Electric vehicles (EVs) are changing the way we think about cars. Thanks to the reinvention of how these cars are manufactured, EVs not only introduce a completely new powertrain option but also a new way of owning a vehicle. This makes the VinFast VF 5 a cost-efficient city slicker—perfect for those who seek an affordable means to go electric.
Less Financial Hurdle To Go EV
The cost-effectiveness begins with the vehicle’s purchase price. That’s because the VF 5 costs P1,050,000, which, believe it or not, is right in line with other gas-powered similarly-sized crossover SUVs. The purchase price, therefore, is no longer a major hurdle in owning a new EV.
No Battery Concerns, Either
As a testament to its battery durability, the VinFast VF 5 comes with an eight-year, unlimited mileage battery warranty coverage for standard use cases. Actually, in general, you have nothing to worry about with an EV’s battery. As more old EVs ply our roads worldwide, we are finally able to determine the true longevity of today’s EV batteries. The good news is, that EV batteries today, especially with the advent of advanced thermal management systems, will last the life of the car.
Cheaper To Charge Than Gas Up
We’ve all heard that electricity costs in the Philippines are expensive, but did you know that even with this in mind, it is still far cheaper to charge an EV than it is to fill up with gas? The VinFast VF 5 has a 37.23 kWh lithium-ion battery that’s good for an NEDC-rated range of 326 kilometers. Meralco rates as of January 2025 stand at P11.7428/kWh, which means that a full charge is just P437.18. This is even cheaper if you hook up your EV charger to a solar panel, as this practically gives you free energy.
For reference, based on our real-world testing with an equivalent ICE small hatchback whose city fuel consumption is at 10 km/l, and with today’s average gas prices of P67.26 per liter would mean that to do the same 326 kilometers that the VinFast VF 5 could do, it would cost P2,192.67. Furthermore, EVs, tend to be even more efficient in the city than ICE cars, thanks to a feature called regenerative braking.
Regenerative braking is not another component on top of the disc brakes. Instead, it’s actually the electric motor running in reverse whenever you step on the brakes. If you need more stopping power, this is blended with the actual disc brakes when you step deeper into the pedal. For the most part, however, the discs are used far less in an EV versus an ICE car, and that finally brings us to its final advantage.
Easy Maintenance
So we’ve established that the brakes are used less in an EV, but did you know that an electric motor also has far fewer moving parts than an ICE? No spark plugs to change or even camshafts to think of, or even oil changes. The only consumable parts you’ll have to worry about are its tires and the washer fluid, just to name a few.
The VinFast VF 5 Makes The Switch Affordable
And that brings us back to the VinFast VF 5. All of these ownership services–which are new ways of owning and operating a vehicle, are there to reduce the financial burden for Filipinos to make the EV switch, or to sample EVs in general as a second car. Further sealing the deal is VinFast’s unparalleled levels of customer service quality and support, is its 24/7 nationwide roadside assistance for peace of mind. Whatever your purpose for going in an EV, the VF 5 is there to make the switch cost-effective, affordable, and hassle-free, whilst wrapped in a stylish crossover package that’s spacious and also practical.
This feature article was made in partnership with VinFast Philippines
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