VinFast and BPI Bring Flexible Financing and Battery Subscription Solutions to Filipino EV Buyers

VinFast Philippines continues to strengthen its Battery Subscription Program through a new partnership with the Bank of the Philippine Islands (BPI), making electric vehicle (EV) ownership more accessible and affordable for Filipino consumers. Through BPI Auto Loan, qualified buyers can finance their VinFast vehicles while benefiting from the brand’s innovative Battery Subscription Program, which reduces upfront ownership costs by allowing customers to subscribe to the battery separately through a monthly fee. The partnership comes as interest in electric mobility continues to grow amid rising fuel costs, expanding charging infrastructure, and increasing demand for cost-efficient transportation solutions.

The Battery Subscription Program has become a key driver of VinFast’s local growth by addressing one of the biggest barriers to EV adoption: the high initial purchase cost. By separating battery ownership from the vehicle purchase, customers can enjoy lower upfront expenses while gaining greater peace of mind regarding battery performance, lifespan, and replacement. According to BPI, its total e-vehicle financing portfolio grew by 145% in 2025, while EV financing alone surged by 219%, reflecting the increasing willingness of Filipinos to shift toward electric mobility.

Antonio “Toti” Zara III, CEO of VinFast Southeast Asia, said the partnership with BPI strengthens VinFast’s commitment to making EV ownership easier, more practical, and more accessible for Filipino consumers. Dexter Cuajotor, Retail and Bancassurance Group Head of BPI, noted that financing plays a crucial role in accelerating EV adoption by providing fast, easy, and affordable solutions. Together, VinFast Philippines and BPI are helping build a comprehensive EV ecosystem that includes smart electric vehicles, financing support, flexible ownership options, charging infrastructure, aftersales services, and customer confidence programs, reinforcing their shared commitment to advancing sustainable mobility in the Philippines.

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