Chinese cars to Vietnam are no longer cheap

(Dan Tri) – Chinese auto brands are constantly `introducing` the Vietnamese market with many new products, but not all models are cheap, some companies even don’t have any cars under 1 billion VND.

Due to bad experiences in the past, a part of Vietnamese users are still afraid of the quality of Chinese cars.

However, in recent times, many Chinese car models returning to Vietnam have set prices beyond the expectations of the majority, with no shortage of cars costing more than 1 billion VND.

H6 HEV is the pioneering product of Haval, a sub-brand of Truong Thanh Auto Group (Great Wall Motors) (Photo: Nguyen Lam).

Using a hybrid engine, Vietnamese customers still expect the Haval H6 HEV to cost around 800-900 million VND.

As a result, the Haval H6 HEV is priced at 1,096 billion VND, more expensive than the highest version of the CX-5 (999 million VND) or Hyundai Tucson (959 million VND).

Having a good sales record in the Thai market, Haval H6 has not yet found a foothold in Vietnam (Photo: Nguyen Lam).

On December 17, 2023, Haima (Hai Ma) officially returned to Vietnam after many years of `absence`, distributed through Carvivu company.

Haima 7X has the same size as mid-sized MPV models.

The car has a lot of high-end equipment, such as a business-style second row of seats, a 12.3-inch screen cluster in the interior, integrated heating and cooling seats… and an active safety technology package.

Haima 7X and 7X-E are both imported complete units from China (Photo: Thanh Hai).

Meanwhile, Haima 7X-E is a pure electric version of 7X and is also the first electric MPV model in Vietnam, traveling 501km after one charge according to the manufacturer’s announcement.

Distributor Haima cooperates with a unit providing chargers and charging stations in Vietnam (Photo: Gia An).

Another Chinese car brand that also surprised with its selling price is Lynk & Co.

In addition to 09, the company also brought three more models: 01, 05 and 03+, but the selling price will only be announced in the near future.

Lynk & Co 09 is the largest SUV model of this Chinese car company (Photo: Hoang Tho).

If the above information is correct, Lynk & Co will not have a product priced under 1 billion VND in Vietnam, because 01 is the company’s smallest model.

Specifically, Lynk & Co 01, 05 and 09 have starting prices in China of 150,800, 175,800 and 265,900 yuan, respectively, equivalent to about 517 million, 603 million and 912 million VND.

Lynk & Co wants to find high-end customers in Vietnam (Photo: Son Pham).

The above products partly show that the current picture of Chinese cars in Vietnam is different from before.

The shift to distributing more expensive products could help erase past prejudices about the quality of Chinese cars.

Although increasingly popular, cars are still a valuable asset for many people, so Vietnamese customers still tend to buy cars according to the majority’s choice.

Products from Japan, Korea, America… have been tested for quality by their predecessors, while Chinese cars still need time to confirm their value.