VinFast Launches EV Rentals in Indonesia, Philippines
Get the Energy newsletter
Daily energy & climate — solar, EVs, oil, the policy fights and tech bets shaping the transition. Free.
- VinFast launched an EV rental program for transport and ride-hailing drivers in Indonesia and the Philippines, offering access to its Green lineup through authorized dealerships with a low initial deposit, long-term contracts, and fixed daily rates.
- Rental pricing starts at IDR 312,500 in Indonesia and PHP 1,000 in the Philippines, enabling drivers to begin operating without purchasing a vehicle outright.
- The rental fleet features VinFast's Herio Green and Limo Green models, designed for frequent commercial use with emphasis on durability, efficiency, and passenger comfort.
- Initial deployment targets Greater Jakarta and Metro Manila, with expansion planned as operations scale.
- Drivers and fleet operators gain access to free charging at V-Green stations through March 2029, helping reduce operating costs amid volatile fuel prices.
- Duong Thi Thu Trang, Deputy CEO of Global Automotive Sales at VinFast, said the initiative is the company's 'next logical step' in greening commercial transport while providing drivers a stable income source.
- The rollout is part of a broader regional push by parent company Vingroup, which is also running a 'Trade Gas for Electric' program and promotional discounts for electric ride services in Indonesia.
Why it matters: VinFast is targeting Southeast Asia's ride-hailing workforce — historically locked out of EV ownership by upfront costs — with daily rates as low as PHP 1,000 and free charging through 2029. The rental structure effectively subsidizes EV adoption in commercial transport across two of the region's largest ride-hail markets, where volatile fuel prices squeeze driver margins and electrified fleets could reshape operating economics.
Ask SkimNews
