VinFast: Accelerating expansion into the Southeast Asian market, planning to establish hundreds of retail outlets by 2027.
On February 2nd, according to reports, Vietnamese electric car manufacturer VinFast announced that it will accelerate the global expansion of electric motorcycles, with plans to enter the markets of the Philippines, Indonesia, India, Thailand, and Malaysia in the first phase. The company stated that it will introduce multiple swappable electric motorcycle models, including the VinFast Flazz, Evo, Feliz II, and Viper series, and continue to increase its lineup of new models. VinFast stated that it plans to establish hundreds of retail outlets in the above-mentioned markets by 2027 to build a regional sales network. The company will rely on a localized cooperation model, combining battery-swapping technology and smart features, to meet the demand for convenient urban travel in the Asian market.
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