Vietnamese EV Maker VinFast Bets Big on India with New Models and Charging Ecosystem

VinFast, an electric vehicle brand from Vietnam, is gearing up for an entry into India. The company is set to launch three electric models in India this year and is planning to double its number of sales and service networks there. VinFast's strategy is not restricted to launching models; rather, it is working towards enhancing the electric ecosystem, charging solutions, and all-electric ride-hailing services too. The company is of the view that consumer confidence will surge once electric vehicles are more immersed in people's lives.

According to the CEO of the company, Tapan Ghosh, the new products of VinFast are designed not only on paper parameters but also keeping in mind the usage patterns and the value for money that customers can expect. The company is targeting Indian customers who are budget-conscious yet do not want to compromise on quality.

VinFast will begin its new launches with a 7-seater electric MPV. This will be a premium yet practical EV. It's designed for both family and commercial use, while also taking into account fleet and shared mobility. According to Tapan Ghosh, this demonstrates that VinFast views EVs in India not just as personal vehicles, but as shared and fleet-based solutions. The company's focus is not on chasing trends, but on focusing on the fundamental pillars of safety, reliability, and long-term value that underpin any brand's longevity.