VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will begin selling its VF DrgnFly electric bike in the U.S. later this month, with a listed price of $2,599, the EV maker said Friday.
Following the bike’s unveiling at the Consumer Electronics Show (CES) in January 2024, the sales launch of VF DrgnFly confirms VinFast’s strong relevance to the U.S. market and commitment to the global green transportation revolution, the firm said in a statement.
The launch also marks another step in VinFast’s expansion in the U.S., one of the world’s most vibrant electric vehicle markets.
Powered by a 750W rear hub motor, a single-speed gearbox, and a torque sensor, the VF DrgnFly offers a smooth and responsive riding experience with a top speed of up to 45 kilometers per hour. The VF DrgnFly has a range of up to 68 miles (110 km) on a single charge.
In addition to growing in key markets such as the U.S., Canada, and Europe, VinFast is actively expanding into Vietnam’s neighboring countries such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa. Outside of Vietnam, VinFast is also aiming to accelerate the construction of EV manufacturing plants in the U.S. and India, and will establish a plant in Indonesia, according to VinFast.
Currently, VinFast is selling its VF8 crossover EV in the U.S., while other models, VF6, VF7, and VF9, will reach the market soon.