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Vingroup Shielding Filipino Motorists from Historic Fuel Price Hikes with Campaign - CleanTechnica

Vingroup Shielding Filipino Motorists from Historic Fuel Price Hikes with Campaign - CleanTechnica
Source: cleantechnica
Author: @cleantechnica
Published: 3/14/2026

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Vingroup has launched the "Trade Gas for Electric" campaign in the Philippines in response to the country's highest-ever fuel price hike, with gasoline and diesel prices rising by up to P24 (~$0.55) per liter due to global supply disruptions. Running from March 11 to March 31, 2026, the initiative aims to help Filipino families and businesses reduce their reliance on fossil fuels by encouraging a shift to electric vehicles (EVs). The campaign offers financial incentives including a 3% discount on VinFast electric cars (models VF 3, VF 5, VF 6, and VF 7) for customers trading in internal combustion engine vehicles, and a 5% discount on electric scooters for motorcycle riders. Additionally, a 10% fare reduction is available on the all-electric Green SM taxi and ride-hailing service through the end of March, providing a more affordable alternative amid rising fuel costs. VinFast’s battery subscription program further lowers the upfront cost of EV ownership

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energyelectric-vehiclesVinFastfuel-priceelectric-mobilitybattery-subscriptiontransportation-incentives