VinFast’s all‑electric Limo Green becomes Vietnam’s best‑selling MPV in just four months, surpassing the long‑time leader Mitsubishi Xpander. Discover the market shift.
The Vietnamese automotive landscape is undergoing a rapid electrification wave, and the latest headline belongs to VinFast. Within just four months of its launch, the all‑electric Limo Green has eclipsed the long‑standing bestseller Mitsubishi Xpander to become the country’s top‑selling MPV.
Electrifying the Vietnamese MPV Segment
2025 is shaping up to be a defining year for electric vehicles (EVs) in Vietnam. A cascade of pure‑electric models has entered the market, and consumers are responding enthusiastically across multiple vehicle classes. Among them, the Limo Green stands out as the first fully electric MPV from VinFast, hitting showrooms in September.
Sales Surge: Numbers That Speak
When the Xpander ruled the small‑MPV niche for years, it also topped the overall gasoline‑car segment in 2023‑2024, with sales consistently above 8,000 units every six‑month period. By the close of the first half of 2025, the Xpander had delivered roughly 8,190 units, maintaining its “king” status.
VinFast’s Limo Green told a different story. After moving 2,120 units in September, deliveries jumped to 4,160 in October, then to 9,642 in November, and finally 10,981 in December. By the end of the year, Limo Green had handed over nearly 11,000 vehicles—four times the monthly sales of the Xpander in December (2,575 units).
Overall, the Limo Green closed 2025 with 27,127 units sold, dwarfing the Xpander’s cumulative 19,891 units. According to data from the Vietnam Automobile Manufacturers Association (VAMA), TC Motor, and VinFast, the MPV segment saw total sales of 85,309 vehicles, with the two models accounting for more than 55% of that volume.
Why Limo Green Wins
- Competitive Pricing: The Limo Green is priced at VND 749 million, but after incentives its on‑road cost drops to around VND 700 million.
- Lower Running Costs: Free charging at VinFast’s public V‑GREEN stations reduces ownership expenses.
- Government Support: Generous tax breaks and registration fee waivers further sweeten the deal.
- Modern Appeal: As an EV, the Limo Green aligns with the growing eco‑conscious mindset of Vietnamese families.
Mitsubishi Xpander’s Response
Faced with the rapid market shift, Mitsubishi is eyeing a refresh for the Xpander. A premium AT version and the Xpander Cross have already been introduced, yet analysts doubt they will close the gap without a new powertrain.
There is also speculation that Mitsubishi will bring a hybrid variant to Vietnam, following the launch of the Xpander HEV in Thailand. A hybrid could help the brand meet stricter emissions targets while offering a familiar driving experience.
What’s Next for Vietnam’s MPV Market?
Other contenders—Toyota Veloz Cross, Toyota Innova Cross, Kia Carnival, and Honda BR‑V—are fighting for market share through deep discounts and cash‑back offers, some reaching up to VND 100 million.
Chinese players such as BYD, GAC, and MG are present but have not disclosed detailed sales figures.
With the Limo Green’s triumph, electric MPVs are set to become the new benchmark. The next few years will likely see more manufacturers pivot toward electrified powertrains to stay competitive in Vietnam’s fast‑evolving automotive arena.
Stay tuned as the battle for the MPV throne continues – the road ahead is undeniably electric.