Vietnamese electric vehicle manufacturer VinFast Auto is entering India's growing EV market with two premium SUVs, following strong third-quarter 2024 delivery growth and significant financial backing from its founder.

Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China's BYD, which already has a presence in the world's third-largest car market.

Its first offering in India, the VF7 is a large, luxurious, five-seater SUV with power rivalling that of German EVs

Vietnamese electric vehicle manufacturer Vinfast planned to capture the Indian market with two high-end electric SUVs, competing against local competitor Mahindra & Mahindra and China's BYD, which is already established in the world's third largest automotive market.

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone.

VinFast, the Vietnam-based EV brand, is showcasing nearly its entire global lineup at the ongoing Auto Expo, with the VF 6 and VF 7 SUVs set to be assembled in India. The firm plans to begin producing its first electric vehicle by the second half of this year,

VinFast unveiled its first electric vehicles for the Indian market at the Auto Expo 2025: the VF 7 and VF 6. Both electric SUVs feature advanced ADAS and varying battery capacities and performance. With India as the first right-hand drive market,