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VinFast Begins India Dealer Hunt Ahead of Electric Scooter Launch

VinFast Begins India Dealer Hunt Ahead of Electric Scooter Launch
VinFast gears up for India E2W foray, begins hunt for dealers · thehindubusinessline.com

VinFast is a vehicle company from Vietnam that wants to sell electric scooters in India.

It has started looking for dealers who can sell and support its products.

The company says it will soon make a major announcement.

VinFast is expected to assemble scooters in Thoothukudi, Tamil Nadu.

Some parts may come from other VinFast factories and be put together in India.

Electric scooters are becoming more popular in India, but they are still a small part of the two-wheeler market.

VinFast says it plans to invest $500 million in new production facilities.

The company denied a report that it had stopped production plans for car models already being sold in India.

Key facts

Company
VinFast
Market entry
India’s electric two-wheeler market
Dealer applications
Applications for exclusive dealerships are being accepted until September 15
Assembly method
Completely Knocked Down assembly using components imported from overseas facilities
Assembly location
VinFast’s car manufacturing plant in Thoothukudi, Tamil Nadu
Planned investment
$500 million for electric-bus and e-scooter workshops and production lines
Tamil Nadu land allocation
Approximately 200 hectares at the SIPCOT Industrial Park in Thoothukudi

Quotes

VinFast India

VinFast’s Indian electric-motorcycle business

“For the models currently being sold in India, VinFast has not changed or suspended its production plans as suggested by Reuters’ sources. VinFast will continue CKD assembly of these models at its Thoothukudi plant to serve the Indian market.”
thehindubusinessline.com
“Something massive is building at VinFast E-Motorcycle India, and we are about to open the doors to a historic journey”
thehindubusinessline.com

Sources

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