VinFast Announces Blockchain Technology Reservations & Payments Application @CES 2022

At CES 2022, VinFast has announced it will commence a reservation program for its first two EV models beginning on January 5th. The EV manufacturer will also apply blockchain technologies in the process to certify reservations, payments, and eventually vehicle ownership. 

With VinFast’s application of blockchain technology, customers booking VinFast EV reservations will get a VinFirst NFT (non-fungible token) certifying their membership as a pioneer in VinFirst.

The Vietnamese company’s member benefits will be transferred directly to their blockchain wallet based on their VinFirst NFT, enabling customers to verify their benefits easily and transparently, and open future benefits and services as a pioneer member.

The electric SUV models VF e35 and VF e36 for reservation will be equipped with level 2+ Autonomous Driving features for Eco and Plus versions and level 3 – 4 for Premium versions.

The models will also feature Smart Services, including Smart Home, Mobile Office, In-car Shopping, In-car Entertainment, and many other advanced features.

The VF e35 and VF e36, are expected to be available for pre-orders globally in the first half of 2022.

Madam Le Thi Thu Thuy, Vingroup Vice Chair and VinFast Global CEO, says: “We hope that our exclusive program VinFirst – ‘Pioneer’s Gratitude to Pioneers’.– will be seen as a meaningful gift for our first customers at the beginning of a new, exciting year, and the beginning of a smart and sustainable future of mobility for all people. VinFast’s Customer-First Philosophy leads us towards providing high-quality products with reasonable pricing and outstanding services as well as offering solutions that inspire global customers to join hands for a more sustainable future for all.”

Established in 2017, VinFast owns an automotive manufacturing complex that boasts up to 90% automation in Hai Phong, Vietnam.

The company has announced three electric car models, battery leasing policies, and 10-year warranties.

In July 2021, VinFast started expanding to the North American and European markets.