A new name in the car world is coming to India — VinFast. You may not have heard of it yet, but this brand is already making news around the world. And now, it’s ready to step into the Indian market.
From July 15, VinFast will open pre-bookings for two electric SUVs — VF 6 and VF 7. So, let’s take a closer look at who VinFast is, where it comes from, and what it has planned for India.
What is VinFast?
VinFast is a car company from Vietnam, started in 2017. It is a part of a bigger group called Vingroup, which is one of the largest private companies in Vietnam. Even though VinFast is still young, it has quickly grown and started selling cars not just in Vietnam, but in many countries around the world.
The company is mainly focused on electric vehicles (EVs). They believe that the future of cars is electric, and they are putting a lot of effort into making high-quality, smart, and eco-friendly cars.
How Does VinFast Stand in the Global Market?
VinFast has already entered North America (USA and Canada) and Europe, and is slowly building a name in the global car market. Their main focus is to provide affordable electric cars with modern features.
Here’s how the global response looks so far:
- USA & Canada: The company had a mixed start. There were some concerns about service and support, but people liked the pricing of the cars.
- Europe: VinFast is still very new in the market. Growth is slow, but there’s genuine interest because of the increasing demand for EVs.
- Vietnam: VinFast has strong support in its home country and is currently the leading EV brand in Vietnam.
VinFast is still building trust in many new countries, but buyers appreciate that the company is fast-moving, serious, and ambitious.
What Are VinFast’s Plans for India?
VinFast is entering India with electric cars first, just like it did in other countries. The company plans to build a strong EV presence here before thinking about petrol or diesel cars (ICE – Internal Combustion Engine). So, for now, it looks like VinFast will only bring EVs to India.
But they are not stopping at just selling cars.
VinFast has already started building a manufacturing plant in Tamil Nadu. This shows they are here for the long term and are not just importing cars. They want to make cars in India, for India.
How Much Has VinFast Invested in India?
VinFast has announced an initial investment of over ₹16,000 crore (about $2 billion USD) in India. This money will be used to:
- Build the manufacturing plant
- Set up charging stations
- Create a strong sales and service network
- Hire people locally and create jobs
The company has already signed agreements with the Tamil Nadu government and is expected to begin local manufacturing by 2026.
Are VinFast Cars Fully Imported or Made in India?
In the beginning, the cars may be either fully imported (CBU) or assembled from imported parts (CKD). But once their plant is ready, VinFast will start full local manufacturing. This may help bring the car prices down in the future.
Which Cars Is VinFast Launching First?
VinFast is starting with two electric SUVs in India:
- VinFast VF 6 – A compact electric SUV
- VinFast VF 7 – A slightly bigger and more premium electric SUV
Both cars are expected to have:
- Stylish design
- Good range on full charge
- Modern tech features like touchscreen displays, smart controls, and safety tech
Full specs and prices are expected to be revealed when bookings open on July 15.
What Makes VinFast Different?
While there are already many EV brands in India, VinFast is trying to offer:
- Global quality cars
- Affordable pricing
- Local manufacturing, which helps with parts and service
- Fast expansion plans with a long-term vision
The company also plans to build charging infrastructure, which is a big help for EV users.
DailyWheels View — What Should Buyers Know?
At DailyWheels, we believe every new car brand entering India brings more choices for buyers. VinFast seems serious about building a strong base in India — not just selling cars but also creating jobs, setting up factories, and making EVs more accessible.
If you are planning to buy an EV soon, it might be worth keeping an eye on VinFast’s launch on July 15. But as always, do your own research before booking any car.
Final Words
VinFast may be a new name for many in India, but it is growing fast globally and is now ready to be a part of the Indian EV story. With a focus on electric SUVs, local manufacturing, and smart technology, it will be interesting to see how this Vietnamese brand performs in one of the world’s biggest car markets.
Stay tuned with DailyWheels for updates as we cover every step of VinFast’s journey in India.
