Receiving CARB eligibility approval of the VF 8 allows the model to qualify for inclusion in several other state incentive programs administered by the Center for Sustainable Energy including: Oregon, Vermont, Connecticut, New York, New Jersey, and Massachusetts. In addition, the VF 8 and VF 9 have also been officially added to the list of vehicles eligible for California's Clean Air Vehicle Decal Program which grants free HOV lane access for zero-emission vehicles.

Ms. Van Anh Nguyen, CEO of VinFast North America said, "State incentives like the CVRP help VinFast enhance its competitiveness in the key North American market. The incentives also help motivate customers to quickly transition to electric vehicles. I believe that, with VinFast's product quality, competitive sales policies and state incentive programs, VinFast electric vehicles will become a popular choice, further accelerating the movement to smart and green mobility."

Administered by the Center for Sustainable Energy on behalf of CARB, the CVRP promotes equitable clean vehicle adoption in California by offering eligible customers rebates from $2,000 to $7,500 toward the purchase or lease of new zero-emission vehicles, including electric, plug-in hybrid electric and fuel cell vehicles. According to CVRP data, California is currently the leading state in electric vehicle adoption nationwide with more plugin electric vehicles on its roads than any other state.

VinFast's second EV batch exported to North America, including 1,879 VF 8 standard models, left MPC Port (Hai Phong, Vietnam) on April 16. It is expected to arrive at Benicia Port, California in May. The shipment includes 1,098 VF 8s for the U.S. market that are also eligible for CVRP for California customers.

VinFast customers purchasing or leasing a new VF 8 can apply and learn about the individual eligibility requirements for the CVRP rebate at https://cleanvehiclerebate.org^[2]

For more information on VinFast, please visit https://vinfastauto.us^[3]

Hashtag: #VinFast

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

References

1. ^{^} Media OutReach (www.media-outreach.com)
2. ^{^} https://cleanvehiclerebate.org (cleanvehiclerebate.org)
3. ^{^} https://vinfastauto.us (vinfastauto.us)