Vietnamese electric vehicle manufacturer VinFast is set to enter India’s electric two-wheeler market in the second half of 2026 with a range of India-specific electric scooters, while simultaneously building a dedicated two-wheeler manufacturing line with a long-term capacity target of one million units, according to Pham Sanh Chau, CEO of VinFast Asia.
The two-wheeler programme will be housed at VinFast’s Tamil Nadu manufacturing facility, where the company is expanding infrastructure to support a separate production line for electric two-wheelers, distinct from its passenger vehicle operations. “We will definitely come with two-wheelers in 2026, starting with scooters. These products are being developed specifically for the Indian market,” Chau said, adding that India-focused product development is already underway.
VinFast’s entry comes as India’s electric two-wheeler market enters a phase of consolidation. Established manufacturers such as TVS Motor, Bajaj Auto and Hero MotoCorp have strengthened their positions, capturing market share from early start-ups that initially drove EV adoption. By the end of 2025, TVS and Bajaj emerged as the top two electric two-wheeler players, followed by Ather, while Ola Electric slipped from the top three amid intensifying competition.
Chau said VinFast’s decision to lead with India-specific scooters is based on detailed market research conducted over the past year. The findings highlighted the importance of designing products around Indian riding patterns, road conditions, daily commuting needs and price sensitivity, rather than adapting global models for local use.
Two-Wheelers Key to Long-Term Growth Strategy
While VinFast’s four-wheeler plant in India is being ramped up toward an annual capacity of 150,000 units, the company is planning its two-wheeler business at a significantly larger scale over the long term. “For two-wheelers, we are aiming big. Our long-term vision is around one million units of capacity. That is not a year-one target, but it reflects how seriously we view India,” Chau said.
The company did not disclose timelines for reaching peak two-wheeler capacity or the level of investment planned for the scooter production line.
Localisation and Supplier Engagement Underway
VinFast has begun discussions with Indian suppliers to localise key components, including battery systems, to improve cost competitiveness. “Local manufacturing is essential to reduce the bill of materials. We are already engaging with Indian vendors, and some have visited our factory,” Chau noted.
The company is also evaluating eligibility for government incentive schemes such as PLI and PM E-DRIVE, depending on the scale and timing of its investments.
VinFast’s two-wheeler entry forms part of its broader green mobility ecosystem strategy for India, which includes local manufacturing, an expanding dealership and service network, charging infrastructure through V-Green, and future mobility services.
Reiterating VinFast’s long-term commitment to the market, Chau said the company plans a phased rollout approach. “India is a strategic market for us. We don’t launch everything at once. We move step by step—one product every six months,” he said.
