VinFast Isn't Waiting for India's Electric Future
India’s electric-car market is still young, but VinFast is treating that as an opportunity to accelerate adoption, bringing an all-electric commitment that has shaped the Vietnamese automaker for more than four years. Since opening its Tamil Nadu manufacturing facility in 2025, VinFast has steadily expanded its presence across the country Electric cars accounted for 8.5% of India’s passenger vehicle retail sales in September, according to industry data, as registrations nearly doubled from a year earlier. The figures point to a market gaining momentum, although EVs have yet to become mainstream. VinFast sees an opportunity to accelerate that transition rather than wait for it to happen on its own. The company’s direction was set long before it entered India. In 2022, barely five years after its founding, VinFast decided to discontinue petrol-car production and become an all-electric…