VinFast Enhances After-Sales Services in Indonesia
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
VinFast's Strategic Partnerships: VinFast Auto has signed agreements with five local companies in Indonesia, including Goodyear, Dunlop, Denso Sales, CARfix, and Scuto Paint, to enhance its aftermarket operations and establish a comprehensive after-sales service ecosystem for battery electric vehicles (BEVs).
Collaboration with Goodyear and Dunlop: Goodyear will supply tyres and implement maintenance programs for VinFast vehicles, while Dunlop will develop multi-functional service centres certified as Authorized VinFast Service Workshops, offering various EV services.
Denso and CARfix Involvement: Denso Sales Indonesia will provide repair and maintenance services through its network of workshops, ensuring quality through technician training, while CARfix will offer a range of aftersales services, including maintenance and repairs.
VinFast's Vision for Indonesia: The CEO of VinFast Indonesia emphasized that these partnerships are crucial for improving service quality and supporting the company's goal of becoming a global EV brand while contributing to Indonesia's green transition.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy VFS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on VFS
Wall Street analysts forecast VFS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VFS is 5.83 USD with a low forecast of 5.50 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 3.350
Low
5.50
Averages
5.83
High
6.00
Current: 3.350
Low
5.50
Averages
5.83
High
6.00
About VFS
VinFast Auto Ltd is a full-scale mobility platform focused on designing and manufacturing electric vehicles (EVs), e-scooters and e-buses. Its segments include Car, E-scooter and Ebus. The Car segment includes the design, development, manufacturing and sales of cars and related battery lease and battery charging services for cars. The E-scooter segment includes the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging services for e-scooters. The Ebus segment includes the design, development, manufacturing and sales of Ebus. Its EV models include the VF 3, VF e34, VF 8, VF 9, VF 5, VF 6, VF 7, the Green series, which includes Minio Green, Herio Green, Nerio Green, Limo Green, and VF Wild. It offers two trims of the VF 8 model in North America, Europe, Vietnam and the Middle East, the Eco and Plus. The Eco trim offers a longer driving range. The Plus trim offers high horsepower and luxury features, including a power-assisted tailgate.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Black Spade Acquisition III Raises $150 Million for Entertainment and Digital Assets
- Capital Raise: Black Spade Acquisition III successfully raised $150 million by offering 15 million units at $10 each, establishing a solid financial foundation for investments in the leisure, entertainment, and digital asset sectors.
- Management Team: The SPAC is led by Co-CEO and Chairman Dennis Tam, along with Co-CEOs Kester Ng and Richard Taylor, all of whom bring extensive investment management experience, enhancing investor confidence in the venture.
- Investment Focus: Black Spade Acquisition III aims to target opportunities at the intersection of entertainment and digital financial infrastructure, with potential targets including digital assets, Web3 technologies, and blockchain-driven business models, demonstrating keen insight into future market trends.
- Historical Performance: The predecessor, Black Spade Acquisition, merged with Vinfast Auto in 2023, experiencing a 66% decline from its offer price, yet the management team's experience provides a strong assurance for the new SPAC's success.
Continue Reading
VinFast VF 8 Offers Up to 412 km Range for Family EVs
- Superior Space Design: The VinFast VF 8 features a 116.1-inch wheelbase and 187-inch length, providing ample interior space that enhances family travel comfort, particularly for children and bulky child seats.
- Smart Tech Features: Equipped with a 15.6-inch central touchscreen that integrates navigation and vehicle controls, the VF 8 improves user experience, while the Plus trim's panoramic glass roof brightens the cabin, making it ideal for long trips.
- Powerful Performance: The VF 8 Eco configuration delivers 349 horsepower, while the Plus version boosts output to 402 horsepower, ensuring stability and acceleration performance even when fully loaded, which enhances family travel confidence.
- Comprehensive Safety Systems: With up to 11 airbags and various driving assistance features like adaptive cruise control and blind spot detection, the VF 8 aims to reduce mental strain during long-distance driving, thereby improving family travel safety.
Continue Reading