VinFast, the electric vehicle manufacturer under Vietnam’s conglomerate VinFast, has launched the VF MPV 7 electric vehicle in the Philippines, making the country the third international market where the model is available.

In a statement on Thursday, VinFast said the launch expands its product lineup in the country and supports the adoption of electric vehicles. Antonio Zara, CEO of VinFast Southeast Asia, said the launch is part of the company’s expansion strategy and reflects its long-term plans for the Philippine market.

The VF MPV 7 is a seven-seat electric MPV aimed at family users. The model is intended for customers upgrading from conventional MPVs, a segment that accounts for nearly 20% of automotive sales in the Philippines.

The VF MPV 7 is priced at PHP1.52 million ($25,000) with the battery included and PHP1.24 million under a battery subscription model. Subscription fees are set at PHP2,700 per month for up to 2,000 km of usage and PHP 4,150 per month for distances exceeding 2,000 km.

Orders for the VF MPV 7 opened through VinFast dealerships starting May 5. Customers purchasing the battery-included version will receive a PHP27,200 discount.

The battery can charge from 10 percent to 70 percent in about 30 minutes using fast charging. VinFast said the model can travel up to 450 km on a full charge under NEDC standards. Owners in the Philippines will have access to free charging at V-Green stations through March 2029, according to VinFast.

According to its preliminary and unaudited financial results, for the full year 2025, VinFast’s revenue totaled VND 90,427.6 billion ($3.6 billion), representing 105.4 percent growth compared with 2024. For the full year 2025, global EV deliveries reached 196,919 vehicles, a 102 percent increase compared with 2024.

Vietnam’s electric vehicle maker VinFast reports 4,893 overseas sales in Q1/2026