Vietnamese EV manufacturer VinFast is set to expand its footprint in India with the launch of electric two-wheelers in the second quarter of FY 2026, following its entry into the Indian passenger EV market earlier this year. The move is expected to intensify competition in India’s rapidly growing electric scooter segment, currently led by TVS Motor, Bajaj Auto, Ather Energy, and Ola Electric.
“We believe the Indian market has huge potential for electric two-wheelers. We have a plan to launch two-wheelers in India in 2026,” said Pham Sanh Chau, CEO, VinFast Asia. The company already retails over six electric scooter models globally—including Evo, Feliz, Klara, and Vero—and is likely to introduce select models as its first offerings in India.
VinFast is currently conducting a feasibility study, gathering market insights with local partners to fine-tune its product strategy. The brand began selling electric cars in India in September, offering the VF 6 and VF 7, and now operates around 26 dealerships, many of which have expressed interest in distributing its upcoming two-wheelers.
The company is also planning to launch electric buses in India next year and is in talks with several state transport undertakings including Maharashtra, Tamil Nadu, Uttar Pradesh, Andhra Pradesh, and Telangana.
VinFast has committed an investment of $2 billion (approx. ₹16,000 crore) in India, with $500 million already deployed towards establishing its production facility in Thoothukudi, Tamil Nadu, which currently supports an annual capacity of 50,000 electric cars, scalable to 150,000 units. While two-wheelers may be manufactured locally from launch, buses are expected to debut initially as CKD or CBU units.
