VinFast's Long-Term Vision Amidst Europe's Electric Vehicle Transformation

Paris, October 2, 2026 - The European electric vehicle (EV) market has evolved at a breathtaking pace, surpassing even the most optimistic forecasts. By August, fully electric vehicles accounted for 30.5% of new car sales across 16 major European markets, totaling 202,833 registrations—a staggering 54.2% increase from last year. Transport & Environment had predicted a 23% share of electric vehicles in the EU earlier this year, with Rho Motion estimating around 21% for the continent.

Now, nearly one in three newly registered cars is fully electric, marking a significant shift in consumer behavior as electric mobility gains mainstream acceptance rather than remaining a niche sector. This transformation is mainly propelled by major European markets, with France hitting an impressive 38.3% share of battery-electric vehicles (BEVs) in August, followed closely by Germany at 32.5%. Public transport is undergoing even swifter change, as projections indicate that six out of ten new city buses registered in the EU by 2025 will be zero-emission, backed by stringent EU regulations requiring that 90% of registered city buses achieve this by 2030, and 100% by 2035.

With this mainstream evolution comes changing expectations from consumers. Chris Heron, Secretary-General of E-MobilityEurope, aptly stated, “The priority now lies in certainty coupled with delivery.” Europe, recognized as one of the most competitive and heavily regulated automotive markets in the world, requires more than just competitive products for success; it demands trust, reliability, and a sustainable presence.

VinFast is acutely aware of this reality as it approaches the European market. The company has crafted its European strategy around three fundamental pillars: products tailored to European priorities, entry into the public transport sector, and a solid localized commercial and service infrastructure.

Cars Designed for European Drivers

The VF 6, VinFast's compact electric SUV, is engineered to address the preferences of European consumers, emphasizing efficiency, design, and accessibility. It is ideally suited for urban traffic and daily commutes, where efficiency and ease of use are paramount. For these consumers, accessibility is not merely an added bonus but an essential factor in making the transition to electric vehicles.

Electric Buses for European Cities

In addition to personal vehicles, VinFast is making strides into public transport with its electric buses, the EB 8 and EB 12. Recently, the EB 12 secured full European certification, proving its compliance with rigorous European standards. This achievement showcases VinFast's ability to deliver vehicles that meet local infrastructure needs. This milestone is particularly timely, as current EU regulations are pushing cities towards fully zero-emission bus fleets, creating a pressing demand for certified, reliable suppliers who can deliver promptly.

A Local Presence Customers Can Trust

VinFast recognizes that in Europe, the vehicle represents just a portion of the overall promise. The company is building a robust local commercial presence through partnerships with dealers and service providers throughout the region. These collaborations ensure that VinFast customers have access to maintenance, support, and warranty services that align with European standards.

This partnership-based retail model is a deliberate strategy. In Europe, after-sales service and brand reliability are as critical as the vehicles themselves. By teaming up with established local partners, VinFast blends its innovative technologies with entities that have a deep understanding of their markets, customers, and regulations. For drivers, this translates to accessible service. For fleet managers, it means reliable support that keeps vehicles on the road. For VinFast, it offers a gradual opportunity to build trust within each new market it enters.

Built for the Long Haul

VinFast's commitment to the European market is a long-term endeavor, not merely a short-term strategy aimed at boosting sales volume. By merging competitive electric vehicles, certified electric buses, and an expanding local service network, the company caters to both the purchasing desires of European customers and what ensures their loyalty post-purchase.

As the transition to electric driving gains momentum in Europe, the question for drivers and cities has shifted from whether they should adopt electric vehicles to which brand they can place their trust in for the future. VinFast aims to be that brand, delivering accessible and well-designed electric vehicles on European roads, backed by the service and support that European customers expect.