VinFast Unveils Two New Ultra-Luxury Models Lac Hong 800S and 900S
VinFast announced the completion of its strategic structuring into three automotive brand lines and officially unveiled two new flagship ultra-luxury models: the Lac Hong 800S and the Lac Hong 900S. The two vehicles join the Lac Hong line - VinFast's ultra-luxury marque - alongside its established VF mass-market passenger vehicle range and Green commercial mobility brand. Under this clearly defined brand structure, Lac Hong represents the pinnacle of ultra-luxury, conceived to honor national pride and currently comprising the 900 LX, 900S and 800S models. The VF line encompasses a comprehensive portfolio of mass-market passenger EVs across segments, from VF 3 to VF 9, including the seven-seat VF MPV 7. Meanwhile, the Green brand is purpose-developed for commercial and service mobility solutions, featuring models such as Limo Green, Herio Green, Nerio Green and Minio Green. Alongside the structured and clearly defined development of its three strategic brand lines, VinFast has officially unveiled two new ultra-luxury models, the Lac Hong 800S and 900S. These additions expand the Lac Hong ultra-luxury collection, complementing the flagship 900 LX introduced in 2025.
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- Brand Restructuring: VinFast has announced the completion of its strategic brand restructuring into three automotive lines, with Lac Hong representing the ultra-luxury segment, featuring models like the 900 LX, 900S, and 800S, aimed at enhancing brand prestige and catering to high-end consumer demands.
- New Model Launch: The company officially unveiled the ultra-luxury Lac Hong 800S and 900S models, scheduled for commercial launch in 2027, which further enriches the Lac Hong collection and strengthens VinFast's competitive position in the luxury EV market.
- Technological Innovation: Both new models are equipped with an all-new fully active suspension system designed to deliver exceptional ride comfort and dynamic stability, while integrating advanced intelligent technologies and comprehensive safety systems to enhance user experience and meet high-end market expectations.
- Market Positioning: The VF line encompasses mass-market passenger EVs from VF 3 to VF 9, catering to diverse consumer needs, while the Green brand focuses on commercial and service mobility solutions, showcasing VinFast's diversified strategic layout in the EV market.
- Brand Structure Optimization: VinFast has completed its strategic structuring into three automotive brand lines, unveiling the ultra-luxury models Lac Hong 800S and 900S, which signifies the company's further expansion into the high-end market and is expected to enhance brand image and attract affluent consumers.
- Ultra-Luxury Models Launch: The new Lac Hong 800S and 900S models are inspired by Vietnamese culture and feature top-tier materials and advanced technologies, showcasing design and craftsmanship on par with the world's leading ultra-luxury vehicles, which is anticipated to strengthen VinFast's competitiveness in international markets.
- Technological Innovation: Both models are equipped with a new fully active suspension system and a tri-motor powertrain generating up to 460 kW, delivering exceptional ride comfort and dynamic stability, further solidifying their ultra-luxury positioning to meet the demands of high-end users.
- Market Leadership: VinFast has maintained its leadership position in Vietnam for 16 consecutive months, with a delivery volume of 175,099 vehicles in 2025, and the introduction of the new brand structure and ultra-luxury models will lay a solid foundation for the company's future growth.
- Intensifying Market Competition: Chinese automakers like BYD and Geely are competing to acquire the Nissan-Mercedes plant in Mexico, indicating a strategic intent to expand in the global automotive market, particularly as U.S. tariffs impact manufacturing dynamics in Mexico.
- Emerging Investment Potential: The market share of Chinese automakers in Mexico has surged from zero in 2020 to approximately 10% last year, highlighting the rapid rise of Chinese brands in the Latin American market, which could create significant job opportunities in Mexico.
- Policy Challenges: The Mexican government faces a dilemma in trade negotiations with the U.S.; while it cannot block the sale of the factory, it is urging delays in Chinese investments until negotiations are completed to avoid escalating tensions with Washington.
- Industry Transformation: The closures of Nissan and Mercedes factories are closely tied to U.S. tariff policies, and after three decades of growth, Mexico's auto industry is grappling with declining exports and job losses, necessitating new investments to sustain industry vitality.
- Global Delivery Target: VinFast has announced a global electric vehicle delivery target of 300,000 units for 2026, reflecting the company's expectation of continued strong momentum in Asian markets, aiming to enhance brand influence through increased market share.
- Two-Wheeler Delivery Plan: The company targets its two-wheeler deliveries in 2026 to be at least 2.5 times that of 2025, demonstrating VinFast's proactive expansion strategy in the electric two-wheeler market to meet growing consumer demand.
- International Sales Growth: VinFast anticipates a significant boost in international sales in 2026, indicating that the company is actively expanding into overseas markets to enhance its global competitiveness and improve overall performance.
- Delivery Growth Target Achieved: VinFast successfully met its delivery growth target in 2025, further solidifying its position in the electric vehicle industry and laying a solid foundation for future expansion.
- Warranty Innovation: VinFast's industry-leading 10-year or 200,000-kilometre warranty significantly reduces consumer risk perception regarding EVs, thereby attracting more potential buyers, particularly in the Canadian market.
- Price Competitiveness: The VinFast VF 8 starts at approximately CAD 47,206, offering a more appealing option compared to the average new car price of CAD 65,000 in Canada, making the economic case for EVs more persuasive.
- Service Accessibility Enhancement: VinFast's mobile app integrates with about 95% of public charging stations in North America, providing access to over 100,000 chargers, simplifying the charging and service appointment process, and boosting consumer confidence in usage.
- Market Education Strategy: VinFast addresses consumer concerns about EVs by providing clear information on total cost of ownership and warranty coverage, helping them assess the long-term value of EVs more rationally and fostering market maturity.

- 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.
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