What VinFast Indonesia does

VinFast Indonesia is the Indonesian operating subsidiary of VinFast Auto (NASDAQ: VFS), a Vietnam-based electric vehicle manufacturer under the Vingroup conglomerate. Launched in February 2024 at IIMS as the company's first right-hand-drive market, VinFast Indonesia sells seven EV passenger models (VF 3, VF e34, VF 5, VF 6, VF 7, VF MPV 7, Limo Green) and three electric motorcycle models (Evo, Feliz II, Viper), with vehicles featuring up to 18 ADAS functions and 25-27 connected smart features.

The company operates a multi-channel distribution model combining a rapidly expanded dealer network — 134+ locations across 17 provinces with a stated target of 150+ — and a B2B fleet channel, evidenced by MoUs for approximately 600 EVs with three corporate customers signed at IIMS 2024. Pricing spans Rp 156M to Rp 645M, addressing mass-market through premium segments. A unique battery subscription model, V-Green charging infrastructure (targeting 2,800+ stations), and the RVG program create an integrated ownership ecosystem intended to lower entry barriers and produce recurring service revenue.

VinFast Indonesia is preparing to transition from imported CBU sales to local manufacturing through a planned 50,000-unit-per-year plant in Subang, West Java. The subsidiary benefits from substantial capital backing from parent Vingroup — including a $1B personal donation from founder Pham Nhat Vuong and $500M in grants — as well as technology transfer from VinES Energy Solutions for battery production. Revenue is not separately disclosed, but the operational scale-up, dealer footprint, fleet pipeline, and manufacturing commitment indicate a high-investment, high-growth market entry phase.

Name

VinFast Indonesia

Legal name

PT VinFast Automobile Indonesia

Website

https://vinfastauto.id

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

VinFast Indonesia is the Indonesian subsidiary of Vietnam-based VinFast Auto, selling seven electric car models and three electric motorcycle models through a 134+ dealer network across 17 provinces, with a planned 50,000-unit Subang manufacturing plant and integrated battery subscription and V-Green charging ecosystem.

Ownership category

akta.pro rank

Product category

Electric Vehicles

NAICS

Motorcycle, Bicycle, and Parts Manufacturing (336991), Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Motorcycles, Bicycles & Parts (3751), Retail-Auto Dealers & Gasoline Stations (5500)

akta.pro primary industry

Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)

akta.pro secondary industry

E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG)

Keywords

• Electric vehicles
• Electric motorcycles
• Automotive manufacturing
• Charging infrastructure
• Battery subscription

Headquarters

HQ city

Jakarta Selatan

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure, Technology or R&D

Revenue model

1. Electric Vehicle Sales: Sales of electric vehicles including VF 3, VF 5, VF 6, VF 7, VF e34, VF MPV 7, and Limo Green models. Vehicles available with or without battery purchase under subscription model.
2. Battery Subscription: Battery subscription program allows customers to purchase vehicles without battery, paying instead for battery usage through subscription. Includes free subscription for up to 2 years for promotional purchases.
3. E-Motorcycle Sales: Sales of electric motorcycles including Evo, Feliz II, and Viper models with removable battery systems.
4. Connected Services and Infotainment: VF Connect Prime package includes premium connected services. Sony RIDEVU entertainment service offered as complimentary with premium package.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

VinFast Indonesia manufactures, distributes, and sells electric vehicles (EVs) and electric motorcycles in Indonesia. Its lineup includes seven electric car models (VF 3, VF e34, VF 5, VF 6, VF 7, VF MPV 7, LIMO GREEN) and three electric motorcycle models (Evo, Feliz II, Viper). The company sells vehicles through an authorized dealer network and online reservation platform, complemented by a battery subscription program, V-Green charging infrastructure, and warranty/guarantee programs such as the 80% Residual Value Guarantee.

Product overview

VinFast Indonesia offers a comprehensive portfolio of electric vehicles and electric motorcycles, positioning itself as a smart mobility provider. The vehicle lineup includes 7 electric car models (VF 3, VF e34, VF 5, VF 6, VF 7, VF MPV 7, and LIMO GREEN) spanning A-SUV to E-SUV segments and MPV categories, plus 3 electric motorcycle models (Evo, Feliz II, Viper). The product ecosystem is supported by the V-Green charging network infrastructure, battery subscription services, and Residual Value Guarantee (RVG) program. VinFast vehicles feature advanced technologies including ADAS (Advanced Driver Assistance Systems), smart connectivity features, and modern infotainment systems with Apple CarPlay/Android Auto integration.

Differentiator

Problem solved

Functional benefit

Brands

• LIMO GREEN: Electric MPV designed for business owners, featuring spacious cabin and professional impression
• Evo
• Feliz II
• Viper

Products and services

• VF 3 Modern and sporty 4-seater compact eSUV with RWD drivetrain, 40 HP max power, 110 Nm torque, 5.3s 0-50 km/h acceleration, and 36-minute fast charging (10%-70%). From Rp 230,130,000 with battery.
• VF e34 Versatile family electric SUV with 318km NEDC range, 110kW e-motor, 6 airbags, 10-inch touchscreen, C-App smart mobile application with 18 features, and ASEAN NCAP 4-star rating. From Rp 411,860,000 with battery.
• VF 5 Versatile electric SUV for the new generation with 260km range, 94 HP, premium leather interior, 4 airbags, 8-inch touchscreen with Apple CarPlay and Android Auto, and PM2.5 air filter. From Rp 323,170,000 with battery.
• VF 6 Easy Drive eSUV available in Eco (174 HP, 470km NEDC) and Plus (201 HP, 430km NEDC) variants with +18 ADAS features, 360-degree camera, 25 smart features, 7 airbags (Plus), and 59.6 kWh battery with 25-min fast charging.
• VF 7 Dynamic eSUV in Eco (174 HP, FWD, 430km NEDC) and Plus (349 HP, AWD, 471km NEDC, 0-100 km/h in 5.8s) variants with up to 17 ADAS features, 27 smart features, 7 airbags, and hidden door handles.
• VF MPV 7 7-seater family MPV with 2,840mm wheelbase, 185mm ground clearance, 201 HP, 280 Nm torque, 450km NEDC range, 60.2 kWh battery, up to 1,240L cargo space, and comprehensive safety features. From Rp 420,000,000 with battery.
• LIMO GREEN Business-oriented electric MPV designed for commercial fleet and business owners with 2,840mm wheelbase, 180mm ground clearance, refined exterior, and premium interior for a professional impression. From Rp 389,000,000 with battery.
• Evo Electric Motorcycle Electric motorcycle with dual removable battery swap system, 5200W max power, up to 150km range per charge, 80km/h max speed, LFP battery technology, IP67 waterproof rating, and 4.8-inch LED digital dashboard. OTR Jakarta from IDR 17,500,000.
• Feliz II Electric Motorcycle Electric motorcycle with modern style and flexible urban mobility, dual removable battery system, up to 145km range, 90km/h max speed, LED display dashboard, and shock absorption system. IDR 18,500,000.
• Viper Electric Motorcycle Bold breakthrough electric motorcycle with distinctive character, dual removable battery system, up to 145km range, smart TFT display with multi-information, smart key with Bluetooth and GPS, and LED lighting. IDR 22,000,000.
• V-Green Charging Network Proprietary charging station network across Indonesia providing charging and battery swapping services. VF MPV 7 includes 3 years free charging at 2,800+ stations until March 31, 2029; LIMO GREEN includes 3 years free charging at 2,221+ stations.
• Battery Subscription Program Subscription program allowing customers to purchase vehicles without battery and pay instead for battery usage through monthly fees. Includes lifetime battery warranty with unlimited mileage and free battery subscription for up to 2 years for promotional purchases.
• Residual Value Guarantee (RVG) Program allowing customers to sell their EV back at 80% of the original price to reduce depreciation risk.

Quantifiable outcome

• Lower cost of ownership than gasoline-powered cars in its class
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered flagship and core.

• Sony Pictures EntertainmentflagshipTechnology or Integration · 10 May 2024VinFast is world's first automaker to launch Sony's RIDEVU entertainment service on VF 8. RIDEVU provides access to 2,000+ movies included complimentary in VF Connect Prime package. Service available on Android, iOS, Android TV, Apple TV, and Linux.
• PT. Energi Mandiri Bumi PertiwicoreStrategic or Co-development Partner · 22 February 2024Jakarta-based company that signed MoU with VinFast at IIMS 2024 to receive electric vehicles for corporate fleet expansion. Part of a 600 EV order from three Indonesian businesses.
• PT. Sumber Amarta JayacoreStrategic or Co-development Partner · 22 February 2024Jakarta-based company that signed MoU with VinFast at IIMS 2024 to receive electric vehicles for corporate fleet expansion.
• PT. Teknologi Karya Digital Nusa TbkcoreStrategic or Co-development Partner · 22 February 2024Indonesian technology company that signed MoU with VinFast at IIMS 2024 to receive electric vehicles for corporate fleet electrification.
• GSU (Dealer)coreChannel Partner/ Reseller/ Distributor · 16 February 2024First VinFast dealer in Indonesia with headquarters in Jakarta. Part of initial dealer network expansion at IIMS 2024.
• BAM (Dealer)coreChannel Partner/ Reseller/ Distributor · 16 February 2024First VinFast dealer in Indonesia with headquarters in Jakarta. BAM Director Hartono Kurniawan cited VinFast's green vision and strong EV foundation.
• GNA (Dealer)coreChannel Partner/ Reseller/ Distributor · 16 February 2024First VinFast dealer in Indonesia with headquarters in Jakarta. Part of initial five-dealer network launch.
• MCA (Dealer)coreChannel Partner/ Reseller/ Distributor · 16 February 2024First VinFast dealer in Indonesia based in Medan. Expands dealer network coverage to North Sumatra region.
• Majesty (Dealer)coreChannel Partner/ Reseller/ Distributor · 16 February 2024First VinFast dealer in Indonesia based in Batam. Expands dealer network coverage to Kepulauan Riau province.
• V-Green (PT VGreen Global Charging Station Investment Indonesia)coreStrategic or Co-development PartnerV-Green operates the battery charging and swapping network across Indonesia. VinFast shares customer data with V-Green for service delivery. Network has 2,800+ stations providing free charging for VinFast customers until March 31, 2029.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Neta Auto Indonesia: Neta is a Chinese EV brand selling the V and U models in Indonesia, competing directly with VinFast's VF 5 and VF e34 in the affordable compact SUV segment with similar price points.
• MG Motor Indonesia: MG (SAIC) sells the MG4 EV and ZS EV in Indonesia, directly competing with VinFast in the mass-market EV segment with comparable pricing and feature positioning.
• BYD Indonesia: BYD is the world's largest EV maker and has rapidly expanded into Indonesia with the Atto 3, Dolphin, Seal, and M6, directly competing across VinFast's SUV and MPV segments with aggressive pricing and recognized brand power.
• Wuling Motors Indonesia: Wuling (SAIC-GM-Wuling) is the dominant Chinese-affiliated automaker in Indonesia with established local manufacturing and a broad lineup of EVs (including the Air ev and BinguoEV) directly competing with VinFast's VF series in similar price segments.
• Chery Indonesia: Chery entered Indonesia with the Omoda E5 and other EVs, competing in similar compact-to-mid SUV segments as VinFast VF 5, VF 6, and VF 7, with comparable ADAS features and pricing strategy.
• Gesits (PT Gesit Perdana): Gesits is an Indonesian electric motorcycle manufacturer (backed by local conglomerate) selling e-motorcycles that directly compete with VinFast's Evo, Feliz II, and Viper in the two-wheeler EV segment.
• DFSK / Seres Indonesia: DFSK distributes the Seres E1 and other EV models in Indonesia, competing in the affordable EV segment with VinFast VF 3 and VF 5 on price and features.
• Hyundai Motor Indonesia: Hyundai manufactures in Indonesia (Cikarang plant) and sells the Ioniq 5, Ioniq 6, and Kona Electric directly competing with VinFast's premium SUV models VF 6 and VF 7 in the same consumer segment.
• Volta Indonesia: Volta is an Indonesian e-motorcycle brand offering the Viar and other models, directly competing with VinFast's e-motorcycle lineup on urban delivery and personal transport use cases.

Broad incumbents

• VinFast Auto (Vingroup): VinFast Auto (NASDAQ: VFS) is the Vietnamese parent listed company that owns and capitalizes VinFast Indonesia. It provides the manufacturing, R&D, and VinES battery technology that the Indonesia subsidiary depends on, making it the most relevant parent-level comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/vinfastglobal
• Facebookfacebook.com/VinFastAuto
• LinkedInlinkedin.com/company/vinfast-indonesia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VinFast Indonesia