Vingroup Introduced Trade Gas For Electric (Press Release) | V3Cars

Here’s what Vingroup have to say about the “Trade Gas for Electric” programme:

Vingroup announced the launch of a special “Trade Gas for Electric” programme across Vietnam, India, Indonesia and the Philippines, aimed at encouraging customers to transition from gasoline vehicles to electric mobility solutions amid volatility in global fuel prices.

Under the initiative, customers who switch from older gasoline vehicles to new electric vehicles from VinFast will receive an additional 3% discount on electric cars and a 5% discount on VinFast electric scooters. The incentives will be offered alongside existing promotional schemes currently available in each market.

The programme will be implemented simultaneously across the four markets, with the objective of supporting customers as fuel costs fluctuate while accelerating the adoption of electric mobility.

In parallel, GSM Green and Smart Mobility announced a temporary fare reduction for its ride-hailing services. Customers using the Xanh SM service in Vietnam and Green SM will receive a 10% reduction in fares between March 11 and March 31, 2026. The initiative aims to make electric mobility services more accessible and cost-effective for commuters.

The programme may be extended depending on international developments and future fuel price movements.

Commenting on the initiative, Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales at VinFast, said:

 

“The special ‘Trade Gas for Electric’ programme launched in March across four key markets is VinFast’s timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world. As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup’s green ecosystem aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable and more cost-efficient mobility solutions.”

The “Trade Gas for Electric” programme will run in parallel with other incentives available in each market. Through a layered incentive structure, Vingroup and companies within its ecosystem aim to support customers in transitioning to electric vehicles, reduce dependence on gasoline, stabilise everyday mobility costs and contribute to building a cleaner and more sustainable transportation ecosystem.

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