What's Going On With VinFast Auto Shares Today?

VinFast Auto Ltd. VFS shares are trading higher in the premarket session on Friday.

According to Benzinga Pro, VFS stock has lost over 87% in the past year.

Today, the firm debuted the first VF e34 C-SUVs at the Gaikindo Indonesia International Auto Show (GIIAS) 2024, marking a pivotal moment as they delivered the vehicles to pioneering customers in Indonesia.

During a ceremony at VinFast’s GIIAS 2024 booth, the first VF e34 cars were delivered to customers, just five months post-launch and four months since sales began.

The VF e34, an e-SUV in the C-segment, features modern design and advanced technology, ensuring an outstanding driving experience. VinFast’s customer-focused approach includes flexible sales policies like battery subscription options, enhancing affordability.

Also Read: BYD Challenges VinFast In Vietnam, Aims To Expand Car Dealerships From 13 Locations To 100 By 2026

Owners benefit from after-sales support: a 10-year vehicle warranty, unlimited mileage battery warranty for purchased batteries, and free maintenance and replacement for subscription batteries below 70% capacity.

At GIIAS 2024, VinFast offers exclusive prices: VF 5 from IDR218.25 million (~$13,471) and VF e34 from IDR273 million, valid for first 1,000 units with battery purchase or subscription.

Post-event prices constitute VF e34 IDR 408.200 million (battery included), IDR314.00 million (subscription); VF 5 IDR310 million (battery included), IDR 241.80 million (subscription) (On The Road Jakarta).

Price Action: VFS shares are trading higher by 3.08% to $4.69 premarket at last check Friday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image via Shutterstock

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