The relentless downpours over several days have caused severe flooding in many provinces, resulting in significant damage for car owners.
As we know, newer cars with more advanced features are more susceptible to water damage. When a car is submerged in deep water, it can easily break down, and even if repaired, it may still suffer from hydrostatic lock. In such cases, the engine often needs to be rebuilt, with the piston rods and, in worse cases, the engine block requiring replacement. The electrical system is also particularly vulnerable to water damage, with moisture causing erratic behavior and corrosion of electrical connections.
However, the COVO car cover has emerged as a solution to this problem, quickly gaining attention and interest from consumers.
The COVO car cover product impressed the Sharks, with four out of five—Shark Lien, Shark Phu, Shark Hung, and Shark Binh—expressing interest in investing. Eventually, the COVO founder successfully negotiated a deal with Shark Hung and Shark Lien for 1 billion VND in investment in exchange for 10% equity and a royalty fee of 500,000 VND per product for the first 10,000 units sold.
COVO offers a unique car cover designed to protect vehicles from flooding. As shared on the Doanh Nghiep Tiep Thi website, founder Ha Phuoc Thanh witnessed his friends’ supercars being flooded in the US, which inspired him to create a solution to protect cars from water damage and preserve their value.
The COVO car cover has a simple, sleek, and functional design made from premium materials. The bright yellow trim on the outer edge of the cover helps drivers park their cars accurately. The double-stitched seams ensure durability and prevent tears, providing added security for your vehicle. Additionally, the cover is made from flame-retardant and UV-resistant materials and is sealed with a waterproof coating, offering peace of mind during prolonged rainy seasons and protection in all weather conditions.
The COVO car cover also features a unique safety rope system that allows you to neatly fold and secure the four corners of the cover, preventing any accidental collisions and acting as an anchor to prevent the car from floating away in flood conditions. Overall, the COVO car cover is an optimal solution for the rainy season and even extreme weather conditions, providing peace of mind for new-age car owners.
The COVO car cover comes in various sizes to fit different types of vehicles, from sedans to pickup trucks, ensuring complete coverage and absolute protection from flooding.
While the COVO car cover is currently a top-selling product in the market, it is not a new invention. Since around 2015, similar products have been used in countries like the US, the Philippines, and China to protect vehicles during heavy rains and floods.
In the Philippines, for instance, where floods are frequent due to typhoons, these covers are known as “Carbag floody” or “Flood Guard.” They are made from large sheets of nylon or tarpaulin and come in various sizes to fit different vehicle types, from sedans to SUVs and pickup trucks. Once the car is covered, the owner ties down the sheet to secure it and prevent the car from floating away. One drawback of this method is that if the cover is punctured by a sharp object, all the effort is wasted. These flood bags are also quite expensive, costing around 580 USD (over 11 million VND), which is twice the price of the COVO car cover.
The COVO car cover is currently priced at 5,300,000–5,450,000 VND. For more information, please visit the official website or check out the product on various e-commerce platforms.
