VinFast's latest electric model marks the return of the microcar.
8 September 2026
As automakers search for cheaper, more compact, and more fuel-efficient city vehicles, the microcar is quietly making a comeback. VinFast's new VF 2 helps explain why this long-neglected segment is once again attracting attention.
Microcars have a certain allure. They're a bit like David versus today's SUVs, the veritable Goliaths now almost ubiquitous on the streets; they look almost like toys, yet they still manage to transport passengers from point A to point B with quite respectable efficiency. They're easy to maneuver in narrow city streets, slip into hard-to-find parking spaces, and consume far less energy than their larger counterparts.
At one time, particularly in post-war Europe, microcars were the preferred mode of transport: their compact size and low running costs were perfectly suited to the continent's narrow streets and the economic realities of the time. But over time, for reasons ranging from stricter safety standards and evolving consumer tastes to economic constraints related to the supply chain and shrinking profit margins, microcars, and even compact cars in general, gradually disappeared.
Today, however, with the rise of electric vehicles, which eliminate many of the space constraints associated with internal combustion engines, and the steadily increasing cost of buying a new car, the microcar could well be making a comeback. Not only in the United States, but also globally, it is re-emerging as a serious urban mobility solution for increasingly overcrowded cities. Manufacturers like Fiat, with the Topolino, and Citroën, with the Ami, have all presented their own interpretation of this concept.
More recently, a new player has joined this list: the VF 2 from VinFast, Vietnam's sole electric vehicle manufacturer. Measuring just 3,090 mm long, 1,496 mm wide, and 1,663 mm high, it's the smallest model in the brand's lineup, even smaller than the already tiny VF 3, which measures 3,190 mm long.
On paper, its technical specifications are modest. The VF 2 is a two-door, four-seater city car, powered by a rear-mounted electric motor and an 18.3 kWh battery offering a range of up to 210 km according to the NEDC standard. Its top speed is limited to 80 km/h, which clearly makes it a city car rather than a vehicle designed for long journeys.
But fortunately, VinFast adheres to this same philosophy, responding to the renewed interest in compact vehicles by packing more features into smaller packages. The VF 2 comes equipped with LED headlights, a 7-inch driver information display, air conditioning, a driver's airbag, ABS, traction control, electronic brake-force distribution, and even 13-inch alloy wheels which, according to the company, "invite owners to personalize their vehicle."
In Vietnam, the VF 2 is offered at 188 million VND, or approximately 10,200 CAD (around 7,200 USD), which is roughly the price of a high-end motorcycle. For a similar budget, buyers get a roof over their head, protection from the elements, basic safety features in case of an accident, air conditioning, and sufficient functionality for daily commuting, while running costs remain low thanks to its lightweight electric motor.
Of course, two-wheelers will continue to dominate Southeast Asian roads for the foreseeable future. But microcars fill a clear gap between scooters and traditional sedans. They also appeal to a different audience: the urban dweller who travels alone.
For many city journeys, a conventional car carries only one person in a vehicle weighing well over 1.5 tons, while occupying several square meters of valuable road space . A microcar requires far less space, both on the road and at the roadside, making parking easier and almost automatically reducing traffic congestion. Viewed from this perspective, the VF reflects a broader evolution in thinking about what a personal vehicle should truly be.
Currently, the VF 2 is only available in Vietnam, and VinFast has not announced any plans to market it in more distant markets such as Europe or North America. However, its arrival wouldn't be entirely out of place. In many developed markets, even entry-level vehicles have become increasingly expensive, with the average price of a new vehicle exceeding $50,000 at the end of last year . A truly affordable city car falls within a price range that has become surprisingly rare.
Furthermore, with a top speed of 80 km/h, the VF 2 could also appeal to a growing group of drivers who are already considering low-speed vehicles, such as golf carts, for their local commutes . Walking through many newly built residential areas around the world today, it is not uncommon to see golf carts operating well beyond the golf course. Their popularity suggests that there is a demand for small, simple vehicles designed primarily for short urban trips.
In short, the VinFast VF 2 sits at the intersection of several trends: a rising cost of living prompting consumers to seek cheaper transportation, cities looking for cleaner and more space-efficient mobility solutions, and a growing enthusiasm for products that simply perform basic functions well. These trends extend far beyond any particular model or manufacturer, prompting automakers to rethink the logic behind the microcar. As a result, a category that many had quietly abandoned is beginning to resurface.
Source: businesswire.com