VinFast Cuts Electric Scooter Prices Ahead of Philippines Launch, EVO Now From PHP 62,900

Are bikes really that much of a daily necessity in the Philippines?

VinFast was a nobody just a few years ago, didn't expect them to come in with such serious pricing in Southeast Asia.

Whether electric sticks as a viable option really comes down to how this price war shakes out.

Converting PHP 62,900 to yen, that's roughly 160-170,000 yen — didn't expect a Vietnamese maker to come in this aggressively.

Cutting the price before launch even happens might be proof they got cold feet after seeing local reactions.

Low 60,000 pesos is a price bracket that goes head-to-head with local gas scooters.