Dealers see spike in customer interest
The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India, VinFast Asia CEO Pham Sanh Chau said
Updated On : 04 Aug 2025 | 10:36 AM ISTThe EV maker's first outlet in India comes ahead of its Rs 16,600-cr Tamil Nadu factory launch and will showcase the VF 6 and VF 7 electric SUVs backed by a growing dealer network
Updated On : 27 Jul 2025 | 11:14 PM ISTThoothukudi is witnessing a major economic revival with Rs 1 trillion in investments across sectors, including EV manufacturing, green hydrogen, and space, alongside upgraded infrastructure
Updated On : 26 Jul 2025 | 12:12 AM ISTVinFast Auto India on Friday said it has joined hands with State Bank of India to facilitate loans for customers. The agreement aims to offer a seamless suite of credit solutions ahead of the electric automaker's first product rollout in the country. The collaboration allows the automaker to leverage State Bank of India's extensive pan-India network of nearly 23,000 branches to reach customers across urban and emerging markets alike, Vinfast Auto said in a statement. "This partnership will not only offer convenient and competitive financing solutions, but also extend the brand's presence to a broader audience, enabling a seamless and holistic EV ownership journey," VinFast Asia CEO Pham Sanh Chau said. VinFast, a subsidiary of Vietnam-based Vingroup JSC, is gearing up for the launch of its VF 6 and VF 7 models in India.
The plant was inaugurated by Tamil Nadu Chief Minister M K Stalin. VinFast Tamil Nadu is the company's third operational plant and the fifth project in its global manufacturing network
VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.
Thoothukudi facility likely to be inaugurated by month-end
According to the data from Federation of Automobile Dealers Association (FADA), the EV penetration in India was just 7.8 per cent in FY25, marginally up from 7.1 per cent in FY24
These models will be officially launched for public sale in August, following the inauguration of the company's plant in Thoothukudi, with deliveries to follow subsequently