Core Insights - VinFast, a Vietnamese electric vehicle manufacturer, has partnered with INKAS® to launch the Lac Hong 900 LX, an armored electric SUV that combines electric mobility with high-level security [1][2][3] Product Development - The Lac Hong 900 LX is built on the VinFast VF 9 platform and is designed to meet stringent international standards for ballistic and blast protection [2][4] - The vehicle has undergone extensive third-party testing, achieving certifications for high-level ballistic protection, including VPAM VR/-certification and the ability to withstand live ballistic testing [3][4] Cultural Significance - The launch of the Lac Hong 900 LX coincided with Vietnam's 80th National Day, symbolizing national pride and technological advancement [5][6] - The name "Lac Hong" is derived from a legendary lineage in Vietnamese history, linking the vehicle to the nation's heritage and aspirations for global leadership [7] Market Positioning - The Lac Hong 900 LX is targeted at high-profile clients, including heads of state and corporate leaders, emphasizing its blend of sustainability, technology, and security [4][6] - The VF 9, VinFast's flagship consumer model, serves as a foundation for the Lac Hong 900 LX, showcasing the company's capability in producing advanced electric vehicles [8][15] Consumer Offering - The VF 9 is a full-size electric SUV available in the U.S., featuring a range of 330 miles for the Eco model and 291 miles for the Plus variant [10][12] - The vehicle includes a comprehensive suite of safety features, a customizable touchscreen, and a generous warranty package, enhancing its appeal to family-oriented consumers [13][14]

MARKHAM, Ontario--(BUSINESS WIRE)--Prestige no longer lives in roaring engines and chrome grilles. In Canada, it lives in clean lines, calm power, and features that feel both bold and elegant. Electric vehicle sales are growing, but adoption remains uneven. In Q2 2025, zero-emission vehicles made up only about 8.6 percent of new vehicle registrations nationwide1. Some provinces do much better: Quebec has seen its share rise above 11 percent2. In that climate, a premium electric SUV has to do mo. ...

Core Insights - The VF 9 electric SUV is highlighted as a notable option for Canadian families seeking three-row vehicles that accommodate both space and range in a limited market [1] Company and Industry Summary - The VF 9 is positioned to meet the needs of Canadian families, particularly for activities such as transporting hockey bags and managing long commutes [1] - The vehicle's spacious design and range capabilities make it one of the few viable three-row electric options available in the current market [1]

Core Insights - VinFast is participating in Electrify Expo Chicago 2025, highlighting its commitment to the electric vehicle market and global expansion strategy [1][6] - The company will showcase its VF 8 and VF 9 electric SUVs, emphasizing their design, technology, and safety features [2][4] - VinFast aims to enhance brand awareness and community engagement through partnerships with local dealers [4][6] Product Details - The VF 8 SUV is priced starting at $39,900, with lease rates from $279/month, while the VF 9 starts at $62,900 with lease rates from $449/month [4] - Both models come with competitive financing options, including 0% financing promotions [4] - VinFast offers a robust warranty policy of 10 years or 125,000 miles for vehicles and 10 years with unlimited mileage for batteries [5] Market Strategy - The company has transitioned from a direct-to-consumer sales model to a dealership-based network across 14 states to improve customer access [7] - VinFast is expanding into high-potential markets such as Indonesia, the Philippines, India, and the Middle East, following its establishment in North America and Europe [8] - The company is committed to adapting its business strategies based on market analysis and macroeconomic conditions [9]

Core Insights - VinFast has opened its first authorized dealership in California, marking a significant step in its strategy to expand its dealership network across the U.S. [1][5] - The company aims to drive the green transportation revolution in the U.S. by providing high-quality electric vehicles and exceptional services to American consumers [1][6]. Dealership Expansion - The new dealership in San Diego will officially begin operations this month, allowing consumers to explore and purchase or lease the VF 8 and VF 9 electric SUVs [2][4]. - VinFast is actively seeking additional dealership opportunities throughout California, recognizing the state's significant electric vehicle growth potential [4][5]. Sales Model Transition - In late 2023, VinFast introduced a dealership sales model and is transitioning to a franchise dealership model across all 50 states to enhance business efficiency [5]. - The company has established over 30 authorized dealerships in 15 key states, including California, Texas, and New York [5]. Product Offering and Pricing - The VF 8 is priced at a Manufacturer's Suggested Retail Price (MSRP) of $39,900 for the Eco trim and $44,900 for the Plus trim, with leasing options starting at $269/month [6]. - The VF 9 has an MSRP starting at $62,900, with leasing programs beginning at $449/month, and both models are eligible for 0% interest financing [6]. After-Sales Services - The San Diego dealership will provide comprehensive after-sales services, including warranty support, maintenance, and genuine parts [3]. - VinFast is committed to training its dealership staff to ensure a highly skilled workforce knowledgeable in VinFast products and services [3]. Warranty and Market Strategy - All VinFast EV models in the U.S. come with a 10-year or 125,000 miles warranty for the vehicle and a 10-year unlimited mileage warranty for the battery under non-commercial use [7]. - The company is focused on adapting its strategies based on market analysis while pursuing its vision to drive the global green revolution [9]. Global Expansion - VinFast is expanding its presence in high-potential markets such as Indonesia, the Philippines, India, and the Middle East, building on its established presence in North America and Europe [8]. - The company aims to make electric vehicles accessible to everyone, with a diverse product lineup that includes various electric SUVs [10].