VinFast Gains Early Traction in India’s EV Market with VF6 and VF7 Sales

VinFast, a Vietnamese electric vehicle manufacturer, has recorded steady sales growth in India’s emerging EV market. Since launching sales in September 2025, VinFast has averaged about 350 units per month with its VF6 and VF7 models. The company sold a total of 2,390 units in the 2026 financial year.

Key Highlights

• VinFast sold 2390 units of VF6 and VF7 in FY2026 in India
• Monthly sales averaged 350 units since September 2025 launch
• Ownership benefits include 10 year battery warranty and buyback assurance
• Service network to expand from 130 to 234 workshops in 2026
• Plans to launch VF3 micro EV VF9 and MPV7 in India soon

This performance places VinFast alongside other established EV brands in India. Hyundai averaged around 490 units per month, BYD about 446 units, and Kia roughly 311 units during the same period.

Sales Performance and Market Position

VinFast India CEO Tapan Ghosh attributes the VF6 and VF7’s traction to competitive pricing and strong value for customers. He stated that buyers appreciate the overall ownership package and product positioning. The company has introduced several schemes to lower upfront costs and enhance long-term value for customers.

One such initiative is the ‘Trade Gas for Electric’ programme. This scheme offers a 3 percent discount to buyers upgrading from an internal combustion engine (ICE) vehicle. The ‘Value Assured’ programme provides exchange benefits of up to Rs 1.30 lakh and an assured buyback value, depending on the duration of ownership.

Ownership Benefits and Service Expansion

VinFast’s strategy focuses on reducing ownership costs and addressing concerns about EV resale value. Customers receive three years of free maintenance, a 10-year warranty on the battery, a 10-year warranty on the VF7, and a seven-year warranty on the VF6. The company guarantees a residual value of 75 percent after two years and 55 percent after five years of ownership.

To support its growth, VinFast is expanding its service and charging infrastructure. The company currently operates over 130 workshops, including partnerships with third-party service networks. Plans are in place to increase this number to 234 workshops within the year. VinFast’s partner networks have already established around 300 charging stations, with further expansion planned.

Focus on Wider Market Reach

VinFast is targeting demand beyond major metropolitan areas, focusing on Tier 2 and Tier 3 cities. These regions offer easier access to home charging, which appeals to customers who often drive within city limits. Ghosh noted that many customers in these areas can charge their vehicles at home, allowing for a week’s use from a single charge.

The company also plans to expand its product portfolio in India. Upcoming models include the VF3 micro EV, the VF9, and the MPV7, which are expected to launch soon.