JAKARTA — VinFast has signed multiple Memoranda of Understanding with leading Indonesian banks and finance companies to expand access to electric vehicle ownership and accelerate the country’s transition to green mobility.

The partnerships have been agreed with Adira Finance, Bank Woori Saudara, CIMB Niaga Auto Finance, Mandiri Tunas Finance, Maybank Indonesia Finance and Sunindo Kookmin Best Finance.

Under the deals, VinFast and its partners will coordinate marketing efforts, streamline credit assessment procedures and introduce attractive loan packages with competitive interest rates, low down payments, and fast-track approval. The parties will also develop customised financing products for VinFast’s Battery-Included and Battery Subscription ownership models.

The collaboration will further explore integrated insurance, extended warranties and financial aftersales services, creating a more comprehensive customer financing ecosystem.

Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, said the partnerships reinforce the company’s customer-centric approach and commitment to driving Indonesia’s green transition.

VinFast is preparing to launch operations at its Subang assembly plant and has rolled out a diverse EV lineup including the VF 3, VF 5, VF 6, VF e34, and VF 7 while expanding its dealer and service network nationwide. — VNS