VinFast Cars in India

VinFast was founded in 2017 by Vietnamese billionaire Pham Nhat Vuong as a subsidiary of Vingroup. The brand started with petrol cars built in a state-of-the-art plant in Hai Phong, but pivoted entirely to electric vehicles in 2022, becoming one of the few global carmakers to sell EVs exclusively. In 2023 it went public on the Nasdaq, raising its profile as an ambitious challenger to established EV makers.

The company's India journey began in 2025, when it entered the market and built a manufacturing facility at the SIPCOT industrial park in Thoothukudi, Tamil Nadu. Inaugurated in August 2025, it is VinFast's first assembly facility outside Vietnam — starting at 50,000 vehicles a year, scalable to 150,000 units, and initially assembling the VF 6 and VF 7 electric SUVs locally as CKD kits.

What makes VinFast notable for Indian buyers is its all-electric focus and the speed of its local set-up. Rather than importing finished cars, it chose to manufacture in India from the outset, positioning itself as a serious long-term EV player. Backed by Vingroup's scale and a growing global footprint, the brand aims to bring a full ladder of electric cars to India — from an affordable mini-EV right up to a flagship three-row luxury SUV.