VinFast to launch electric 2-wheeler in India in 2026

The automaker plans to launch its six flagship electric scooter models in India after officially entering the market with its four-wheeler models early in 2025.

VinFast, the Vietnamese electric vehicle giant, which made an entry into the Indian market earlier this year, is now planning to expand its operations to enter the country’s highly lucrative and dominant two-wheeler sector as well. Providing stiff competition to domestic players such as TVS Motors, Bajaj Auto, Ather Energy, and Ola Electric.

“We believe that the Indian market has huge potential for electric two-wheelers. We have a plan to launch two-wheelers in India in 2026,” VinFast Asia Chief Executive Officer Pham Sanh Chau stated.

VinFast currently sells more than six electric scooter models. These include  Evo, Flezi, Klara, and Vero. These will likely be the first set of products to be launched for sale in India.

Chau further emphasised that VinFast was indeed working with the team and channel partners in India to understand the market in greater detail. The company has started to conduct a feasibility study.

“We are in the process of collecting inputs and feedback to launch our two-wheelers in India.” He replied.

VinFast started selling electric cars in India in September with two models – the VF 6 and VF 7 – and has around 26 dealerships so far. According to Chau, most of these dealerships are supportive of the company’s expansion in India.

”Many of the current dealers have expressed their keen interest in becoming a dealer for two-wheelers,” he emphasised.

The automaker also has plans to launch its electric buses in India, likely next year. Chau noted that the company is in talks with State Transport undertakings of various states, such as Maharashtra, Tamil Nadu, Uttar Pradesh, Andhra Pradesh, Tamil Nadu and Telangana to secure orders of its buses.

Overall, VinFast has already announced plans to invest $2 billion (around Rs 16,000 crore) in India, of which $500 million has been invested to set a production plant in Thoothukudi, Tamil Nadu. The plant currently has an annual capacity of 50,000 electric cars, which is expandable to 150,000 cars. 

The management did not disclose details of the investment and manufacturing for electric two-wheelers and buses at the moment.

Source: Autocar Professional.