VinFast Introduces 'Trade Gas for Electric' Program Amid Fuel Crisis

Vingroup has launched a unique "Trade Gas for Electric" initiative in important markets in the Philippines, Vietnam, India, and Indonesia.

The goal of this program is to encourage consumers to convert to VinFast's electric cars and scooters from their outdated gasoline-powered vehicles.

For customers who trade in their old gasoline-powered vehicles, the scheme offers an additional 3% discount on VinFast electric automobiles and 5% on VinFast electric scooters from March 11 to March 31, 2026.

In addition to these savings, the program offers a 10% fee reduction for Xanh SM services, which are available in all four countries within the same time frame.

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Duong Thi Thu Trang, Deputy CEO of Global Sales at VinFast, explained, “The special 'Trade Gas for Electric' programme launched in March across four key markets is VinFast’s timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world.

As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup’s green ecosystem aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”

In additional to lowering consumers' reliance on petroleum, the program also promotes a trend towards environmentally conscious and sustainable modes of transportation. The program could possibly be expanded in response to global events and changes in fuel prices, driving the switch to environmentally sustainable transportation and electric vehicles.