VinFast, a rapidly growing electric vehicle (EV) manufacturer from Vietnam, is gearing up to make its mark in India. Known for innovative and eco-friendly automobiles, VinFast is set to cater to the Indian market with a blend of affordability, performance, and cutting-edge technology.
VinFast’s Entry Plan
The company is planning to establish a local manufacturing facility near Chennai, Tamil Nadu, by mid-2025. This strategic move aligns with the brand’s goal to reduce production costs and compete effectively in India’s price-sensitive market. The state-of-the-art plant, spanning over 400 acres, will have an annual production capacity of 150,000 units and employ more than 3,000 workers.
Upcoming VinFast Models in India
VinFast is expected to launch a diverse lineup of EVs, ranging from affordable compact cars to premium SUVs. Here’s a preview of the models and their estimated prices:
- VinFast VF9: ₹65 lakh – Premium SUV with advanced features.
- VinFast VF8: ₹40 lakh – Mid-range SUV ideal for families.
- VinFast VF e34: ₹17 lakh – Compact EV for city commutes.
- VinFast VF6: ₹30 lakh – Stylish urban crossover.
- VinFast VF3: ₹9 lakh – Budget-friendly EV for first-time buyers.
- VinFast VF7: ₹60 lakh – Luxury crossover with top-tier tech.
These models are designed to deliver a driving range between 300 and 500 kilometers, catering to diverse consumer needs.