vinfast

vinfast is restructuring its Vietnam manufacturing business in a $530 million deal, creating a new entity, VFTP, to handle production and associated liabilities. This move aims to improve capital efficiency and accelerate the EV maker's path to profitability, with VFTP potentially exploring contract manufacturing. The core vinfast business will focus on R&D, sales, and customer service, adopting an asset-light model.

BYD Atto 3 is the only model in this group not manufactured locally. It is assembled in India from completely knocked down (CKD) kits, which contributes to its higher price. It gets a 60.5 kWh battery pack paired with a front-axle-mounted electric motor which puts out 201hp of power and 310Nm of torque. It has a claimed range of 521 km.

vinfast has launched its new VF MPV 7 electric MPV in India, priced at Rs 24.49 lakh. This seven-seater EV boasts a 517 km range, 201 PS power, and impressive features like a 10.1-inch display and advanced safety tech. Bookings are open, with deliveries commencing soon, offering substantial benefits including free maintenance and charging.

The cabin layout remains unchanged, and in the features department, this electric SUV boasts a 10.25-inch digital instrument cluster, a 10.1-inch infotainment screen supported by wireless Android Auto and Apple CarPlay, cloud-based navigation, panoramic sunroof, ambient lighting with 12 colour options and ventilated front seats. Apart from that, it gets features such as wireless charging, a JBL sound system, automatic climate control, multiple USB ports, and an in-cabin air purifier.

In terms of design, the vinfast VF MPV 7 features a boxy, upright design similar to the VF6 and VF7, adapted for MPV proportions. It gets vertically stacked LED headlamps and a full-width LED light bar at the front that meets at the centre with the vinfast logo, along with a clean bumper design. The side profile is defined by a long wheelbase, extended roofline and large glass area, along with 19-inch aero-optimised alloy wheels.

The Kia Clavis EV is offered with two battery pack options - a 42 kWh unit with a claimed range of 404 km and a larger 51.4 kWh pack offering up to 490 km. The EV supports 100 kW DC fast charging and Kia also provides two AC charger options - 7.4kW and 11kW. Both battery packs come paired with a single front-axle electric motor.

Vietnamese automaker vinfast is launching its new electric MPV, the VF MPV7, in India tomorrow. Bookings are open for this family-focused EV, which boasts a seven-seat layout, a 10.1-inch touchscreen, and advanced safety features including Level 2 ADAS. Expect a 450 km range and 30-minute fast charging.

Interested customers can book the MPV online or by visiting their nearest dealership by paying a token amount of Rs 21,000. The prices will be announced on April 15, 2026 and are expected to be offered in three variants. Deliveries of the seven-seat MPV are expected to begin soon after launch. The vinfast VF MPV 7 will compete with other three-row models such as the Kia Carens Clavis EV, BYD eMax7 and Mahindra XEV 9S

Vietnamese automaker vinfast has opened bookings for its upcoming seven-seater electric MPV, the MPV 7, in India for a Rs 21,000 token. The company also plans to launch a fleet version, an electric cab service, and electric scooters later this year. The MPV 7, expected to rival the Kia Carens Clavis EV, boasts a 201 hp motor and a 60.

Vietnamese automaker vinfast has teased its upcoming electric MPV for India, widely believed to be the seven-seater MPV 7. This premium offering will rival models like the Kia Carens Clavis EV. The MPV 7 is expected to feature a modern design, a spacious three-row interior, and a 201 hp electric powertrain with a 450 km NEDC range.

Vietnamese EV maker vinfast has launched its VF6 and VF7 electric SUVs in India, emphasizing a long-term commitment with a significant manufacturing investment. Engineered for Indian conditions, these feature-rich vehicles boast global design, robust build quality, and competitive performance, aiming to capture a substantial market share.

Vietnamese EV maker vinfast has extended its free charging program in India until March 31, 2029, aiming to boost electric vehicle adoption. This significant perk, available through its V-Green network, will help buyers substantially cut running costs.

vinfast revenues jump on EV sales to Vietnam affiliate

vinfast is entering the ultra-luxury electric vehicle market. The company unveiled its new flagship models, the Lac Hong 800S and Lac Hong 900S. These vehicles are set to launch in 2027. vinfast is also expanding its operations in India with a new manufacturing facility. The company aims to compete with established luxury brands.

Notably, North Carolina hosts a substantial vinfast manufacturing plant, valued at $4 billion, slated to commence operations in 2026. In addition to facilitating sales, Leith will assume responsibility for all maintenance, repairs, and required parts for vinfast vehicles, as outlined in their joint statement.

Vietnamese electric vehicle maker vinfast has requested a temporary reduction in import duties on its cars in India for two years. The company is building a manufacturing plant in Tamil Nadu and aims to cater to the domestic market before expanding exports. vinfast has proposed a decrease in India's 100% import duty on fully-built electric vehicles.

Stalin expressed optimism about the future prospects, citing the substantial investments and job creation potential associated with this project. vinfast plans to invest Rs 4,000 crore in the initial phase, creating 3,500 jobs in the Tuticorin region over the next five years.

Vietnamese electric vehicle maker vinfast delivered its first 45 cars to customers in California on Wednesday, its first sales outside Vietnam.

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In Vietnam, V-Green will manage vinfast's existing charging network and explore opportunities to provide charging services to other EV manufacturers after a five-year period.

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vinfast's third-quarter net loss narrowed to $550 million, attributed to lower material costs and higher production. The new plant will be located near vinfast's existing battery plant and will utilize parts from the Haiphong facility.

Vietnam's first domestically owned car manufacturer aims to compete with industry leaders like Tesla as it ventures into global markets. However, vinfast's international expansion has encountered challenges, including a significant portion of its first-half sales in the previous year being bought by a company affiliated with its parent company.

vinfast recently expressed its intention to establish a manufacturing facility in India. The company is set to invest approximately $200 million. The Vietnamese electric vehicle manufacturer is widely seen as a rival to Elon Musk's Tesla.

Some businesses are already seeing a shift. A used EV dealer near London reported record sales shortly after the conflict began and is increasing inventory amid expectations of continued demand, as buyers anticipate further fuel price hikes. However, analysts say such price increases may not immediately change broader car-buying behaviour.

vinfast, Vietnam's leading electric vehicle manufacturer, is set to enter the Indian auto market. With a new manufacturing plant planned in Tamil Nadu, the company aims to replicate its domestic success where it sold over 51,000 EVs in 2024, becoming Vietnam's top-selling auto brand. vinfast's India debut is slated for early 2025 at the Bharat Mobility Show.