VinFast E-Motorcycles Get Finance Boost via SB Deal
Motorists seeking to ditch petrol amid rising fuel prices now have a significant boost in access to electric mobility. SB Finance and VinFast Auto Philippines Corp. have announced a strategic partnership, offering financing solutions for VinFast electric motorcycles at dealerships across the country.
The collaboration aims to make VinFast’s range of electric motorcycles more accessible to Filipino consumers, addressing concerns about affordability and providing an alternative to traditional fuel-powered vehicles. The partnership comes at a time when geopolitical conflicts are driving up fuel costs, making electric alternatives increasingly attractive.
SB Finance will provide a range of financing options to qualified buyers, simplifying the process of purchasing a VinFast e-motorcycle. Details regarding interest rates, loan terms, and eligibility criteria are expected to be released shortly through both companies' official channels. This move is part of a broader trend towards embracing sustainable transportation solutions in the Philippines.
VinFast, a Vietnamese electric vehicle manufacturer, has been expanding its presence in the Philippines, aiming to contribute to the country’s shift towards cleaner and more efficient transportation. The partnership with SB Finance is a key step in accelerating this adoption by removing a significant barrier to entry – financing.
The availability of financing options is expected to significantly impact the demand for VinFast electric motorcycles, potentially contributing to a reduction in carbon emissions and a decrease in reliance on imported fossil fuels. Customers can expect to find these financing options available at all authorised VinFast dealerships nationwide.
