietnam”. Sharing on this issue, Mr. Nguyen Trung Hieu (Head of Strategic Planning Division of Toyota Vietnam) said: “Thailand launched its support policy in March, while Indonesia will announce its policy. strong in October, attracting many car manufacturers to invest. In fact, they have ‘finished the nest for the eagle’. Vietnam needs to do something so as not to miss this opportunity as well as this challenge. This is a story of national competition ”. Mr. Nguyen Trung Hieu (Head of Strategic Planning Department of Toyota Vietnam). Capturing the trend of electric car development will help Vietnam catch up with major markets around the world. However, the issue of supportive policies from the government needs to be resolved early to stimulate consumer demand and find a common voice with car manufacturers, helping them to no longer worry about the production of electric cars in Vietnam. Vietnam.

Term 2: Solve the quality management problem, electric vehicle regulations Electric vehicle charging station at AEON Ha Dong Shopping Center (Hanoi) – photo by Thanh Tung With more than 1 million electric scooters in circulation and thousands of electric cars handed over to customers by VinFast by the end of this year, the problem of quality management, registration, and charging station standards comes from The legal regulations in the circulation of vehicles for electric vehicles are in urgent need. Register like a traditional car At the end of March 2021, VinFast’s electric bus model was completed by the Vietnam Registry Department to verify design documents, vehicle safety testing and met the conditions of current automotive technical regulations. onions for mass production. Recently, VinFast has also announced to receive orders, produce an electric car model under 9 seats under the brand name VF e34, expected to hand over the car to customers in November 2021. In fact, electric cars have appeared in the country a few years ago and now there are 14 cars (all imported complete units, the Tesla brand). With the above trend, in the near future, the domestic market will have both imported CBU electric cars and domestically produced cars. Mr. Nguyen Van Phuong, Deputy Department of Motor Vehicle Quality – VAQ (Vietnam Registry Department), said that electric vehicles are quality controlled from the evaluation of vehicle design, safety testing to issue type certificates. and sample production. After the car is released, the circulation process, electric cars must be periodically registered as traditional cars. According to Mr. Dang Tran Khanh, Deputy Department of Motor Vehicle Inspection – VAR (Vietnam Registry Department), the biggest difference between electric cars and gasoline and oil cars is the energy source for the vehicle’s engine to operate. Therefore, the registry will apply the inspection of technical safety items according to the current national automotive technical regulations, except for the exhaust gas test, which will not be the same as gasoline or oil vehicles. “Currently, some countries like Singapore also test electric cars like conventional cars. However, the Vietnam Registry Department is consulting the experiences of countries and international automobile registration associations to take steps to research and prepare for the process of supplementing and completing the standards of cars, including cars. electricity ”, said Mr. Khanh. Which standard charging station? According to a recent study by the Research Group of the German International Cooperation Organization (GIZ), it is currently the beginning stage of the development of electric transportation in Vietnam. Imported electric vehicles including bicycles, electric scooters and four-wheeled passenger electric vehicles currently have more than 1 million vehicles. It is expected that by the end of 2021, there will be only electric cars produced domestically. About the current regulations applicable to electric cars, the representative of the Motor Vehicle Testing Center (Vietnam Registry Department) said that in-depth techniques for electric cars are electrical elements. There are a number of different research and development trends in the world. ” Electric car is still a manned car like a conventional internal combustion engine, so when the car is put into operation at present, there are no legal problems. Electric vehicle drivers, while participating in traffic in Vietnam, still comply with the current Decree 100 and the Law on Road Traffic
Decree 100 deals with the driver’s behavior more than the vehicle. And the current Law on Road Vehicle has regulations on vehicles, but in road motor vehicles, there is no regulation on engines. Therefore, the legal basis for electric vehicles is basically the same as conventional gasoline and oil vehicles, including procedures for vehicle registration and vehicle registration.
Mr. Khuat Viet Hung, Specialized Vice President of National Traffic Safety Committee ” Such as the standard of charging. Therefore, in this early stage, mainly based on the National Technical Regulation on technical safety quality and environmental protection for cars (QVN 09: 2015 / BGTVT) to test and evaluate. vehicle safety prices. At the same time, there is research to build appropriate standards for the development of electric cars in the country in the future. According to Mr. Nguyen Van Khoi, Director of the Department of Standards (General Department of Standards, Metrology and Quality), Vietnam currently has the standard TCVN 12241-3: 2018 on the secondary lithium-ion battery used for power transmission. for electric road vehicles. This International Standard specifies test procedures and acceptance criteria for the safety performance of batteries and masses of secondary lithium-ion batteries used to power road vehicles (EV). including battery electric vehicles (BEV) and hybrid electric vehicles (HEV). “However, we do not have a set of standards (required to apply) on charging stations and charging terminals. This is not even available in advanced countries. Just like the plug of household electrical appliances has not been agreed, where the power supply is 110V, where 220V, the device has a 3-pin or 2-pin plug, but the 2-pin plug is also each style. In addition, the structure of the electric vehicle charging station is also a technology secret issue, so no company wants to share it, so it has not been agreed to set which one is the standard. For example, the phone charger, until now it has been agreed, to buy any device, use the charger cord, the charger of that company, basically according to the original equipment manufacturer “, Mr. Khoi said. Just as a car powered by an internal combustion engine needs multiple gas stations, an electric vehicle (EV) also needs multiple public charging stations. The question is which technology standard charging station will Vietnam follow in order to be able to meet the maximum number of electric vehicles with different charging standards? According to Mr. Dao Cong Quyet, Head of the Public Relations Subcommittee of VAMA, there are currently 3 international charging standards for cars, including: Europe (CCS), Japan (CHAdeMO) and China (GB / T). ). If there are many electric car manufacturers, it is also necessary to have a common standard for the car manufacturers to plan to manufacture and import this type of vehicle for sale in Vietnam. Mr. Tran Quang Ha, Deputy Director of the Department of Science and Technology (Ministry of Transport), said that the charging standards of many basic companies according to Europe, but most of them do not have the uniformity of the common charging standard between the companies. Currently, road motor vehicles in Vietnam are basically all according to European standards. On the issue of waste disposal for electric vehicles, Mr. Ha informed that most countries have strict and strict regulations on waste product management. As for the discarded products containing harmful substances such as batteries and batteries, Vietnam has also had regulations but there are no sanctions. “When electric vehicles thrive, the problem of completing regulations on waste management and treatment such as batteries, batteries will be very hot. There should be clear sanctions “, Mr. Ha suggested.

The price is easy to access, the maintenance cost is only 1/3 of a gasoline car Launched on March 24, VinFast VF e34 has an official selling price of VND 690 million, but for customers who ordered before June 30, 2021, the Vietnamese car company offers a special preferential price of only VND 590 million. Includes one-year free battery subscription. This is considered an accessible price for first-time car buyers, young families in big cities in Vietnam. Mr. Tuan Phong (30 years old) ordered VinFast VF e34 just one day after the car was introduced. He said, with outstanding technology such as electric motors, smart features and attractive pre-set price of only 590 million VND and extremely “open” pre-order policy, VF e34 persuaded him to “down money”. without any hesitation. “The battery rental policy that makes the car price more accessible is the first reasonable one. The second is an immediate incentive of 100 million dong for early booking, and the third one is a deposit of only 10 million dong and can be freely refunded / canceled / transferred without penalty, so I have no reason. to hesitate “, Mr. Phong said. According to Mr. Phong, young people often like “delicious-nutritious-cheap” cars because their financial resources are not abundant. With the same amount of VND 590 million, in addition to the VF e34, customers cannot even buy a standard B-class SUV, only a few high-end versions of B-class sedans. Meanwhile, VF e34 Being a model in the higher-end C-segment is clearly a bargain. For young people who buy a car for the first time, owning a car is still vague when it comes to solving some concerns such as the cost of buying a car, maintenance, repair, fuel and parking. Mr. Tuan Phong admitted this, thinking that he was no exception, so he decided to buy an electric car. According to him, VinFast VF e34 not only has the most competitive price in the market, but also has a much more optimal cost-effectiveness than traditional cars. “The cost of electric fuel is cheaper than gasoline, of course. Worth mentioning here is that the maintenance cost of VinFast VF e34 is only 25% -30% of gasoline cars due to its simpler structure, ”said Phong. According to calculations, the total maintenance cost for electric cars after the first 40,000 km is only about 4.4 million VND, and only costs about 12.7 million VND for 120,000 km. Not only that, with VF e34, early customers who order early are also free 17.4 million dong of battery subscription fee in the first year. Overflowing with technology Attractive price does not mean VinFast VF e34 has reduced features, but instead, the car is fully equipped with “toys” and is connected to a smart management application. Through the application, users can update vehicle software, perform many tasks such as checking battery status, travel schedule, maintenance schedule, call for rescue, warning of theft risk, vehicle positioning, error diagnosis … Young customers will also be pleased with the cabin compartment equipped with a 10-inch touch screen, Apple CarPlay and Android Auto connectivity, 6 audio speakers and 2 driver-row USB ports to connect or charge electrical devices. death. The air-conditioning system integrates the air quality control function with the fine dust filter HEPA PM2.5 which is also an advantage for the current air pollution. In addition, the voice control feature to support Vietnamese for multi-regional adaptation is also expected. List of long-term safety technologies, including ABS anti-lock braking, BA emergency brake assist, EBD electronic brake force distribution, ESC electronic balance, HSA horizontal start assist, 360 surveillance camera , lane departure warning, blind spot warning, traffic flow warning until door opening, vehicle warning when reversing, front and rear sensor, tire pressure monitoring, automatic throttle, 6 airbags … Help VinFast VF e34 achieve the highest safety standards. Environmental friendliness Growing up with the Internet, Generation Y and Z (Gen Y – Gen Z) are well aware of the urgency of protecting the environment. Many young people are gradually changing to choose means of using electric energy to limit the impact on the living environment. In the opinion that electric cars are not actually too good for the environment compared to traditional cars, due to the generation of electricity and batteries emitting a lot of CO2, the leading renewable energy company in the UK EDF Energy protested. Accordingly, even with more emissions in the current production process, electric cars are still a “greener” option than traditional cars when taking into account the vehicle lifecycle. That is not to mention that it will be easier and more efficient to treat the waste from the centralized battery production / recycling process in a closed process than to worry about a series of internal combustion engine vehicles discharging every day. . Technology to produce electricity and batteries is also developing and changing day by day, so emissions from manufacturing will be improved positively in the near future. According to EDF Energy, the biggest benefit of electric cars is improved air quality in large cities. Without exhaust pipes, electric cars have absolutely no NOx, HC, CO, CO2 emissions – a combination of exhaust gases that seriously affects human health and living environment. Simply put, electric cars are the foundation for cleaner and cleaner cities and roads. Another fairly common myth is that lithium-ion batteries are as toxic as lead batteries. In fact, lithium-ion batteries are safer, causing less harm to the environment or human health. At the same time, lithium-ion batteries are also of high economic value, so they will be collected, recycled and reused instead of being disposed of as lead batteries, so the risk of environmental pollution is also minimized. In particular, the solution to renting batteries instead of “selling off” cars with batteries to customers will help manufacturers like VinFast better manage the amount of batteries circulating in the market, ensuring that they will not be disposed of indiscriminately, causing harmful to the environment.

VinFast expects a higher price than Ford

On April 12, Bloomberg reported that Vingroup was considering bringing VinFast on the US stock exchange to raise $ 2 billion. According to this source, the car company is currently working with consulting units to IPO (initial public offering) right in the second quarter of 2021.

The source of Bloomberg confirmed that if successful, the IPO could push VinFast’s valuation up to $ 50 billion. At that time, VinFast will immediately close to the top 10 largest car manufacturers in the world, on par with famous manufacturers such as Hyundai (51.38 billion USD), Honda (50.86 billion USD) and surpass Ford (49, 47 billion USD).

With a scale of $ 2 billion, VinFast’s IPO will be the largest ever IPO of a Vietnamese company, after Vinhomes’ first share sale worth $ 1.4 billion in 2018. This could also become the first Vietnamese company to list in the US.

Although VinFast is a fledgling company, the valuation may outstrip traditional Asian carmakers like Suzuki ($ 21.29 billion) and Japan’s Nissan ($ 20.63 billion).

VinFast IPO details including the size and timing may change as discussions with the consultant are in progress. Bloomberg also said that Vingroup representatives declined to comment on this information.

The top 10 car manufacturers with the highest market capitalization are currently Tesla of the US, Toyota of Japan, Volkswagen of Germany, Daimler of Germany, General Motors (GM) of the US, BMW of Germany, BYD and Nio of China. , Stellantis and Ferrari.

March 2021 saw a staggering recovery in the domestic auto market after the end of the Lunar New Year and the Covid-19 epidemic had stabilized.

According to the sales report from the Vietnam Automobile Manufacturers Association (VAMA), the sales volume of the whole market reached 30,935 vehicles, including 21,089 passenger cars; 9,227 commercial vehicles and 619 specialized vehicles. Passenger car sales increased 119%; commercial vehicle by 145% and special use vehicle by 246% over the previous month.

The ‘faces’ in the top 5 best-selling sedans in March 2021.

The sedan segment also experienced significant growth when it sold 7,654 units in March, up 131% from the previous month (with 3,310 units), accounting for 36.3% of total sales of passenger cars. This is still the segment that accounts for the largest share of the domestic car market.

In the top selling sedans in March 2021, Hyundai Accent still shows great performance as this is the third consecutive month this model has been at the top.

Second place was mixed as Toyota Vios took the lead and pushed Honda City down to third place. Perhaps the most surprising is the B-class sedan Mitsubishi Attrage when it first achieved sales of over 1,000 units / month and ranked fourth.

The last position in the top 5 is the name “cult” Vinfast LuxA2.0. This is also the only model in the E-class sedan segment in the top. Meanwhile, C and D sedans have no representation.

Here are the top 5 best-selling sedans in March 2021:

1. Hyundai Accent: 2,094 units

With 2,094 cars sold in March, sales of Hyundai Accent increased nearly 130% over the previous month (with 915 units) and continues to top the segment.

Hyundai Accent shows sales superiority compared to competitors like Toyota Vios or Honda City.

Accent’s Q1 / 2021 sales total was also very impressive when this model reached 4,808 units, leading the domestic auto market, and outperformed two competitors in the same segment, Toyota Vios and Honda City. Accent is also the best-selling model of Hyundai Thanh Cong, with sales of all three Crossover models “in the same house” as SantaFe, Tucson and Kona combined.

Hyundai Accent is a model that TC Motor started to assemble domestically in April 2018. Accent 2021 has just been launched and opened for sale in early December 2020 with many improvements in design.

Currently, the Hyundai Accent 2021 is still distributed with 4 versions, using a 1.4-liter engine with a 6-speed manual transmission or a 6-speed automatic transmission. Accent versions of the price range from 426 to 542 million VND.

2. Toyota Vios: 1,971 units

Toyota’s “divine” car model has fallen dramatically and is accepted behind Honda City in February with only 554 units. However, March saw a return with nearly 2,000 cars sold, a nearly four-fold increase.

Toyota Vios increased 1 place to rank 2nd in the top selling sedans.

Total sales in the first quarter of 2021 of Toyota Vios reached 3,870 units, behind rival Hyundai Accent but still proved to be superior to Honda City. To have sales at such a “okay” level is due to the end of February, Toyota has launched a new upgraded version Vios 2021 with many improvements.

Currently, Vios has a total of 6 versions, an increase of 1 special version (Vios GR-S) compared to before. Vios 2021 is equipped with a 1.5L engine, 5-speed manual transmission or automatic stepless. Vios’s selling price ranges from 478 to 638 million dong.

3. Honda City: 1,182 units

Honda City 2021 appeared at the beginning of 2021, causing this model to achieve very impressive sales in January with 1,579 units. In March 2021, this model also achieved a good sales of 1,182 units, nearly double that of February (613 units).

Honda City 2021 has a significant design change compared to the previous generation.

Honda City 2021 version is newly designed, using a 1.5L engine combined with a CVT automatic transmission. This model is introduced with 3 versions: G, L and RS with prices ranging from 529-599 million VND.

However, this sales is not enough for Honda City to keep the No. 2 position and have to accept being surpassed by Toyota Vios. Total sales in the first quarter of Honda City reached 3,374 units, also ranked third in the segment.

4. Mitsubishi Attrage: 1,002 units

If you look at the sales of 275 units in January and 59 units in February of Mitsubishi Attrage, it is hard to believe that this model could sell more than 1,000 units in March.

With 1,002 units sold in March, Attrage ranked 4th in the top-selling sedans of the month, and for the first time always entered the top 10 best-selling cars in the whole Vietnam market in March 2021.

Mitsubishi Attrage shocked when it first appeared in the top 10 selling cars in the whole market in March 2021.

The addition of New Attrage CVT Premium version at the end of February 2021 with stable supply along with a slight discount policy at dealers recently is considered the reason why this car “sublimation” in terms of price. sales in March.

Mitsubishi Attrage imported from Thailand, is distributed with 3 versions including 1 version of the manual and 2 versions of automatic transmission, all using 1.2 liter engine block. The selling price of this model ranges from 375-485 million VND.

5. Vinfast Lux A2.0

Vinfast’s “cult” sedan has the second month of 2021 being in the top 5 best-selling sedans. Sales of Lux A2.0 in March last reached 548 units, up nearly 60% from the previous month (343 units).

Lux A2.0 still shows stable sales over the past several months.

LUX A2.0 was launched by Vinfast and sold to the market in July 2019, there are 3 versions with 8 colors. All versions of the LUX A2.0 use a 2.0L turbo engine, producing a maximum capacity of 228 horsepower, combined with an 8-speed automatic transmission.

The selling price of Vinfast’s E-size sedan is ranging from 1,129 to 1,367 billion dong. This is also the only car not in the B-class sedan segment in the top 5.

In addition to the names in the top 5 best-selling sedans, sales of other sedans in March 2021 were as follows: KIA Soluto: 509 pcs; KIA Cerato: 469 units; Toyota Camry: 461 units; Mazda 3 sedan: 431 units; Mazda2 sedan: 303 units; Honda Civic: 200 pcs; Hyundai Elantra: 179 units; …

Royal Union

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VinFast VF e34 is the smallest model among 3 “rookie” that the Vietnamese automaker will sell in the US market. This SUV was introduced in Vietnam and received a deposit from the end of March, the car is priced at 690 million dong. VinFast VF e34 is an electric car model in segment C, was announced in January this year under the code name VF31. In the US, the model that VinFast VF e34 is closest to is the Tesla Model Y ($ 39,990-59,990).

The car has a pure SUV design. The appearance is not too angular, instead it is a combination of curves to create blocks. VinFast VF e34 has a wheelbase of 2,611 mm, length x width x height, respectively 4,300 x 1,793 x 1,613 mm, ground clearance 180 mm, unladen weight 1,490 kg.

VF e34 is equipped with an electric motor with a maximum capacity of 110 kW (147.5 hp), maximum torque of 242 Nm and front-wheel drive. The car uses a 42 kWh battery, which can travel 300 km after each full charge. In fast charging mode, VinFast Vf e34 can travel 180 km after 15 minutes of charging.

The interior of VinFast VF e34 has the distinctive design of 5-seater SUVs. Leather seats, integrated steering wheel function buttons. In-car entertainment system includes a 10-inch vertical touchscreen, compatible with Apple CarPlay and Android Auto. 7-inch TFT LCD dial. The center console also has a number of controls and knobs.

Meanwhile, VinFast VF e35 is in the D-class SUV segment. This model has just been introduced on Youtube channel VinFast USA. VF e35 has a design that does not differ too much from the VF32 – the preview of this model. The car still bears the Vietnamese automaker’s DNA with daylight strip and long tail lights, forming a V-shape. The front light system is separated but the main light is not too far from daylight like VF e34.

Compared with the “junior” VF e34, this model has a more sturdy and aggressive appearance thanks to the cut-outs at the top. The rear lights have a familiar design, point-like on two sides and connected to each other.

The interior of the VF e35 looks quite modern with a large 15.4-inch central screen. The car does not have a clock behind the wheel. This information is integrated with the left part of the central screen. There is also information that VinFast will equip the HUD screen for the VF e35. The traditional gear lever is replaced with a set of shift knobs located in the central control area. In addition, the electric car model for the US market also has an interior backlight system, a large sunroof.

In the US, the VF e35 uses two electric motors located on two wheel axes, producing a total capacity of 402 hp and 640 Nm of torque. Comes with a 90 kWh battery pack, this model has a maximum range of more than 500 km. VinFast has not specifically announced the autonomous level of the VF e35. It is highly likely that this model can reach 2-3 autonomous levels.

The largest model among the 3 “rookie” of VinFast in the US is the VF e36. The teaser video introducing this model was also posted on VinFast USA’s Youtube channel. The VF e36 has not been shown yet, but chances are it won’t be much different from the VF33 preview released back in January.

This SUV has an overall length of 5,120 mm, the wheelbase reaches 3,150 mm. Although classified as an E-class SUV with the Ford Explorer, the size of the VF e36 is comparable to larger models such as the Ford Expedition, Chevrolet Traverse, Hyundai Palisade or Kia Telluride. This is considered an advantage of the VF e36 in the US market when there is no electric car in this segment.

The interior of the VF e36 has not been announced yet. But based on the image of VF33 it can be seen that it is quite simple. Some of the highlights of the car are the large center screen, gear shift buttons and interior backlighting system. There is also no dashboard behind the wheel, information will be displayed on the HUD screen.

VinFast VF e36 is equipped with 2 electric motors, each with a capacity of 201 horsepower, for a total capacity of 402 horsepower. The 106 kWh battery pack provides a range of up to 550 km – longer than one of the most powerful electric vehicles today, the Tesla Model S Long Range (525 km). In addition, the car has self-propelled level 3. The rival of the VF e36 in the US is the Tesla Model X, priced at $ 105,000, most likely the SUV from Vietnam will cost less than $ 100,000 to increase its competitiveness painting.