JAKARTA, INDONESIA - Media OutReach Newswire - 20 May 2026 - VinFast has officially launched the Early Booking Program for three battery-swapping e-motorcycle models in Indonesia, including the VinFast Evo, VinFast Feliz II, and VinFast Viper. This marks the next step in VinFast's strategy to expand its comprehensive green mobility ecosystem in Indonesia, reaffirming the Company's strong commitment to one of the region's largest two-wheeler markets.
The three new models are designed to meet the diverse mobility needs of Indonesian consumers, ranging from daily urban commuting and business purposes to modern lifestyle aspirations. Accompanying the product lineup is a flexible battery ownership model, allowing customers to choose between battery subscription, battery swapping, or purchasing vehicles with batteries included, depending on their preferences and usage needs.
The Early Booking Program will run from May 20, 2026 to June 20, 2026 via the official website: Vinfastauto.id. Customers can conveniently select their preferred e-motorcycle model and area when placing the deposit, or contact the hotline at 1500083 for assistance.
VinFast has also announced pricing for the three models under the Early Booking Program. Accordingly, the VinFast Evo is priced at 18,980,000 IDR (with battery subscription) and 26,260,000 IDR (including 2 batteries). The VinFast Feliz II is priced at 20,100,000 IDR (with battery subscription) and 27,380,000 IDR (including 2 batteries). Meanwhile, the VinFast Viper is priced at 24,410,000 IDR (with battery subscription) and 31,690,000 IDR (including 2 batteries).
Customers who complete bookings during the period from May 20, 2026 to June 20, 2026 will receive a special discount valued at IDR 1.6 million. The booking fee is IDR 1 million and is non-refundable. The first deliveries to Indonesian customers are expected to begin in June 2026.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-motorcycles Overseas Market, said: "Indonesia is one of the world's largest and most dynamic two-wheeler markets, and is also entering a period of rapid transition toward green mobility. The simultaneous launch of three battery-swapping e-motorcycle models demonstrates VinFast's serious commitment and long-term strategy in building a sustainable mobility ecosystem in Indonesia. We are not only introducing high-quality, smart, and accessible products, but are also investing comprehensively in charging and battery-swapping infrastructure to accelerate and simplify the green transition for Indonesian consumers."
Among the three new models, the VinFast Viper is designed for young customers who favor sporty styling and modern technology. The vehicle is equipped with a range of smart features, including a Smart Key system with remote vehicle tracking and locating functions, as well as remote on/off control to enhance anti-theft protection.
In addition, the VinFast Viper features a TFT display, projector headlights, and dual rear shock absorbers with external reservoirs, providing enhanced stability and riding comfort across various road conditions.
Meanwhile, the VinFast Feliz II and VinFast Evo inherit the proven strengths of previous-generation models in Vietnam, while being further optimized to better meet the practical needs of Indonesian consumers.
The VinFast Viper, VinFast Feliz II, and VinFast Evo are all equipped with a maximum 5,200W BLDC in-wheel motor, delivering strong performance for urban mobility. The Viper and Feliz II support top speeds of up to 90 km/h, while the Evo reaches up to 80 km/h.
The VinFast Evo, Feliz II, and Viper are all designed with dual battery compartments positioned beneath the seat, optimizing storage space while enabling convenient battery installation and swapping. All three models use modern 2 x 1.5 kWh LFP batteries, known for their durability and high safety standards.
With two fully charged batteries, the VinFast Evo can travel up to 150 km under standard conditions, while the VinFast Viper and VinFast Feliz II offer ranges of up to 145 km. These figures stand out within the urban e-motorcycle segment, providing users with confidence for both daily commuting and longer journeys.
Customers may choose to subscribe to two batteries at a monthly fee of 84,000 IDR/month x 2, or purchase vehicles with batteries included, depending on their needs. Battery swapping fees are set at 6,000 IDR per battery per swap.
In addition to battery swapping, users can also charge batteries directly at home or at public charging stations. Through a strategic partnership with global charging infrastructure developer V-Green, VinFast is actively deploying battery-swapping and charging stations across multiple areas in Indonesia to provide customers with a convenient, fast, and optimized ownership experience.
Notably, all VinFast e-motorcycle models will enjoy free battery swapping at V-Green Battery Swap stations (BSS) for one year (up to 20 swaps per month per vehicle), together with a vehicle warranty of up to 6 years or 72,000 km (whichever comes first), helping to significantly reduce operating costs and encourage consumers to transition to green mobility solutions.
Indonesia is currently one of the world's largest two-wheeler markets. Combined with supportive clean-energy transition policies from the Indonesian government, the electric two-wheeler market is expected to hold tremendous growth potential in the coming years. With a well-structured investment strategy, a comprehensive ecosystem, and a diverse product portfolio, VinFast aims to accompany Indonesia in building a greener, more modern, and sustainable future for all.
Earlier this year, VinFast announced plans to expand its electric two-wheeler business into international markets, with the first five key markets expected to include the Philippines, Indonesia, India, Thailand, and Malaysia. These markets all possess strong growth potential, high urban mobility demand, and increasingly clear trends toward green transportation solutions.
In recent years, VinFast has established a green mobility ecosystem in the Philippines, Indonesia, India, and other markets through partnerships with reputable local companies, alongside strategic ecosystem partners such as GSM, an all-electric taxi operator, and V-Green. In addition to e-motorcycles, VinFast has also introduced a diverse lineup of e-bikes, e-buses, and electric vehicles, further expanding consumer choices in the transition toward sustainable transportation.
Hashtag: #VinFast
https://vinfastauto.id/
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
Vinfast Officially Launches Early Booking Program for Three Battery-Swapping E-Motorcycle Models in Indonesia
Revenue Up 35.4% Year-on-Year API Token Call Volume Surges Nearly 6 Times
HONG KONG SAR - Media OutReach Newswire - 22 May 2026 - Phancy Group Co., Ltd. ("Phancy" or "The Company", stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.
During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.
2026 First Quarter Business Highlights:
Unified Enterprise AI Platform Drives Explosive Core Business Growth
Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.
In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.
AI Technology Iteration Accelerates, Commercialization Beats Expectations
Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.
As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.
In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.
Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.
Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration
Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.
In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.
In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.
Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."
Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
HONG KONG SAR - Media OutReach Newswire - 22 May 2026 - Phancy Group Co., Ltd. ("Phancy" or "The Company", stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.
During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.
2026 First Quarter Business Highlights:
Unified Enterprise AI Platform Drives Explosive Core Business Growth
Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.
In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.
AI Technology Iteration Accelerates, Commercialization Beats Expectations
Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.
As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.
In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.
Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.
Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration
Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.
In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.
In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.
Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."
Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
