Beyond Cars: VinFast's Full-spectrum EV Push in India
With $2 billion committed, VinFast is constructing an integrated play spanning cars, scooters, buses, ride-hailing and charging infrastructure.
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When VinFast rolled out its VF6 and VF7 electric SUVs in India last September, it marked more than just another global automaker testing the waters in a promising market. For the Vietnamese carmaker, India represents the cornerstone of a far more ambitious play—one that extends well beyond selling premium electric cars to a handful of early adopters.
The company is now preparing to enter ride-hailing through its sister concern GSM, launch India-specific electric scooters, supply buses to state transport undertakings, and build out a sprawling manufacturing ecosystem in Tamil Nadu. Backed by multi-billion-dollar commitments from parent Vingroup, VinFast is ...
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