Environment✓ Verified

VinFast PH Opens More Dealers Nearing 60 Dealer Total Before Year Ends

Reported byCleanTechnica ↗·Sourced by Goodlede

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What backs it

Vietnam-based EV manufacturer VinFast has signed Memoranda of Understanding with 13 major Philippine automotive dealer partners to establish 27 new showrooms nationwide. The expansion, spanning Luzon, Visayas, and Mindanao including emerging markets like Subic Bay and Cagayan de Oro, aims to reach 60 operational dealerships by year's end, supported by the country's Electric Vehicle Industry Development Act and rising consumer interest in electrified transport.

Worth noting

The dealership targets are planned; stores are under construction rather than all operational now.

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