You can buy VinFast's electric scooters in India next year
What's the story
Vietnamese automaker VinFast has announced its plans to enter India's electric two-wheeler market. The company will launch its first electric scooters in the country by the second quarter of FY26. The move comes as a major push for the growing EV segment in India, which is currently dominated by homegrown brands like TVS Motor, Bajaj Auto, Ather Energy, and Ola Electric.
Market potential
VinFast's CEO highlights potential of Indian market
Pham Sanh Chau, the CEO of VinFast Asia, has emphasized the huge potential of India's electric two-wheeler market. He said, "We believe that the Indian market has huge potential for electric two-wheelers. We have a plan to launch two-wheelers in India in 2026." The company currently sells more than six models of electric scooters across South Asia.
Market study
VinFast's market research and dealership interest
VinFast is conducting a feasibility study to understand the Indian market and its requirements. Chau said, "We are in the process of collecting inputs and feedback to launch our two-wheelers in India." He also revealed that many of their existing dealers here have shown interest in selling these new two-wheelers.
Expansion strategy
VinFast's expansion plans in India
Along with electric scooters, VinFast also plans to launch its electric buses in India next year. The company is already in talks with state transport undertakings of various states including Maharashtra, Tamil Nadu, Uttar Pradesh, Andhra Pradesh, and Telangana for potential orders. As part of its Indian operations, VinFast has already invested $500 million to set up a production plant in Thoothukudi district of Tamil Nadu.