VinFast, the Vietnamese automaker, made waves at the 2021 L.A. Auto Show with the introduction of its new electric SUV, the VF9. Originally slated to hit U.S. dealerships by the end of last year, the VF9 is now expected to arrive next month. And to sweeten the deal for eager shoppers, VinFast has decided to offer a discount from the original pricing.
According to Car and Driver, the VF9 was initially listed at $83,000 for the entry-level model. However, VinFast has now reduced the price, with the VF9 Eco starting at around $71,000 after destination, a substantial $12,000 discount. The higher-end VF9 Plus, previously priced at $91,000, now starts at $75,000 after destination, a reduction of $16,000.
Despite the price drop, there are still some uncertainties surrounding the VF9. One of the notable issues is the unclear stance on federal tax credits. Initially, VinFast promised to cover the full $7,500 tax credit while it worked on establishing a new facility in North Carolina and sourcing batteries in compliance with regulations. However, there is no mention of this on the company’s retail site, leaving potential buyers in the dark.
Furthermore, the VF9 configurator on VinFast’s website does not allow customization options for the Eco model, displaying “To Be Confirmed” in the dialogue box. It’s unclear if this is a site issue or a lack of available information. Additionally, buyers may find higher prices on window stickers for models in colors other than Jet Black, as Crimson Red, Deep Ocean, Neptune Gray, and VinFast Blue come with an additional cost of either $1,200 or $1,500.
Another important aspect to consider is the availability of advanced driver assistance systems (ADAS) technology features. VinFast’s website cautions that certain ADAS features may be subject to delayed availability and could require a future software update or subscription.
Moving on to the specifications, the VF9 Eco boasts an impressive EPA-rated range of 330 miles on a single charge, while the VF9 Plus offers a range of 291 miles. Both models are equipped with a 123-kWh battery pack and utilize two motors, delivering a combined 402 horsepower and 457 pound-feet of torque, as well as all-wheel drive. The retail site states that both models come with a 15.6-inch touchscreen infotainment screen, navigation, Android Auto and Apple CarPlay compatibility, a head-up display, 13-speaker audio with a subwoofer, ambient lighting, adaptive cruise control, traffic sign recognition, surround-view cameras, front and rear parking assist systems, auto high beams, and lane-keeping assistance features.
VinFast has positioned the VF9 as a premium offering with its own unique selling points. The VF9 justifies its higher price tag by offering perks such as a panoramic glass roof, more luxurious front and second-row seating, an eight-inch display screen on the rear console, and 21-inch wheels.
While VinFast has yet to provide specific sales numbers for the U.S. market, the VF9 faces stiff competition from other electric SUVs like the Kia EV9 and the Rivian R1S. With its updated pricing and impressive features, it remains to be seen if the VF9 can carve out a significant market share in this competitive segment.
In conclusion, the VinFast VF9 electric SUV is set to make its way to U.S. dealerships next month, offering buyers a discount from the original pricing. However, uncertainties regarding federal tax credits, configuration options, and ADAS features may leave some potential buyers hesitant. With its impressive range and luxurious features, the VF9 aims to stand out in the crowded electric SUV market. Time will tell if VinFast can achieve success with its latest offering.
