VinFast Rolls Out EV Incentives Amid Surging Fuel Prices

Amid rising fuel prices around the world, VinFast has rolled out a new "Trade Gas For Electric" program, encouraging customers to switch to electric cars. This initiative will run across four nations, including India, Vietnam, Indonesia and the Philippines. By now, you must be wondering what this new program has to offer.

Under this new initiative, customers who want to replace their old ICE cars with VinFast's electric cars will receive an additional incentive from the brand. Indian buyers can avail an extra discount of 3% on their electric cars. Meanwhile, in other countries, buyers can avail a 5% discount on the electric scooters on top of all existing offers. Apart from this, the brand has also announced 10% fare reduction on its electric mobility services starting from March 11, 2026 to March 31, 2026.

This program will mainly run across four region aimed reducing the impact of rising fuel price while encouraging a shift to greener mobility. Commenting on the initiative, Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales at VinFast, said that the “Trade Gas for Electric” programme is a timely response to the geopolitical volatility affecting fuel prices and global socio-economic conditions. She added that VinFast, along with companies in Vingroup's green ecosystem, aims to help reduce the impact of rising fuel costs on daily life while promoting smarter, more sustainable, and cost-efficient mobility solutions through greater EV adoption.

Notably, the brand has clarified that this new scheme will operate alongside other existing offers available in each respective market. While this program can also be extended depending on the global fuel markets.