Archive · 8 Sep 2025

VinFast Targets India's EV Market with Aggressive Strategy

VinFast Targets India's EV Market with Aggressive Strategy

VinFast, a Vietnamese automaker, is entering India's electric vehicle market.

They launched the VF6 and VF7 SUVs, aiming to compete with Tata, Mahindra, and MG.

VinFast plans to price its cars competitively and source parts locally.

The company also plans to expand its dealerships to 27 cities and aims to introduce at least one new model every six months.

VinFast has a plant in Thoothukudi, Tamil Nadu, with a capacity of 50,000 vehicles annually and is investing ₹16,000 crore in the Indian market.

The company is also open to building a second plant.

Sources