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VinFast lowers rental prices for first-time buyers from the US | – #VinFast #lowers #rental #prices #firsttime #buyers

HANOI, Feb 27 (Reuters) – Vietnamese electricity car manufacturer VinFast for its first customers in California, according to the company’s website and emails sent to customers USAreduced the rental price of the first model shipped to 50%. Reuters.

A Vietnamese company that is a subsidiary of the conglomerate Vingroup JSC (VIC.HM). january 599 monthly for 24 months of the first VF8 all-electric crossovers dollars said that it will be rented by paying.

399 per month for a 24-month lease on its website on Monday dollars shown. The company told people who had already paid a refundable deposit on the car, according to messages sent to potential buyers reviewed by Reuters. USA274 per month in California, the first state to buy cars dollars will be

That’s between 33% and 54% off the original advertised monthly rental price.

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VinFast did not immediately comment on pricing.

The move is the latest sign of increased price competition from EV makers. Global EV leader Tesla ( TSLA.O ), january globally per month prices 20%, although since then on some models and in some markets prices increased with smaller differences.

Biden EV loans that came into effect at the beginning of the year of the administration car The calculations for producers and US consumers have also changed.

Electric vehicles manufactured by Tesla in North America qualify for a $7,500 consumption tax credit. In case the cars are sold by one of the companies certified by the IRS, car businesses, including leasing finance companies, up to $7,500 for EVs credit they can request.

VinFast was not listed as one of 39 “qualified manufacturers” on Monday’s IRS list.

VinFast said earlier this month that US Bancorp ( USB.N ) would provide lease financing for the company’s sales in the United States.

Car subscription service Autonomy has signed a deal with VinFast to buy 2,500 EVs, the companies said in November.

VinFast shipped the 999 EV to California late last year. Those cars have not yet been handed over to buyers.

The company’s initial public in the United States offer has applied for and plans to build an electric vehicle assembly plant in North Carolina.

Added by Kevin Krolicki in Singapore report; Edited by Sam Holmes

Our standards: Thomson Reuters Trust Principles.

2023-02-27 08:26:31
Source – reuters

Translation“24 HOURS”



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