Motor Mouth: VinFast is lowering EV prices—by renting you the battery

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Now, that’s U.S. pricing which means, using current exchange rates — and VinFast, unlike most automakers, is looking at maintaining consistent pricing across all markets — that its Chevrolet Equinox/Ford Edge-sized VF 8 will cost a little more than CDN$52,000 when it goes on sale in Canada later this year, its VF 9 Jeep Grand Cherokee/Hyundai palisade equivalent to about CDN$71,500.

Neither MSRP is competitive with its fossil-fueled equivalent, but compared with the Tesla Model Y, the VF 8 is some CDN$20,000-plus cheaper, and the VF 9’s 70-large is about half of what Tesla wants for a Dual Motor Model X. If VinFast can hold that pricing, the Vietnamese would seem to have solved the price parity problem that continues to plague the electric vehicle segment. The one teeny, tiny caveat to this seemingly bright news is that—

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