“Electric car” for just under 27,000 zł from Vietnam. VinFast is eyeing Europe

The VinFast VF 2 is only 3.09 meters long, has four seats, 41 horsepower, and costs around 26,800 zł in Vietnam. For now, it is a model intended solely for the domestic market, but the Vietnamese manufacturer is increasingly suggesting that a similar car could find customers in Europe as well. The question is how much of its exceptionally low price would remain after European homologation.

In short:

The European market is attractive not only to manufacturers from China or Korea

Vietnamese VinFast is looking more boldly toward the Old Continent

The manufacturer has just introduced the VF 2 to Vietnamese customers

It is a microcar designed for crowded cities

The car is half a meter shorter than the Fiat 500e

Its price also differs in Vietnam. How much? Approximately 27,000 zł!

First deliveries to local customers are scheduled for September

VinFast in micro version

Europe has been waiting for truly affordable electric cars for several years. Other models cost around 100,000 zlotys – but there are few that are even cheaper.

The answer might come from Vietnam. The local brand – VinFast – offers a rather radical solution. The new VF 2 is a microcar designed primarily for crowded cities, and it costs 188 million dongs in its home market. At the current exchange rate, this is approximately 26,800 zlotys.

The VinFast VF 2 is really small

The VF 2 measures 3090 mm in length, 1496 mm in width, and 1663 mm in height. The wheelbase is 2065 mm. It has a two-door body but offers four seating positions inside. For comparison, the Fiat 500e is nearly 3.63 m long, making it over half a meter longer. The engine mounted at the rear axle produces 41 HP and 65 Nm of torque. The top speed is limited to 80 km/h.

The battery has a usable capacity of 18.3 kWh. VinFast claims a range of up to 210 km, but this is based on the older and less stringent NEDC standard, so this figure should not be directly compared to today’s WLTP values for European electric vehicles.

The DC charging capacity reaches up to 24 kW. It takes about 34 minutes to charge from 10% to 70%.

The equipment is basic but not entirely minimalistic. It includes air conditioning, a 7-inch screen in front of the driver, LED headlights, 13-inch wheels, a driver airbag, ABS, traction control, and electronic brake force distribution.

Will the VF 2 really arrive in Europe? Not yet

A significant caveat is needed here. VinFast has not announced a European launch for the VF 2. The car is currently available in Vietnam, with first deliveries scheduled for September 2026.

The company has however begun speaking publicly about the potential of such vehicles outside Asia. In a release from VinFast Canada, the manufacturer highlighted the growing popularity of small urban vehicles and the success of models like the Citroën Ami and Fiat Topolino. It noted that introducing the VF 2 to Europe or North America “would not be entirely out of place.” However, there is still no official sales plan. This is more of a feasibility study than an announcement of a launch.

The European VF 2 would likely not cost 27,000 zł.

The price from Vietnam is attractive, but we must remember that the vehicle would need to obtain proper European homologation.

The VF 2 sits somewhere between the simplest micro-vehicles and traditional urban cars. It is much faster than the Citroën Ami and Fiat Topolino, which reach 45 km/h, but a top speed of 80 km/h still greatly limits its usability outside cities.

Adjusting the design, transportation costs, taxes, distribution, warranty, and service network setup would increase the European price.

Even if the VF 2 became significantly more expensive compared to Vietnam models, it could still find success in the segment between micro-vehicles and the cheapest regular electric cars.

Citroen Ami and Fiat Topolino show this concept makes sense

The closest equivalents to the VF 2 can be found today not so much among traditional cars but rather among electric micro-vehicles.

The Citroën Ami costs 8,490 euros in France, which is about 36,600 zł. It has two seats, a range of 75 km according to WMTC standards, and a top speed of 45 km/h. The Fiat Topolino follows a similar concept. Its promotional price in France starts at 7,750 euros, roughly 33,400 zł. Its range also reaches 75 km.

The VF 2 promises significantly more on paper: four seats, a top speed of 80 km/h, and a range that is more than double the claimed value. However, it’s unclear whether it could be sold in the European Union in exactly this configuration.

VinFast is only nine years old

The brand itself is exceptionally young. VinFast was established in 2017 as part of Vingroup, one of Vietnam’s largest private conglomerates. Just a year later, it showcased the Lux A2.0 sedan and the Lux SA2.0 SUV at the Paris auto show. Initially, the company also produced gasoline-powered vehicles, but it later shifted its strategy entirely to electric cars.

In 2022, VinFast began establishing European operations in Germany, France, and the Netherlands, initially planning to build its own dealership network. It later changed strategy and increasingly relies on independent dealers for sales.

Today, the VF 6 in Germany costs from 34,990 euros, which is about 151 thousand zł, while the larger VF 8 costs 48,490 euros, roughly 209 thousand zł. VinFast continues to expand its network in Europe, mainly in Germany and France.

The expansion is not progressing as quickly as initially anticipated. Reuters notes that the company has struggled to gain a significant market share in both the U.S. and Europe. In 2025, VinFast sold nearly 200,000 cars globally, but only 11% of those were sold outside Vietnam.

A cheap urban electric car might be easier to sell than another SUV

This car could make sense in the market — the VF 2 will have an advantage where VinFast’s larger and more expensive SUVs face intense competition. It is designed mainly for urban use: it isn’t suitable for highways at 80 km/h, but it may suffice for daily commutes.

For now, its European debut remains merely a possibility. VinFast has not announced a timeline, target countries, or price. However, this cannot be ruled out — and the market is waiting for it.

Piotr Sobczyk