Electric Car Priced Under $7,000 Goes on Sale, Targets Families with 210km Range

Vietnamese electric vehicle manufacturer VinFast is expanding its product lineup with the introduction of the new VF 2, an entry-level electric car aimed at emerging markets. With a price tag of 188 million Vietnamese dong (approximately NT$229,000 or US$7,000), the VF 2 is positioned to compete with high-end motorcycles in local markets, targeting consumers seeking their first car, small families, or individuals looking to upgrade from two-wheelers.

The VF 2 is based on the commercial electric vehicle Minio Green, which is used for logistics and ride-sharing services. However, the VF 2 is specifically designed for the general family market, offering an alternative to used cars and motorcycles. Its compact dimensions, measuring just 309 cm in length, 150 cm in width, and 166 cm in height, make it even smaller than Japanese K-Cars. Despite its small size, it features a distinctive design with LED headlights and a crossover-inspired exterior, projecting a lively urban image.

While budget-friendly, the VF 2 is equipped with essential features such as manual air conditioning, power windows, a 7-inch digital instrument cluster, and a dual-speaker audio system. The interior accommodates two adults and two children, with all four seats fitted with three-point seatbelts, making it adequate for short commutes or small family use. The car is powered by a rear-mounted single motor driving the rear wheels, producing 40 horsepower and 6.6 kg-m of torque. It has a top speed of 80 km/h and is equipped with an 18.3 kWh battery pack, offering a NEDC-certified range of 210 km, with a more realistic range estimated around 160 km.

Basic safety features include a driver's airbag, Traction Control System (TCS), Anti-lock Braking System (ABS), and Electronic Brakeforce Distribution (EBD). The suspension system uses front and rear MacPherson struts. Charging is supported by 24kW DC fast charging, capable of replenishing the battery from 10% to 70% in about 34 minutes, with a full charge estimated within an hour. VinFast is also offering owners complimentary charging services, with 10 free charges per month through its V-Green network until February 2029.