ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

VinFast VF 8 dominates at ASEAN NCAP Grand Prix Awards

BANGKOK, THAILAND - Media OutReach Newswire - 29 May 2024 - VinFast's D-segment SUV, the VF 8, has earned 5 out of 6 top safety awards from the New Car Assessment Program for Southeast Asia (ASEAN NCAP) in Thailand on May 28, 2024. These prestigious awards from ASEAN NCAP demonstrate VinFast's commitment to its customer-centric philosophy by delivering a safe and electrified mobility experience.

Caption

5 awards were given to VinFast VF 8 at the ASEAN NCAP Grand Prix Awards, including "Best Child Occupant Protection", "Best Safety Assist", "Best Overall", "Best Motorcyclist Safety" and "Best SUV". Facing competition from over 15 major automakers in ASEAN, VinFast secured awards in nearly all categories. This achievement demonstrates VinFast's outstanding capability and unwavering commitment to prioritizing people's safety.

ASEAN NCAP recognized the VF 8 with the "Best Child Occupant Protection" award. The VF 8 achieved maximum scores on frontal and side impacts.

Building on its success, the VF 8 also secured the top score in the "Best Safety Assist" category. VF 8 is highly appreciated for its safety features such as Forward Collision Warning (FCW), Autonomous Emergency Braking (AEB) and Lane Departure Warning (LDW).

VinFast's global debut model also secured the highest score in both the "Best Overall" and "Best Motorcyclist Safety" categories. This achievement is largely due to impressive scores in areas like AEB and Blind Spot Detection (BSD). Notably, the Advanced Safety Assist Technologies performed exceptionally well, achieving a perfect rating according to ASEAN NCAP's standards.

Furthermore, the VF 8's well-equipped design with features like Automatic High Beam (AHB) and BSD played a key role in its recognition as the "Best SUV" at the ASEAN NCAP Grand Prix Awards.

Mr. Yahaya Bin Ahmad, Technical Director of ASEAN NCAP said: "In a first for ASEAN NCAP, we are proud to present five prestigious awards to an automobile company following our stringent and transparent evaluation process. This achievement underscores VinFast's aspiration to position itself as a safety leader in the Southeast Asian auto industry. Their commitment to prioritizing safety is evident in their dedication to cutting-edge technology and significant investments. As a result, VinFast equips its car lines, particularly the VF 8, with exceptional safety features that meet rigorous international standards."

Mr. Stuart Kinkade, VinFast Deputy CEO of Vehicle Development Institute shared: "Earning recognition from ASEAN NCAP, the region's leading safety authority, is a powerful validation of the exceptional quality and safety built into VinFast electric vehicles. We remain committed to constant product improvement, ensuring our customers have the safest and most exceptional experiences on their journey towards electrified transportation."

Biennially, the ASEAN NCAP organization hosts the prestigious Grand Prix Awards to recognize automakers demonstrating exceptional safety standards. This event attracts participation from all regional car brands, solidifying ASEAN NCAP's position as the leading safety benchmark in Southeast Asia, respected worldwide. Their rigorous assessment program prioritizes two main areas: adult and child occupant protection within the vehicle.

The 5 prestigious awards add to VinFast's growing collection of accolades. These include double wins at both the Bangkok International Motor Show (BIMS) 2024 and the Indonesia International Motor Show (IIMS) 2024. Additionally, VinFast earned recognition for innovation with the "Innovation Award Honoree" at CES 2024, "The Rising Star" award at the 2022 Paris Motor Show, and the "Corporate Sustainability Champions" - ORIGIN Innovation Awards 2022.

In 2021, ASEAN NCAP recognized VinFast's commitment to safety with the "New Car Company with High Commitment to Safety" award. This year's record-breaking performance at the awards ceremony is a testament to the relentless innovation and dedication of VinFast on a mission to pioneer green transportation in the region. VinFast is committed to delivering electric vehicles to regional and global consumers that are not only modern and smart, but also prioritize the highest safety standardsHashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.