VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands.

The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.

VinFast said in a statement that it plans to open at least 25 VinFast stores in Germany, 20 in France and 5 in the Netherlands.

The first confirmed German locations include Frankfurt, Berlin, Cologne, Oberhausen and Hamburg. In France, locations include Paris, Marseille, Nantes, Rennes, Nice, Montpellier, Aix en Provence and Metz.

It is also expected that Amsterdam will be the first VinFast store to open in the Netherlands.

Following a robust evaluation process that considered factors such as existing infrastructure, VinFast said locality and potential EV community, locations have been selected to optimize customer convenience.

Stores will vary in size and offer sales-only or a comprehensive sales and servicing capability, it added.

“Announcement of VinFast Stores in French, German and Dutch markets affirms VinFast’s seriousness and commitment to Europe. VinFast is not just here to sell cars. We are here to inspire change and accelerate the transition to electric vehicles for the benefit of the environment,

“We are here to support every customer on their journey with VinFast, from reservation to their experiences throughout the vehicle life. We are confident that beside our reasonable pricing, product quality, innovative and flexible sales policies, our outstanding service will be the key factor to provide customers with excellent ownership experiences,” said Le Thi Thu Thuy, Vingroup Vice Chairwoman and VinFast Global Chief Executive Officer.

VinFast has recently announced the pricing details of the VF 8 and VF 9 along with their battery subscription plans for Dutch, German and French markets, which provide consumers with a wide range of flexibility.

VinFast is also actively working with strategic partners in the markets to develop EV infrastructure and optimized solutions for customers. The partnership with FCA Bank, announced in May, enables flexible and innovative financing services to make premium EV ownership attainable to everyone.

The announcement of imminent European VinFast Stores marks the next milestone in the company’s go-to-market strategy to make the EV transition more accessible, convenient and dynamic.

Applied from Jan 5 to May 30, 2022, the VinFirst program – VinFast’s exclusive package for early pioneering customers – received approximately 73,000 reservations globally.

VinFast – a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, it owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, it constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy to inspire global customers to jointly create a future of smart mobility a sustainable planet.

Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion from three publicly traded companies (as of November 4, 2021). It currently focuses on three main areas: technology and industry, services and social enterprise.

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