Vietnamese car manufacturer VinFast confirmed its commitment to becoming an all-electric car maker by the end of the year at the VinFast Global EV Day at the Consumer Electronics Show, CES 2022, in Las Vegas.

Madam Le Thi Thu Thuy, Vingroup Vice Chair and VinFast Global CEO said VinFast would stop producing vehicles with internal combustion engines by the end of 2022 and focus research and development efforts on all-electric powertrains.

Le Thi Thu Thuy’s announcements also outlined a new development strategy and the launch of three new models to create a vehicle line up covering five segments from compact city to executive. All five models have been developed with renowned Italian design firms, Pininfarina and Torino Design.

The three new models are the VF 5 (segment A), VF 6 (segment B) and VF 7 (segment C). Existing VF e35 and VF e36 models in the D and E segments are now renamed VF 8 and VF 9. The removal of the “e” electric prefix, says the company, demonstrates its all-electric orientation.

Le Thi Thu Thuy said, “VinFast envisions a sustainable future for people and the planet through green, clean and safe mobility. This is a future built on intelligent services, outstanding customer experience, and a deep care for the planet and future generations.

“VinFast is committed to innovative vehicle design, quality, and technology, along with excellent customer service. We even aspire to to be one of the leading electric vehicle manufacturers in the world while inspiring our customers to be boundless together and join hands in the electric vehicle revolution, creating a sustainable future for all.”

The company also released its competitive retail pricing structure and details of a ten-year, 200,000km warranty programme.