Mr. Tapan Ghosh (left), CEO, VinFast Asia, and Ms. Kumkum Jain, Additional SVP, Federal Bank Limited, at the signing ceremony

Under the partnership, Federal Bank will offer customized inventory financing solutions that enable VinFast dealers to optimize working capital, maintain healthy vehicle inventory, and respond efficiently to growing customer demand. The financing solutions are designed to strengthen dealers’ operational capabilities while supporting VinFast’s continued network expansion across India.

By combining Federal Bank’s financial strength and nationwide reach with VinFast’s rapidly expanding dealer network, the collaboration aims to build a stronger, more resilient retail foundation to support the Company’s long-term growth in one of the world’s fastest-growing electric vehicle markets.

The MOU was signed by Mr. Tapan Ghosh, CEO of VinFast Asia, and Ms. Kumkum Jain, Additional SVP, Federal Bank Limited.

Mr. Tapan Ghosh, CEO of VinFast Asia, said, “A strong dealer network is fundamental to delivering consistent and seamless customer experience. Our partnership with Federal Bank is an important step towards equipping our dealer partners with the financial flexibility needed to support business growth and operational efficiency. As we continue to expand our footprint across India, we remain focused on building a robust retail ecosystem that enables our partners to grow alongside us while delivering the highest standards of service to customers.”

Ms. Kumkum Jain, Additional SVP, The Federal Bank Limited, said, “Federal Bank is pleased to partner with VinFast to provide tailored inventory financing solutions for its dealer network. This collaboration combines VinFast’s commitment to sustainable mobility with Federal Bank’s expertise in dealer financing, supporting the growth of India’s EV ecosystem.”

The partnership reinforces VinFast's broader strategy of building a comprehensive electric mobility ecosystem in India through strategic collaborations spanning financing, charging infrastructure, after-sales service, and retail. Having recently opened its 60th 3S dealership in the country, the Company remains on track to establish 75 dealerships nationwide by the end of the year, with streamlined inventory financing further strengthening dealer readiness, optimizing inventory management, and enabling partners to better serve growing customer demand for electric vehicles.

VinFast continues to expand its presence across India through investments spanning manufacturing, retail, and customer support infrastructure. Alongside its plant in Tamil Nadu, the Company is building a nationwide dealership and after-sales network while collaborating with strategic partners to make electric mobility more accessible and convenient for Indian consumers.

About VinFast
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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: www.vinfastauto.in. 

About Federal Bank
Federal Bank (NSE: FEDERALBNK) is one of India’s leading private sector banks, with a legacy spanning nine decades and a clear focus on long-term value creation. As of 30th June 2026, the Bank’s total business stood at ₹5.97 lakh crore. 

With a strong nationwide presence of over 1,600 banking outlets complemented by robust digital capabilities, Federal Bank serves millions of customers through an integrated physical and digital network. The Bank maintains an international presence through its Representative Offices in Dubai and Abu Dhabi, which serve as key touchpoints for Non-Resident Indian customers in the UAE. It also operates an IFSC Banking Unit (IBU) at GIFT City, becoming part of India’s evolving global financial ecosystem.

Anchored in its core values of trust, prudence, and customer-centricity, Federal Bank continues to evolve through disciplined execution and a clear, contemporary approach to banking.

Learn more at: www.federal.bank.in.

More than 100 Porsche cars came together in Mumbai for a special Friendship Day drive, celebrating community and the passion for driving
 

The convoy made its way through some of Mumbai’s most iconic roads, including the Coastal Road and Marine Drive, creating a striking sight across the city. With more than 100 Porsche cars travelling together, the drive offered owners an opportunity to experience the city from behind the wheel while connecting with fellow members of the Porsche community.
 

Speaking about the initiative Pooja Choudary, Director Porsche Centre Mumbai – Infinity Cars, said, “Friendship Day provided us with a wonderful opportunity to bring our Porsche community together and celebrate the shared passion that connects our customers. Seeing more than 100 Porsche cars come together across Mumbai was a testament to the strong sense of camaraderie within our community. At Porsche Centre Mumbai – Infinity Cars, we remain committed to creating memorable experiences that extend beyond the automobile and foster meaningful connections among our customers and their families.”
 

The drive concluded with an exclusive breakfast for Porsche owners and their families, providing an opportunity for members of the community to interact, exchange experiences and celebrate their shared connection with the marque in a relaxed setting.
 

The strong participation reflected the enthusiasm and sense of community among Porsche owners in Mumbai, while highlighting Porsche Centre Mumbai - Infinity Cars’ continued focus on creating meaningful customer experiences that extend beyond the automobile. Through curated drives and community-led initiatives, the centre continues to foster stronger connections among customers who share an appreciation for the Porsche brand and the experience of driving.
 

The Friendship Day drive served as a celebration not only of the cars, but also of the people and relationships that make the Porsche ownership community distinctive.
 

About Porsche Centre Mumbai - Infinity Cars

Porsche Centre Mumbai – Infinity Cars is committed to delivering an exceptional Porsche experience to customers across Mumbai, extending beyond the purchase and ownership of a vehicle. Through curated customer experiences, drives and community-led initiatives, the centre creates opportunities for Porsche owners to connect, engage and celebrate their shared passion for the marque.

VF 6 Earth delivers significant potential savings in total ownership costs compared with a comparable gasoline vehicle in India

In this day and age, a car buyer comparing models can find horsepower, cargo space, and safety ratings in minutes. What is much harder to see is which vehicle will actually cost less to own after years of loan payments, fuel bills, and maintenance. Those factors make up a vehicle’s total cost of ownership (TCO), a metric that encompasses all expenses incurred throughout the ownership period.

That information gap has become increasingly important as electric vehicles move into the mainstream. While EVs are widely promoted for their lower operating costs, consumers can still struggle to translate those promises into their own finances. For example, how much can an EV really save after five years? The answer depends on how far people drive, how long they keep the vehicle, and even how they choose to finance it.

VinFast is betting that making those calculations easier and more transparent could help more buyers make the switch.

The Vietnamese EV maker has introduced a Total Cost of Ownership (TCO) Calculator, initially across its Asian markets, giving consumers a way to compare the long-term economics of electric vehicles with gasoline cars and even rival EVs based on their own driving habits. Rather than comparing sticker prices alone, consumers can see the cumulative financial impact of ownership, including financing and running costs, over several years.

On the web-based tool, users simply enter basic information such as the vehicle model, monthly mileage, battery ownership option, and expected ownership period to receive a personalized cost projection. Within seconds, the calculator estimates monthly payments, monthly energy costs, and total ownership costs before showing how much an owner could save over the chosen period compared with comparable internal combustion vehicles and even other EVs.

For example, a buyer in the India selecting a VF 6 Earth, driving 2,000 km per month over five years, would see an estimated total ownership cost of INR 1,782,655. Under the same assumptions, the calculator estimates a comparable gasoline vehicle would cost INR 2,464,371 over the same period, representing potential savings of INR 681,716, or about 28%.

Beyond product marketing, the TCO tool also functions as a financial planning tool, helping households, commuters, and commercial users forecast transportation expenses before making a purchase. That approach is particularly relevant in emerging EV markets, where energy-saving technologies often face adoption challenges because of higher upfront purchase prices despite offering long-term financial benefits. Consumers may not always realize that, over time, reduced energy consumption can offset much or even all of that initial price premium.

Research suggests that making those savings more transparent can influence purchasing decisions. One survey found that simply showing consumers five-year fuel savings had little effect on vehicle preferences, whereas providing total cost of ownership information increased the likelihood that buyers of small and mid-sized cars would choose hybrid and battery electric vehicles over gasoline models.

More recently, Deloitte's 2026 Global Automotive Consumer Study found that 52% of U.S. consumers considering an EV cited lower fuel costs as their primary motivation, while 40% said overall vehicle cost remains one of their biggest concerns. The findings suggest buyers are increasingly evaluating vehicles based on lifetime ownership economics rather than purchase price alone.

For automakers, that means helping consumers understand lifetime ownership economics may become as important as communicating battery range or performance.

For VinFast, the calculator reflects that evolution. Instead of asking consumers to take its claims of lower ownership costs at face value, the company is giving them a tool to test different scenarios themselves, turning one of the industry's most common selling points into something measurable, personalized, and easier to act on.

Tapan Ghosh (right), CEO, VinFast India, and Harsh Raj, Dealer Principal, inaugurated VinFast Patliputra, the company's first 3S dealership in Bihar and 60th in India

The new dealership, established by Patliputra Motors Private Limited under the leadership of Mr. Harsh Raj, is located on NH-30, Bypass Road, Paijawa, a major arterial corridor in Patna city, offering convenient access and strong visibility for customers across the region.

Developed in line with VinFast’s global retail standards, the 11,500 sq. ft. facility brings together vehicle sales, after-sales services, and customer support under one roof. At the heart of the dealership is a modern 3,000 sq. ft. showroom where customers can experience VinFast’s electric vehicle lineup firsthand, supported by dedicated sales and service teams. Designed as a one-stop destination, the facility caters to every stage of the ownership experience, from vehicle discovery and purchase to maintenance and after-sales care.

The inauguration of VinFast’s 60th dealership marks a major milestone in the company’s India journey, coming just one year after the opening of its first showroom in the country and underscoring both the pace of its growth and its long-term commitment to the market. The opening in Patna also brings VinFast to Bihar for the first time, extending its retail presence further into eastern India.

The newest showroom reflects VinFast’s strategy to expand beyond major metropolitan areas and tier 1 cities into tier 2 and tier 3 markets. Patna, a key gateway to Bihar and eastern India, represents this broader push to make VinFast vehicles and services accessible to customers in emerging markets across the country. The company remains on track to establish 75 dealerships across more than 60 cities by the end of 2026.

At the inauguration, Mr. Tapan Ghosh, CEO of VinFast India, said, “We are delighted to mark the milestone of 60 dealerships in India while establishing VinFast’s presence in Bihar for the first time. This marks an important step in our growth journey and opens up new opportunities in a promising market in eastern India. VinFast remains committed to building a strong retail and after-sales network and accelerating the adoption of green mobility across the country.”

Alongside the rapid expansion of its retail and after-sales network, VinFast continues to strengthen its comprehensive EV ecosystem through local manufacturing, charging infrastructure, strategic partnerships, and a circular battery value chain to support India’s transition to sustainable mobility. VinFast’s premium electric SUVs, the VF 6 and VF 7, have earned 5-star Bharat NCAP safety ratings and are backed by comprehensive ownership benefits, including roadside assistance, three years of complimentary maintenance, and warranty coverage of up to 10 years or 200,000 km, depending on the model.

Complementing the lineup is the VF MPV 7, a premium all-electric seven-seater offering an ARAI-certified driving range of 517 km and fast charging from 10% to 70% in approximately 30 minutes. Customers also benefit from the Value Assured Programme, which offers predefined buyback values after a specified ownership period, and complimentary charging across the V-Green network until March 31, 2029. VinFast also supports customers switching from internal combustion engine vehicles through its “Trade Gas for Electric” programme, further lowering the barriers to electric mobility in India./.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in

But the single number hides the more interesting story. The report breaks transmission preference down by age, gender and region, and every one of those cuts shows the same thing: the manual majority is real, and it is also starting to erode from the edges.

Manual or automatic: what do used car buyers in India actually choose?

Buyers under 35 show a higher preference for automatics than the market average. Buyers over 45 stay strongly with manuals. The 35 to 45 group sits in between, with no firm tilt either way. In other words, the younger the buyer, the likelier the automatic, which tells you where the market is heading as this cohort ages into its peak earning years.

Gender pulls in the same direction. Women buyers show a higher-than-average preference for automatics. Men skew manual, though the report notes automatic adoption among male buyers is rising too. Geography completes the picture. Metro markets have a significantly higher automatic share, while non-metro India stays firmly manual.

Source: Cars24 x Team BHP Gears of Growth 2025 Report

Why do most used car buyers in India still choose manual?

Three things keep the manual in front.

• Cost is the first. A used manual car is usually cheaper to buy and cheaper to keep running, and it matches the value-first mindset of the non-metro markets that make up the bulk of demand.

• Familiarity is the second. Most Indians learned to drive on a manual, and a first-time used car buyer tends to stick with what they can already handle.

• The third is resale. A manual sells to a wider pool of buyers across more of the country, so it moves faster when the owner decides to let it go.

The report links the metro automatic tilt to the same models that lead metro demand. Models like the Maruti Baleno and the Honda City sell strongly in cities partly because buyers there accept newer model years and convenience features, automatic gearboxes among them. Outside the metros, demand concentrates on cars built to be cheap and simple, the used Swift Dzire, Wagon R, i10, Grand i10 and Alto, most of which move as manuals.

Why are used car buyers switching to automatics?

The change is being driven by how and where India drives today. The report points to traffic conditions, driving convenience and changing lifestyles as the forces pushing buyers toward automatics. Anyone who commutes daily in Bengaluru or Mumbai traffic knows the appeal of a car that does not need a clutch worked a thousand times a trip.

Younger buyers feel this most, and they are the ones entering the market in growing numbers. As the cars they bought new in the last few years cycle into the used market, automatic supply in the resale channel grows too. The 28 percent share looks more like a starting point than a settled ceiling.

Are used automatics riskier to buy than manuals?

A manual gearbox and clutch are mechanically simple and cheap to inspect and repair. An automatic, whether a torque converter, an AMT, a CVT or a dual-clutch unit, is harder to assess and costs far more to rebuild if it fails. The fear is real and specific: you buy an automatic, it drives beautifully on the test drive, and weeks later you are handed a repair bill several times what the same fault would cost on a manual. A short drive will not reveal a unit that is a few thousand kilometres from trouble.

This is exactly the fear a proper inspection and warranty are built to remove, which is why they matter more on an automatic than on a manual. Cars24's 300-point inspection tests full transmission operation inside a process that runs over 10 hours per car, refined across more than 1 crore inspections since 2015. Every car bought comes with a 30-day repair assurance that covers the transmission with no deductible, and the transmission also sits inside the lifetime warranty cover. Bought this way, a used automatic stops being a gamble on the gearbox and becomes a car whose costliest part has been checked and is covered.

Manual or automatic: which should you actually buy?

There is no single right answer, only the right answer for how you drive. If most of your driving is stop-start city traffic, an automatic earns its slightly higher price through the daily comfort alone. If you cover long highway distances, drive mostly outside the big cities, or want the lowest running cost and the easiest resale, a manual still makes plain sense and comes with the widest choice of cars on the market.

One extra point for automatics: because the gearbox is the costly part to repair, weigh the inspection report and the warranty terms more heavily than you would on a manual. On a manual, a worn clutch is a routine, affordable fix; on an automatic, the equivalent failure is the expensive one, so 'checked and covered' is worth paying attention to.

Note: All figures in this article are drawn from Cars24's own Gears of Growth 2025 report, original research based entirely on Cars24 first-party transaction data as of December 2025. Transmission preference refers to the manual or automatic split of used car transactions on the platform. No external data sources are used; the figures are proprietary to Cars24.

The report puts it inside a larger change it describes plainly: search behaviour has moved beyond features and price, toward inspections and trust signals. Buyers are no longer only asking what a car costs or what features it has. They want to know how they get the quality checked professionally.
 

What is a pre-delivery inspection (PDI) for a used car?

For a used-car buyer, a pre-delivery inspection (PDI) is a structured assessment of the vehicle before completing the purchase or taking delivery. A trained evaluator goes over the car against a fixed checklist, covering the body, engine, transmission, electricals, tyres, brakes and paperwork, and produces a documented assessment of the car’s condition at the time of inspection. . On a platform like Cars24, the inspection is done before the car is even listed. Separately, if you are buying from a dealer or a private seller, you can book a PDI on that specific car and have an expert inspect it for you. The point is simple - a PDI replaces a stranger's word with a documented assessment.
 

This is why the search interest is telling. A used car buyer looking up PDI is a buyer who has decided that personal assurance is not enough on a purchase of this size. That is a real change in behaviour, and the report ties it to the same forces reshaping the rest of the market: certified inspections, transparent pricing and digital discovery giving people confidence they did not have a few years ago.
 

Why did buyers stop trusting the parking-lot check?

Two things pushed inspection into the mainstream. The first is money. As new car prices climb, more first-time buyers are spending a serious share of their savings on a used car, and a bigger cheque makes people careful. The second is that the internet gave them somewhere to take that caution. The report finds that family and peer recommendations still matter, but buyers now verify them through reviews, videos and experts rather than taking them at face value.
 

Video does much of that verification. The report singles out YouTube as the platform playing the credibility role, shaping decisions through detailed reviews and ownership content. Someone can now watch an expert tear down the exact model they are considering, learn what tends to go wrong with it, and then go looking for an inspection that checks those specific things. Research and inspection have become one continuous habit.
 

What can a PDI catch, and what can it not?

This is where honesty matters, because an inspection is a powerful tool but not a magic one. A thorough PDI can identify many of the common mechanical, cosmetic and documentation issues that buyers may otherwise miss. It will not promise you a car that never breaks down.
 

Pre-delivery inspection (PDI)

The 1.7 lakh research figure is from the Cars24 x Team BHP Gears of Growth 2025 Report. The inspection scope above is general guidance for buyers.
 

A PDI sharply lowers the odds of an unpleasant surprise, and it gives you a documented condition report you can hold the seller to. It does not remove risk entirely, which is why a written warranty or return window still matters alongside it. A buyer who understands both halves of that is far harder to mislead than one who treats the inspection stamp as the end of the conversation.
 

How much does a PDI cost, and can you book one on any car?

If you are one of those 1.7 lakh buyers, the practical question is where to get a PDI done. Cars24 runs a pre-delivery inspection service for exactly this: an expert comes to the car you are considering, whether it is with a dealer or a private seller, runs a 300 point mechanical, electrical and legal check, and gives you a digital condition report before you pay.
 

Because no inspection can promise a car will never fail, CarTruth backs its report with a Rs. 50,000 Moneyback Promise, so the risk of a missed fault does not sit entirely on the buyer. That is the difference between an inspection you read as advice and one you can actually rely on: the report, plus something standing behind it.
 

What this means for how India buys used cars

The 1.7 lakh figure is small next to the size of the market, and that is the point. It is early. Inspection research is where colour preference or fuel choice was a few years ago, a habit forming in the more informed corner of the market and spreading outward. The direction is not in doubt. Every year more buyers arrive expecting to verify a car before they trust it, and the sellers and platforms that make verification easy are the ones those buyers will choose.
 

The parking-lot uncle is not out of a job. He has just been joined by a checklist, a condition report and a YouTube playlist, and between them they have made the Indian used car buyer a good deal harder to fool.

The VinFast VF 6 shows why Total Cost of Ownership matters more than ever for Indian buyers

As if that wasn't enough, there's now another number being discussed: Total Cost of Ownership, or TCO. But for good reason. After all, the biggest expenses don't always arrive on delivery day. It's what your car asks of you over the next five or seven years that often makes the biggest difference.

For India's growing community of EV buyers, that conversation is becoming even more important. Lower running costs may be what gets people interested in electric vehicles, but what keeps them happy is everything that comes after. And that's where the VinFast VF 6 makes its strongest case: over five years, buyers could save nearly 87% on their energy costs alone. Here's how the numbers add up.

The Cost Saving You See 
Using a VinFast standard EMI calculator model with 80% to 85% loan funding at an average interest rate of 8.5% to 9.5% over five years, buyers can expect monthly EMIs of approximately INR 29,500 to INR 31,000 for the base VF 6 Earth variant. The estimated upfront down payment ranges between INR 250,000 and INR 300,000, while VinFast dealerships also offer flexible financing solutions, including longer loan tenures and zero down payment schemes for eligible customers.

But monthly ownership costs don't stop with the EMI.

For most Indian families, fuel remains one of the biggest recurring expenses of owning a car. Assuming a monthly driving distance of 1,500 km, a midsize petrol SUV delivering 12 km per litre at a fuel price of INR 102 per litre would cost approximately INR 12,750 every month in fuel expenses. Over five years and 90,000 km of driving, that adds up to nearly INR 765,000.

Now let’s look at the VinFast VF 6. With an efficiency of approximately 16 kWh per 100 km, covering the same 1,500 km requires around 242 kWh of electricity. At typical home charging rates, that translates to an estimated monthly charging cost of just INR 1,694 and approximately INR 101,640 over five years.

The difference? More than INR 660,000 in energy cost savings over five years. It’s enough to pay for a lot of family road trips, or if we're being honest, quite a few weekend biryanis too. 

And that's before considering VinFast's complimentary charging programme at V Green charging stations until 31 March 2029 and EV transition support of up to INR 154,000 for eligible customers switching from an ICE vehicle.

The Costs You Stop Thinking About
There are some ownership costs that never appear on your monthly bank statement, but you'll certainly notice them when they're gone. Case in point—maintenance. Conventional petrol vehicles require routine engine oil changes, spark plug replacements, fuel filter swaps and more complex powertrain servicing over time. Electric vehicles do away with much of that.

Routine annual service costs for the VF 6 are estimated at approximately INR 3,500 to INR 5,000, covering items such as cabin air filter replacements, brake fluid top ups, wheel alignment and software diagnostics. Regenerative braking also reduces wear on mechanical brakes, helping extend brake pad life to more than 80,000 km.

VinFast further strengthens the ownership proposition with complimentary maintenance for three years or 36,000 km, whichever comes first, alongside a seven year or 160,000 km vehicle warranty and a ten year or 200,000 km battery warranty.

After all of that, there's something buyers rarely put a price on before purchasing an EV: peace of mind.

One Indian VF 6 owner recently reflected on his ownership experience after driving more than 8,000 km. Interestingly, he admitted that he was more anxious about range and public charging before buying the car than after.

Home charging proved sufficient for most of his needs, while the vehicle returned an overall efficiency of 14.8 kWh per 100 km over more than 4,000 km of driving. And what stood out most was how quickly charging became part of his routine and how little he found himself thinking about it.

His verdict? The VF 6 was "light on the pocket to run"¹.

Vibe Drive - One of Chennai's First Fully Integrated Automotive Destination

The facility was inaugurated yesterday by J. C. D. Prabhakar, Speaker of the Tamil Nadu Legislative Assembly, marking the launch of a new integrated automotive destination for customers in Chennai.

Spread across 13,000 sq. ft., the facility combines four specialist brands: Vibe Drive, HB Multibrand, Slick Lab by Vibe Drive, and Snack & Rack, creating a seamless experience for vehicle owners from purchase to long-term care.

The venture is founded by automobile entrepreneurs Ashvath Jacinth and Naveen Antony, whose complementary journeys shaped the vision behind the project.

Ashvath Jacinth brings experience across automotive manufacturing, vehicle sales and entrepreneurship. Through Vibe Drive, he has built a business focused on transparent buying, selling, sourcing and evaluation of pre-owned vehicles across every segment.

Naveen Antony, an electronics engineer by training, entered the automotive industry after successfully restoring his own flood-damaged car when others declared it beyond repair. He went on to establish HB Multibrand, earning a reputation for advanced diagnostics, ECU programming, electrical troubleshooting and restoration of complex vehicles. Despite setbacks during the COVID-19 pandemic, he rebuilt the business with renewed determination.

Together, the founders have created an automotive destination that caters to everything from routine maintenance and major mechanical repairs to premium detailing, ceramic coatings, paint protection films, performance upgrades and body repairs. Customers can also relax at Snack & Rack, an in-house lounge featuring refreshments, high-speed Wi-Fi and English pool tables while their vehicles are serviced.

The facility caters to all categories of vehicles, from everyday hatchbacks and family SUVs to commercial vehicles, luxury marques and high-performance automobiles.

"Our vision was to build more than a workshop. We wanted to create a destination built on trust, technical expertise and a genuine passion for automobiles, where every customer receives the same level of care regardless of the vehicle they own," said Ashvath Jacinth, Founder and Partner, Vibe Drive.

Vibe Drive
200 Feet Radial Road, Kovilambakkam, Chennai

Contact: Ashvath Jacinth - Founder and Partner - +91 96772 77775

Stretching across a generous 2,840 mm wheelbase, the VF MPV 7 offers the kind of cabin room families tend to appreciate most on longer journeys

Seven seats sound great on paper, but they often come with trade-offs. The bigger the vehicle, the bigger the bills tend to become, with long-distance family trips demanding more from the household budget than they should. That's simply been part of owning a large family vehicle for years.

Positioned as a premium electric MPV that's still practical for everyday ownership, the all-electric VinFast VF MPV 7 is trying to change that. Instead of asking buyers to choose between practicality and ownership costs, it focuses on something much simpler: getting the basics right. Plenty of space. Everyday comfort. And lower running costs that continue to make a difference long after the day of purchase.

Lower Running Costs That Add Up Over Time

Assuming monthly driving of around 1,500 km, running a typical diesel-powered MPV in India today could easily cost owners anywhere from tens of thousands to over INR 100,000 annually in fuel expenses alone, contributing to a considerable sum for households that spend weekends on the highway or frequently travel between cities.

But since the VF MPV 7 is electric, even with regular home charging, electricity expenses remain only a fraction of what most diesel MPV owners typically spend on fuel. Combined with VinFast's free charging support at V-Green charging stations until March 2029, many owners could spend next to nothing on day-to-day energy costs for years to come.

Nor do the savings stop there. VinFast’s complimentary maintenance for three years or 36,000 km helps reduce servicing expenses during the initial years of ownership, while a 7 year/160,000 km vehicle warranty and a 10 year/200,000 km battery warranty provide additional peace of mind over the longer term. Owners also benefit from complimentary roadside assistance during the standard vehicle warranty period.

Making the proposition even more attractive, customers switching from ICE vehicles can currently receive support worth INR 196,000 under VinFast's EV transition program. Together, these ownership benefits help make the transition to electric mobility easier from day one.

Designed Around Everyday Journeys

Of course, nobody buys a seven-seater just to save money. It's there for school drop-offs on weekdays, family holidays during the summer and the occasional airport run when everyone's luggage suddenly becomes your problem.

Fortunately, practicality is one of the VF MPV 7’s biggest strengths.

Stretching across a generous 2,840 mm wheelbase, it offers the kind of cabin room families tend to appreciate most on longer journeys. First-drive impressions from Indian reviewers have highlighted not just the generous second row, but also a genuinely usable third row that remains comfortable even for adults.

Need more room for passengers? Done. Carrying luggage for a weekend getaway instead? That's easy too.

The second-row seats slide, recline and tumble forward for easier ingress and egress, while the third row folds in a 50:50 configuration when cargo inevitably starts competing for space. Fold the rear seats down completely and luggage capacity expands to 1,240 liters, enough to comfortably accommodate multiple suitcases for a family getaway or all the bulky extras that inevitably come with family life. Children's strollers, anyone?

Then there are the little things: dedicated third-row air conditioning controls, PM 2.5 air filtration, multiple charging ports and connected features such as remote AC control through a smartphone app. Combined with the inherently quiet nature of an electric powertrain, they also contribute to a more relaxing experience for both drivers and passengers.

Premium Value Beyond the Purchase Price

There's enough performance here to back up the practicality too.

The VF MPV 7 isn't trying to be the sportiest MPV in the segment, nor does it need to be. Producing 204 PS and 280 Nm of torque, it delivers effortless acceleration that's well-suited to both city traffic and highway cruising.

A MIDC-certified driving range of 517 km means fewer charging stops on longer drives, while DC fast charging capability allows the battery to charge from 10% to 70% in just 30 minutes when needed. Home charging convenience and a portable charger included as standard further add flexibility for owners travelling away from home.

Indian automotive reviewers have also described the vehicle as easy and confidence-inspiring to drive despite its size. Power delivery is smooth and predictable, while multiple drive modes and regenerative braking settings allow drivers to tailor the experience to suit both city commutes and highway journeys.

There's certainly no shortage of seven-seat vehicles in India today. Finding one that combines generous space, lower running costs and long-term ownership benefits, however, is a much shorter list. And the VF MPV 7 simply happens to tick all three boxes.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at: vinfastauto.in.

Innovation on four wheels. Chitkara University's Team Ashwamedha's aBAJA reflects the passion, perseverance and engineering excellence

The event brought together distinguished leaders from the automotive sector, including Mr. Balraj Subramaniam, Chairman, Organizing Committee, BAJA SAEINDIA; Mr. Jatin Garg, Honorary Secretary, Organizing Committee, BAJA SAEINDIA; Dr. K. C. Vora, Senior Advisor, BAJA SAEINDIA Organizing Committee; and Mr. Balraj Bhanot, Automotive Homologation Expert and Former Director, ARAI. Representing academia were Dr. Madhu Chitkara, President and Co-founder, Chitkara University; Dr. Sandhir Sharma, Vice Chancellor, Chitkara University; and Dr. Rakesh Sharma, Registrar, Chitkara University.

Welcoming the gathering, Balraj Subramaniam, Chairman, Organizing Committee, BAJA SAEINDIA, highlighted BAJA SAEINDIA's enduring legacy in nurturing engineering talent through hands-on learning and innovation. Dr. Sandhir Sharma, Vice Chancellor, Chitkara University, underscored the importance of strong partnerships between academia and industry in preparing students for emerging technological challenges.

A presentation on the journey and legacy of BAJA SAEINDIA showcased how the competition has evolved into one of India's most respected experiential learning platforms. Today, BAJA SAEINDIA serves as an umbrella platform encompassing Electric Vehicle(eBAJA), Mechanical BAJA (mBAJA), Autonomous BAJA, and Hydrogen BAJA (hBAJA), enabling students to explore diverse future mobility technologies through competitive engineering challenges.

Students participating in BAJA SAEINDIA 2027 will conceptualise, design, analyse, fabricate, and validate single-seater all-terrain vehicles in accordance with the BAJA SAEINDIA Rulebook before competing in rigorous static and dynamic evaluations that assess engineering excellence, innovation, safety, and endurance. A total of 186 teams have registered for the 2027 season. 102 eBAJA teams, 26 hBAJA teams and 58 mBAJA teams from across the country will participate in the Virtual Round where industry experts will be assessing and providing guidance to the Preliminary design of the buggies. Also, a technical quiz will be conducted based on automotive Engineering. Virtual Round of eBAJA, MBAJA & BAJA SAEINDIA 2027’ are scheduled from 17th July to 19th July 2026, at Chitkara University, Punjab Campus. Digital engineering tools and simulation-based assessments will evaluate vehicle design, engineering analysis, and innovation before teams advance to the subsequent stages of the competition.

Addressing the gathering, Dr. Madhu Chitkara, President and Co-founder, Chitkara University, spoke about the University's continued association with BAJA SAEINDIA and emphasised the transformative role of experiential learning in engineering education. She noted that such initiatives inspire students to translate classroom learning into practical innovation while strengthening their technical expertise, teamwork, leadership, and problem-solving abilities.

The interaction also explored opportunities to strengthen collaboration between academia and industry, ensuring engineering education remains aligned with the evolving needs of the automotive and mobility sectors.

About Chitkara University
Chitkara University is a UGC-recognised and NAAC-accredited private university in North India, with campuses in Punjab and Himachal Pradesh, offering career-oriented undergraduate and postgraduate programs in Engineering, Business, Healthcare, Pharmacy, Design, Architecture, Hospitality and emerging technology fields. For Class 11 and 12 students planning higher education, the University provides industry-aligned programs designed to combine academic excellence with practical exposure.

The curriculum emphasises experiential learning through internships, industry projects, research opportunities and global collaborations, supported by modern infrastructure, advanced laboratories, industry mentorship and skill-based training that strengthens student employability. Backed by 2,000+ campus recruiters and 300+ international academic and industry collaborations, students gain strong placement support, international exposure, academic exchange and collaborative research opportunities.

Consistently ranked among leading institutions by national and global frameworks such as NIRF, QS World University Rankings and Times Higher Education, the University maintains high academic rigour and industry relevance. With strong corporate partnerships and a focus on innovation, entrepreneurship and interdisciplinary learning, it prepares students for emerging career opportunities in India and abroad.

For more information, please visit: www.chitkara.edu.in

At a VinFast-hosted forum in Vietnam, journalists, industry experts and automakers agreed that winning mainstream buyers will require more than cheaper electric cars

Before the Iran conflict sent fuel prices soaring, India's electric passenger vehicle market was already building momentum, driven in part by growing consumer awareness and a shift in how families make car-buying decisions.

Experts broadly agree that growing concerns over air pollution in cities such as Delhi, combined with increasing awareness of climate change, are shaping consumer attitudes toward electric vehicles. They also note that car purchases in India are typically family decisions, with children playing an increasingly influential role. Younger family members are often drawn to the modern, stylish designs of EVs, which can further encourage households to choose electric models.

The conflict simply reinforced a trend that had been gathering pace, as more consumers began weighing not just what a car costs to buy, but what it costs to own.

According to the Federation of Automobile Dealers Associations (FADA), India retailed a record 31,823 electric passenger vehicles in June, more than double the volume a year earlier and enough to lift EV penetration to 7.7% of passenger vehicle sales, up from 4.8% a year ago . Alternative-fuel vehicles, including EVs, hybrids and CNG models, accounted for more than 40% of passenger vehicle sales for the first time.

Yet despite the rapid growth, electric cars remain a minority choice in a country where more than four million passenger vehicles are sold annually. The opportunity is enormous, but so is the gap between consumer interest and actual purchases. The question now is what will persuade millions more mainstream buyers to make the switch.

That question was the focus of a recent discussion organized by VinFast in Vietnam, where journalists, industry experts and automakers debated what it will take to move EVs into India's mainstream. While participants approached the issue from different perspectives, they reached a similar conclusion: accelerating four-wheeler EV adoption will require more than cheaper batteries or additional charging stations. It will require giving consumers confidence that an electric car fits seamlessly into everyday life.

Confidence Is the New Currency

That starts with changing how consumers evaluate an EV. And the debate around EV adoption is gradually shifting away from sticker prices toward a longer-term measure: total cost of ownership.

According to Shams Raza Naqvi, senior editor at car&bike, the buying decision has evolved as the price gap between EVs and conventional vehicles continues to narrow.

"Upfront expenditure is not as much of a concern now because the gap between the cost of EVs and ICE cars is reducing," he said. "What they worry about more is spending 5,000 to 6,000 rupees every time they go to a fuel pump versus the much cheaper cost of charging at home."

That assessment was echoed by Dr. Javeid Khan, an automotive reviewer at CarAdvice, who said rising fuel prices are prompting consumers to look beyond the showroom price.

"Fuel prices have increased significantly, sometimes three or four times in a week. An EV has a very low cost of running compared to an ICE car, and that is a very big factor for Indian consumers."

Technology is also helping strengthen the value proposition. For example, Khan pointed out that EVs, once seen primarily as second or third cars for daily commuting, are becoming increasingly practical for longer journeys as driving ranges stretch to 450 to 500 kilometers.

But if economics are becoming easier to justify, ownership still needs to feel less uncertain. While driving range has improved significantly, range anxiety persists. Panelists pointed to inconsistent charger uptime, fragmented payment systems and uneven highway coverage as continuing pain points. Apartment residents often struggle to install home chargers, while concerns over battery life, resale value and fire safety continue to shape perceptions among first-time buyers.

In other words, India's EV challenge is less about making electric cars cheaper and more about making ownership feel predictable.

Winning the Ownership Experience

That is where automakers believe they can make the biggest difference.

If affordability gets consumers through the showroom door, the ownership experience is increasingly what determines whether they sign the purchase agreement. As a result, manufacturers are competing less on specifications alone and more on the ecosystem that surrounds the vehicle.

"To nudge customers, we need three stakeholders: customers, government and OEMs," said Tapan Ghosh, CEO of VinFast India. While calling for governments to maintain supportive tax policies until the market reaches an inflection point, he argued that manufacturers also have to make EV ownership less intimidating.

At VinFast, that has translated into a strategy of building a comprehensive ownership ecosystem alongside its vehicles. Beyond expanding its charging and service network, the company is partnering with third-party providers to strengthen aftersales support while offering free charging, free maintenance, a residual value guarantee and warranties of up to 10 years, depending on the vehicle, to reduce ownership concerns.

That emphasis on the broader ownership ecosystem resonated with other participants, who pointed out that confidence is shaped as much by the surrounding infrastructure and support network as by the vehicle itself. Participants who recently visited Vietnam said the country's mature charging network, built by VinFast's sister company V-Green, offered a glimpse of what widespread adoption could look like.

"When you land in Vietnam, you notice the number of electric cars on the roads," said Ranojoy Mukerji, assistant editor at The New Indian Express' Indulge. "Seeing hundreds of cars charging simultaneously removes the mental block people have."

Policy support, however, remains indispensable. Panelists called for greater policy clarity, continued investment in charging infrastructure, innovative financing from banks and non-banking financial companies, and consistent long-term policies that give both consumers and manufacturers the confidence to invest.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. 

Learn more at: www.vinfastauto.in

National statistics flatten India's used car market into one number. The Cars24 and Team BHP Gears of Growth 2025 report, drawn from over 33 million users, pulls it apart and finds three distinct markets running on three different clocks. The variable that separates them is not the models people buy, but how old the car is when it changes hands.

Southern markets show a higher concentration of vehicles from 2019 and later. Western India trades across a balanced spread of 2017 to 2021 model years. North and Central India carry a greater share of 2017 to 2019 and pre-2017 vehicles. The report's conclusion is direct: regional economics and buyer preferences shape inventory age profiles more than most buyers realise.

Three regions, three ownership clocks

The regional split in the Gears of Growth 2025 report:

Source: Cars24 x Team BHP Gears of Growth 2025 Report

In the South, the report points to faster upgrade cycles and higher car adoption, which keeps inventory young. For a buyer in Bengaluru, Chennai or Hyderabad, the practical effect is a shelf weighted toward 2019 and newer cars. A three to four year old vehicle is mainstream stock here, not a premium find. The same report finds Tamil Nadu's share of national demand rising from 6.1 percent to 6.5 percent and Karnataka's from 10 percent to 10.4 percent in 2025, a steady climb consistent with markets where cars circulate quickly.

Western India behaves like the market's metronome. Maharashtra, the country's single largest used car market at 15.1 percent of national demand, and Gujarat, which posted the largest state-level gain of 2025 at 8.7 to 10.2 percent, both trade across an even spread of 2017 to 2021 model years. In Mumbai, Pune or Ahmedabad a buyer finds roughly equal odds of a five-year-old or a two-year-old car. The report calls this stable ownership churn: cars enter and exit ownership at a consistent rhythm rather than in waves.

North and Central India run the longest clock. The region's higher share of 2017 to 2019 and pre-2017 vehicles points to owners who keep cars well past the national norm, and to what the report describes as value-driven resale behaviour. A buyer in Delhi NCR or across Uttar Pradesh, which alone holds 11.7 percent of national demand, will see more six to eight year old cars on the shelf than a southern buyer does. A car in this market is held, maintained, and sold late in its life, often to a buyer who intends to do exactly the same.

Why the clocks run at different speeds

The report attributes the divergence to regional economics and buyer preferences rather than any single cause. Southern states lead the country in adopting newer automotive technology: Karnataka and Maharashtra together account for 68 percent of all used EV purchases nationally. Markets comfortable buying the newest category of vehicle are, predictably, also the markets where recent model years dominate.

Longer holding in the North reads as strategy, not lag. An owner who runs a car for eight or nine years extracts the maximum use from a depreciating asset before selling it into a deep pool of value-focused buyers. The report's non-metro data reinforces this: demand there concentrates in low-maintenance, affordable models such as the Swift Dzire, Wagon R and Alto, exactly the cars built to be owned long and sold late.

What this means for used car buyers and sellers

For buyers, geography now shapes the shelf. Someone buying a second-hand car in Chennai will encounter a younger inventory mix, weighted to 2019 and newer, than someone shopping in Lucknow, where six to eight-year-old cars are common, even on the same platform on the same day.

For sellers, the same car meets different demands depending on where it is sold. A 2020 vehicle is mid-life stock in a southern market that skews to 2019 and newer, and comparatively fresh inventory in a northern market dominated by older cars. Timing a sale against the regional clock, not the national average, is the more informed move.

All figures in this article are sourced from the Cars24 Team BHP Gears of Growth 2025 report, based on Cars24 internal transaction data comprising over 33 million users as of December 2025. 

For most of these buyers, the Swift is their first car. People reach for it when they have decided to stop depending on cabs, or when an older family car has started costing more at the workshop than it is worth. At that point a buyer wants the safe choice. Across 33 million users, the country keeps landing on the same one.

The Cars24 Team-BHP Gears of Growth report shows that the Swift holds a 4.93 percent share of all used car transactions nationally in 2025. In metro markets it leads at 5 percent. In non-metro markets it leads again at 4.80 percent. No other model in the report's rankings appears at the top of more than one list. The Swift tops all three.

A lead that holds in every geography

Nationally, the second-placed Wagon R sits at 3.47 percent, nearly a percentage and a half behind the Swift. In non-metro markets the distance is wider still: the Swift's 4.80 percent share leads the second-placed Swift Dzire at 3.08 percent. In a market where the entire top 10 is separated by about three percentage points, that is a commanding margin.

Source: Cars24 Team-BHP Gears of Growth 2025 Report

Below the top spot the two lists pull apart fast. Metro buyers put the Honda City fourth and the Baleno fifth, both cars the report links to upgrade demand, newer model years and automatic gearboxes. Non-metro buyers rank the Swift Dzire second and push the Alto into their top 10, cars the report calls value-led and cheap to keep running. Two very different markets, one shared first choice.

Why the used Swift travels where other models cannot

The report records that the second-hand Swift leads across all three markets. The reasons behind it sit in plain sight across the rest of the data.

First, the Swift is a hatchback, and hatchbacks still own this market. They make up 52 percent of all used car transactions in 2025, against 32 percent for SUVs and 16 percent for sedans. The report calls hatchbacks the backbone of the used market, cheap to run and easy to thread through city traffic. The Swift sits dead centre of that demand.

Second, the Swift fits how India actually drives. Manual gearboxes account for 72 percent of used car sales, and that share runs highest outside the metros. Most used Swifts are manual, frugal on fuel and cheap to fix, which lines them up with the largest pool of used car buyers.

Third, supply and resale, which buyers feel directly. Maruti has sold Swifts in volume since the mid-2000s, and its service network reaches towns most brands never bother with. For a first-time used car buyer, that cuts two ways. Any local mechanic can fix it, and when the time comes to sell, a Swift moves fast because the next buyer trusts it for the same reasons. The report puts the Swift's lead down to this appeal across price points and age groups. People buy what they know they can repair anywhere and sell without a fight.

What the Swift's lead does not mean

The data deserves an honest reading. These are transactions on Cars24, drawn from more than 33 million users as of December 2025, not national registrations. Part of the Swift's lead is simply supply: it tops the used charts partly because so many were sold new. And topping the charts is not the same as being the right car for everyone. The same report shows the Creta as the only SUV in the national top 10, proof that a growing group of buyers wants something the Swift is not.

The lead will may not hold forever either. SUV share of the used market has more than doubled since 2023, from 15 percent to 32 percent. Today's new SUVs are the used stock of 2027 and 2028, and as that supply matures the hatchback's grip on the top of the charts can loosen.

For now, the finding holds. In a used car market splitting into two Indias, one upgrading and one just arriving, the Swift is the answer both keep giving.

About the data

All figures in this article are sourced from the Cars24 x Team BHP Gears of Growth 2025 report, based on Cars24's internal transaction data comprising over 33 million users as of December 2025. Model shares refer to the share out of total used car transactions. 

10 Mahindra Electric Origin SUVs travelled from New Delhi to Thimphu

The expedition saw a convoy of 10 Mahindra Electric Origin SUVs undertake the 1,850-kilometre journey to Bhutan’s capital, demonstrating the growing capability of electric mobility for long-distance and international travel. The achievement has been recognised by the India Book of Records as the "Largest EV Convoy on a Cross-Border International Road Trip."

Adding to the significance of the expedition was the participation of real-world customers. Families, friends, siblings, and solo drivers joined the journey in a fleet comprising Mahindra XEV 9e, XEV 9S, and BE 6 electric SUVs, bringing together authentic ownership experiences across borders.

The drive showcased the long-distance touring capabilities of Mahindra’s INGLO EV platform, with participants covering diverse terrain and weather conditions while relying entirely on public and planned charging infrastructure. By successfully completing this demanding journey, the drive also helped build greater confidence for EV adoption in India, demonstrating that electric SUVs can support long-distance, intercity and cross-border travel with the right planning and charging access.

The convoy also visited Bhutan’s first Mahindra Electric Automobile showroom in Thimphu, marking a symbolic milestone for the brand’s international EV footprint.

Commenting on the achievement, Bunny Punia, Group Editor, 91Wheels.com, said, "At 91Wheels, we constantly push vehicles beyond conventional test conditions to understand their true capabilities. This New Delhi-to-Thimphu expedition showcased that modern electric vehicles are no longer limited by the myths that surround them. Crossing international borders, mountains and long highway stretches, the Mahindra Origin Electric SUVs and its customers proved that sustainable mobility is ready for real-world adventures."

Reeti Nageshri, Head of Business Operations – Mahindra Electric Automobile Limited, said, “People still ask if an EV can handle a real road trip. Our customers just answered that question by driving nearly 4,000 kilometres each across two countries, through extreme heat, mountain roads and changing terrain. The story here isn't just the vehicles. It's the confidence customers now have to go further than they ever thought possible.”

“At 91Wheels, our goal has always been to simplify personal mobility by helping consumers make informed decisions with confidence. In a category where trust plays a critical role, we continue to invest in expert-led content, technology-driven experiences, and unbiased guidance that empower millions of vehicle buyers across India. As mobility evolves, our focus remains on building a trusted ecosystem that puts the consumer first,” said Sunish Kumar, Founder, 91Wheels.

Route Overview

• Day 1: New Delhi – Agra – Lucknow – Gorakhpur (882 km)

• Day 2: Gorakhpur – Muzaffarpur – Siliguri (647 km)

• Day 3: Siliguri – Jaigaon – Phuentsholing (151 km)

• Day 4: Phuentsholing – Thimphu (170 km)

• Day 5: Thimphu – Paro – Thimphu (additional)

Collectively, the convoy covered nearly 40,000 kilometres by the time all participating customers returned to New Delhi, creating one of the most demanding real-world endurance demonstrations undertaken by customer-owned EVs in the region. Throughout the expedition, the electric SUVs were subjected to consecutive DC fast-charging sessions, temperatures reaching 47°C across the northern plains, and elevations approaching 9,000 feet, further highlighting their ability to handle demanding real-world conditions. The most meaningful border crossed on this journey, however, wasn't India to Bhutan, but the one between belief and confidence.

What Indian partners saw in Vietnam was not simply factory scale, but a full EV ecosystem designed to make long-term ownership feel viable

Before coming to Vietnam, Rishav Kumar Choudhary, Managing Director of JP Emobility, had already seen presentations about Vingroup, Vietnam’s largest private conglomerate. But visiting VinFast’s factories and experiencing the broader ecosystem firsthand revealed a scale far beyond what he had expected.

“The presentations and slides do not fully capture the actual scale of the Vingroup ecosystem,” Rishav said during the trip in May. “In reality, it is much larger and more impressive than what we had imagined.”

That impression was shaped over seven days in Vietnam, where nearly 200 VinFast partners, dealers, and investors gathered for the company’s Global Business Conference. What they saw was not just an automaker, but an ecosystem deeply embedded in daily life.

VinFast vehicles moved constantly through the streets of Hanoi and Hai Phong, not only as private cars but also as commercial fleets and taxis. Across the cities, the partners encountered Vingroup businesses in nearly every direction. There was Vinhomes in real estate. Vinmec in healthcare. VinUni and Vinschool in education. Vinpearl in hospitality. Technology companies like VinRobotics and VinDynamics.

Different industries. Different business models. Yet somehow, each had become one of the leading names in its field.

Building confidence through ecosystem scale

Success in one sector can happen through timing or luck. Repeating it across industries suggests something else entirely.

That “something else”, many partners concluded during the trip, was the customer-first philosophy of Pham Nhat Vuong, the billionaire founder of Vingroup.

More than 30 years ago, his business journey began in Ukraine selling instant noodles to local consumers unfamiliar with the idea of preparing a meal simply by pouring boiling water. To help customers trust the product, his staff reportedly demonstrated the preparation process directly to them.

That instinct to reduce uncertainty still runs through Vingroup’s businesses today, especially at VinFast. The company did not simply build electric vehicles in Vietnam. It built the surrounding infrastructure designed to make EV ownership feel dependable.

Consumers can experience VinFast long before buying one through Green SM, Vietnam’s all-electric ride-hailing platform operating entirely with VinFast vehicles. Owners can charge through V-Green, which plans a nationwide charging network averaging roughly 10 kilometers between charging stations in urban areas and around 70 kilometers along highways. If repairs are needed, customers can access nearly 400 service workshops nationwide by the end of 2025.

The ownership commitments themselves are equally aggressive. VinFast has extended free charging at V-Green stations until March 31, 2029, along with warranties extending up to 10 years for both vehicles and batteries, helping ensure potential owners of its commitment.

That ecosystem approach has helped VinFast move from a newcomer to Vietnam’s best-selling car brand in less than a decade. In April 2026 alone, the company delivered 24,774 electric vehicles, bringing cumulative deliveries for the first four months of the year to 78,458 vehicles.

For aftersales partners, however, confidence was not built only through policies or sales numbers. It was built through manufacturing scale.

At the Hải Phòng factory, partners saw one of the largest EV production hubs in the region operating at full capacity. By the end of 2025, the facility had produced 200,000 electric vehicles in a single year, supported by more than a thousand ABB robots and tens of thousands of workers across three shifts.

“Seeing the factory was amazing,” said Shailesh Borse from MyTVS, one of VinFast’s aftersales partners in India who participated in the trip. “With more than 90% automation and the latest technology, it reflects a very modern infrastructure. We feel very confident in our association with the brand.”

Exporting the confidence model globally

That long-term confidence is now becoming part of VinFast’s global expansion strategy.

What partners saw in Vietnam was not a market-specific experiment, but a repeatable playbook the company is beginning to apply internationally. The idea is consistent across markets: do not just sell EVs. Build the surrounding ecosystem that makes customers feel supported after the purchase.

India has become one of the clearest examples of that approach.

Before building its manufacturing facility in Tamil Nadu, VinFast evaluated 15 locations across six Indian states. According to company executives, the site in Thoothukudi was transformed from undeveloped land into a highly automated EV factory within just 15 months.

The factory currently assembles the VF 6, VF 7, and the MPV 7 for the Indian market, but VinFast is already planning further expansion. In late 2025, the company signed an agreement to add roughly 200 hectares to the existing facility, supporting future production of electric buses and electric motorcycles.

At the same time, the company has been building the aftersales and charging ecosystem around those vehicles.

VinFast has rapidly expanded its retail and aftersales footprint in India, reaching a new milestone in March by inaugurating its 50th showroom nationwide. The company now aims to establish 75 dealerships across more than 60 cities in India by the end of the year, extending beyond major metro areas into emerging markets. At the same time, VinFast has partnered with MyTVS, RoadGrid, and Global Assure to establish 120 service workshops designed to support customers nationwide, while building a broader EV ecosystem spanning manufacturing, retail, charging infrastructure, aftersales services, and battery value chain partnerships.

Charging infrastructure is expanding in parallel. Through V-Green and local partners, VinFast is building a broader charging network while reducing ownership barriers through aggressive customer incentives. In late 2025, V-Green partnered with Hindustan Petroleum Corporation Limited (HPCL) to deploy EV charging stations across HPCL’s nationwide network, while also signing with multiple vendors PAN India to accelerate fast charger rollout across highways, urban centers, and Smart Cities zones.

The infrastructure push is being reinforced by a wider ownership support strategy designed to make EV adoption feel more practical and lower-risk for Indian consumers. Those initiatives include free charging until 2029, free maintenance for three years or 36,000 kilometers, and cash support for customers switching from gasoline vehicles to VinFast EVs. The company also offers seven-year vehicle warranties and 10-year battery warranties across several models in India.

“The free charging, battery warranty, and vehicle warranty programs are extremely attractive offers that very few international brands provide,” said Sweta Choudhary, Director of JP Emobility and also a participant in the VinFast Global Business Conference.

Alongside factory tours and ecosystem visits, the conference concluded with the signing of Memoranda of Understanding between VinFast and 29 international aftersales partners across not only India, but also Indonesia, the Philippines, and Kazakhstan, as part of the company’s plan to accelerate its global EV service network. The agreements are expected to support the opening of 68 new service workshops globally, including new workshops across India.

“Our goal is not simply to expand the network, but to build a customer-centric aftersales ecosystem that delivers an outstanding experience on a global scale,” said Mr. Bui Viet Hung, Deputy CEO of Global Aftersales at VinFast, in a statement. “Through partnerships with experienced local operators and the application of VinFast’s global standards, we aim to provide aftersales services that are exceptional, responsive, and reliable.”

Cars24 x Team BHP Gears of Growth 2025 Report

Year-round demand is the clearest signal of a mature market

The single most telling number in the report is that every month of 2025 contributed between 6 percent and 10 percent of annual used car volumes. There were no festive surges. There were no off-season slumps. The Indian used car market simply hummed along at a steady pace through the calendar. As the report puts it, when a market stops depending on festivals, discounts, or external triggers, it signals maturity.

This is a meaningful shift. The traditional Indian auto market has long been defined by sharp peaks around Diwali, Onam, Navratri, and year-end discount cycles. New car sales still ride this rhythm. The used car market, the Gears of Growth 2025 report suggests, has moved past it. Demand has decoupled from the calendar, and buying decisions are being made when they are needed, not when they are subsidised.

Intentional buying, not opportunistic buying

The report describes 2025 buyers as intentional and need-driven. They are not waiting for discount windows. They are buying when their life situation calls for it, when financing comes together, when the right model becomes available. This is the behaviour of a primary-market consumer, not a fallback one.

Two factors are anchoring this shift. The first is affordability. The report observes that affordability continues to guide pre-owned car buying decisions, with consumers prioritising value retention and lower ownership costs as rising new car prices reshape the market. As new car prices climb, used cars are not just attractive, they are increasingly the more rational option for a value-conscious household.

The second is trust. The report notes that consistent monthly engagement reflects growing trust in the used car ecosystem, as buyers gain confidence in certified inspections, transparent pricing, and seamless digital discovery. In other words, the same buyer who would have hesitated over a used car a few years ago now has the verification, pricing transparency and digital tools to feel confident in the decision.

Premiumisation reinforces the first-choice story

Used cars being the first choice does not mean buyers are choosing less. The Gears of Growth 2025 report finds that premium used car demand is led by models such as Creta, City, Nexon and Elite i20, indicating a strong appetite for feature-rich vehicles. Buyers are increasingly upgrading within a controlled budget, preferring newer-age vehicles with higher trims and better safety features.

Premiumisation in the used car market, the report says, mirrors new car trends but remains firmly value-oriented. Feature depth, safety credentials and brand trust are emerging as key decision drivers in premium used car purchases. This is the language of a buyer who is choosing, not settling.

The five-year price arc that backs this up

The average selling price of a used car in India has moved from ₹4.49 lakh in 2021 to ₹5.66 lakh in 2024, before settling at ₹5.47 lakh in 2025. A modest GST-driven correction aside, the longer arc is one of steady upgrading. The Gears of Growth 2025 report attributes the ASP rise to four factors: a shift toward newer model years, rising demand for premium body types like SUVs and premium hatchbacks, feature and variant premiumisation, and supply constraints in newer vehicles.

All four are first-choice buyer behaviours. None of them reflect a market of last resort. They reflect a market where buyers know exactly what they want and are paying for it.

What this means for India's automotive industry

The structural shift the Gears of Growth 2025 report describes has direct implications for how the Indian auto industry should think about its consumer. The used car buyer of 2025 is not a downgraded new car buyer. They are a different consumer making a different kind of decision. They are buying year-round, researching digitally, validating their choices through reviews and inspections, and increasingly paying for feature-rich, premium models.

For carmakers, dealers, financiers and digital platforms, this means the used car market is no longer a derivative segment. It is a primary one, with its own demand patterns, its own decision drivers and its own consumer logic. The framing of pre-owned as backup, as compromise, as substitute, no longer matches the data.

As the Gears of Growth 2025 report concludes, pre-loved cars are no longer a second choice made on compromise. They are the smarter first move, balancing aspiration, value and reliability. In a market this large, that is a structural moment worth noticing.

VinFast will officially begin accepting pre-orders in Vietnam for the new-generation VF 8 through its official website and authorized dealer network nationwide starting May 27, 2026

As one of the models that helped mark VinFast’s transition toward becoming a global all-electric vehicle manufacturer, the VF 8 is the first model in the lineup to receive comprehensive upgrades in design, technology, and features, bringing notable improvements to both driving performance and overall user experience.

In terms of design and comfort, the new-generation VF 8 was developed based on the “Tech Fluid” philosophy, with the idea of integrating technology into the vehicle’s design language and everyday usability. The design emphasizes seamlessness, refinement, and a sense of motion, creating the appearance of a modern and dynamic SUV that reflects a contemporary lifestyle.

The vehicle measures 4,701 x 1,872 x 1,670 mm (length x width x height), with a wheelbase of 2,840 mm and a five-seat configuration, helping optimize cabin space and passenger comfort. A ground clearance of 170 mm, combined with 19-inch wheels, allows the new-generation VF 8 to handle a variety of driving conditions with flexibility.

At the front, the vehicle reflects a distinctly modern design language, featuring a wide gloss-black grille paired with VinFast’s signature wing-shaped daytime running lights. Large air intakes integrated into both sides of the front bumper contribute to aerodynamic efficiency while adding visual depth to the overall design.

Along the sides, the window line gradually rises toward the rear, creating a sense of movement even when the vehicle is stationary. The door panels feature smooth transitions between light and surfaces, combined with defined character lines that create changing reflections as the vehicle moves.

At the rear, the design adopts a refined minimalist approach, highlighted by large taillights integrated with VinFast’s signature V-shaped LED strip. The updated rear design contributes to aerodynamic performance while giving the vehicle a younger and more dynamic appearance.

Inside the cabin, the new-generation VF 8 features an intuitive and ergonomic layout. At the center of the dashboard is a 12.9-inch infotainment display with a clear interface integrating most vehicle controls in a user-friendly format. A secondary display behind the steering wheel provides key driving information, while the steering-column-mounted gear selector is designed to improve ease of operation.

The vehicle is equipped with dual-zone automatic climate control, integrated air ionization, and a Combi 1.0 air filter to support passenger comfort. The sport-inspired ergonomic seats include a six-way power-adjustable driver’s seat with memory function, while the second-row seats can recline and fold flat in a 60:40 split to increase cargo capacity when needed. The vehicle also integrates a virtual assistant supporting multiple Vietnamese dialects, along with an eight-speaker audio system for in-car entertainment.

In terms of technology and driving dynamics, the new-generation VF 8 is built on a new chassis platform featuring a suspension system equipped with Frequency Selective Dampers (FSD) on both the front and rear axles. The system can adjust damping characteristics according to road conditions to reduce vibrations on rough surfaces while maintaining vehicle stability.

The new-generation VF 8 also features a newly developed electrical and electronic architecture based on the Software Defined Vehicle (SDV) approach. The system architecture and control software were designed by VinFast engineers, reflecting the company’s capability to develop core vehicle technologies in-house. At the center of the system is the Central Vehicle Computer (CVC), which manages data processing and vehicle control functions to support quicker and smoother responses to driver inputs.

The vehicle is powered by an electric motor producing a maximum output of 170 kW (228 horsepower) and peak torque of 330 Nm, paired with front-wheel drive and three driving modes: Eco, Normal, and Sport. The new-generation VF 8 uses a 60.13 kWh battery pack, providing a driving range of up to 500 km on a full charge based on NEDC standards. The vehicle also supports fast charging from 10% to 70% in under 30 minutes.

Notably, the new-generation VF 8 is equipped with an Integrated Thermal Management (ITM) system independently researched, developed, and patented by VinFast. The system manages cooling and heating functions for the battery, motor, electrical system, and cabin climate control in a coordinated and efficient manner. This helps maintain stable vehicle performance, improve energy efficiency, support fast charging capability, and contribute to battery and motor durability, while maintaining cabin comfort in varying weather conditions.

In terms of safety, the new-generation VF 8 comes equipped with a comprehensive Advanced Driver Assistance System (ADAS), including features such as Highway Assist, Adaptive Cruise Control, Lane Keeping Assist, Blind Spot Warning, and a high-definition 360-degree camera system. The chassis structure and ADAS technologies were developed with the aim of meeting ASEAN NCAP 5-star safety standards.

VinFast will officially begin accepting pre-orders in Vietnam for the new-generation VF 8 through its official website and authorized dealer network nationwide starting May 27, 2026. The vehicle is priced at VND 999 million and comes with a warranty of seven years or 160,000 km for the vehicle, and eight years or 160,000 km for the battery, whichever comes first.

The first deliveries of the new-generation VF 8 are expected to begin in late July 2026.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup includes a wide range of electric SUVs, e-scooters, and e-buses. The company is rapidly expanding its global distribution network and manufacturing capabilities with facilities in Vietnam, India, and planned operations in the United States.

The company's Thoothukudi facility in Tamil Nadu represents a $500 million investment and will produce 150,000 vehicles annually when fully operational, creating approximately 3,500 direct jobs.

Learn more at: vinfastauto.in.

Cars24's first all-women automotive hub in Saket, Delhi NCR, has delivered a strong debut performance, prompting the company to expand the women-led hub model to Mumbai and Bengaluru

Launched at DLF South Court, Saket, the initiative was designed as a full-scale operational pilot where every role across the hub, including Car Advisors, Operations Managers and Hub Leadership, is led entirely by women. The hub operates under the same targets, performance benchmarks and accountability standards as every other Cars24 hub across the country.

Within the first month, the Saket hub recorded the highest overall performance in the Delhi NCR region, selling over 100 cars with a financing penetration of 55%.

Commenting on the development, Vikram Chopra said, “For decades, the automotive industry has largely been built and operated by men. This initiative was our attempt to challenge that norm through action, not conversation. What the Saket hub has proven is that capability was never the barrier. Opportunity was.”

The company said the experiment was aimed at understanding how customer interactions and dealership dynamics evolve when women lead the entire automotive retail experience, from sales and financing to delivery and operations.

According to Cars24, the results reflected a noticeable shift in customer engagement, trust and overall buying experience.

“The women in this hub were not selected to fulfil a quota. They were chosen because they were fully capable of running high-performance operations. The only thing we changed was ensuring they were no longer the exception on the floor, but the norm,” Chopra added.

The company also highlighted that the initiative received strong internal backing from male leaders and teams across the organisation, who played a key role in identifying the representation gap and building the model.

Cars24 currently employs over 6,800 people, of which 951 are women. The company says the Saket pilot is part of a larger long-term effort to improve women’s participation and leadership across automotive retail and operations.

Following the success of the Delhi NCR hub, Cars24 confirmed plans to expand the women-led hub model to Mumbai and Bengaluru. The company is also exploring the inclusion of women mechanics and service professionals as part of future expansion plans.

“The real success will be when women leading automotive hubs is no longer considered groundbreaking but business as usual," Chopra said.

Cars24 has invited women interested in building careers in automotive retail and operations to reach out via women@cars24.com.

VinFast VF MPV 7 is attracting attention with its spacious design, modern technology and the promise of dramatically lower travel costs

India’s EV market is increasingly moving toward premium models with longer range, more technology and stronger ownership value, as higher-income buyers drive demand for better-equipped electric vehicles. At the same time, the broader market continues to show strong momentum, with EV sales recently reaching their second-highest monthly volume on record despite seasonal slowdowns.

Against this backdrop, the newly launched VinFast VF MPV 7 is beginning to attract attention among Indian families looking for a spacious three-row vehicle with significantly lower running costs.

After test driving the VF MPV 7 with her family in Gurugram, Priya M., a 41-year-old HR manager, said the car immediately changed how her family thought about road trips.

“We usually think twice before planning long drives because fuel expenses for a large family car add up quickly, especially during holiday season. With the VF MPV 7, it suddenly felt like we could travel more freely without constantly calculating diesel or petrol costs,” she said.

That feeling comes largely from the cost advantage of electric mobility. Assuming a family drives around 1,500 km per month, running a typical diesel MPV in India today could easily cost owners anywhere from tens of thousands to over INR 100,000 annually in fuel expenses alone, especially for families who frequently travel between cities or use their vehicle heavily every day.

By comparison, the VF MPV 7’s electric drivetrain dramatically reduces running costs. Even with regular home charging, electricity expenses remain only a fraction of what most diesel MPV owners typically spend on fuel. Combined with VinFast’s free charging support at V-Green stations until March 2029, many early owners could spend close to nothing on day-to-day energy costs for the next few years.

“My husband’s side of the family lives in Jaipur, so we regularly do highway trips from Delhi. We also move around a lot inside the NCR area,” Priya added. “If charging remains free for the next few years, that is money we would rather spend on vacations and our kids instead of fuel.”

The VF MPV 7 also benefits from the lower maintenance requirements typically associated with EVs. VinFast is offering free maintenance for 3 years or 36,000 km in India. The model additionally comes with a 7-year/160,000 km vehicle warranty and a 10-year/200,000 km battery warranty.

The MPV itself has been developed around practicality and family comfort. It offers a 517 km MIDC-certified driving range, three-row air conditioning, flexible 60:40 second-row and 50:50 third-row seating layouts, a multi-link rear suspension setup and connected features such as remote AC control.

A strong value proposition from the start

The VF MPV 7 also brings a different ownership experience compared with conventional MPVs. The electric powertrain delivers 204 PS and 280 Nm of torque, while features such as regenerative braking, selectable drive modes and connected car technology give it a more modern character than many traditional people movers in the segment.

Industry observers say that this combination of low running costs, good perfomance, and family-oriented packaging is helping the VF MPV 7 generate early momentum in India’s increasingly competitive MPV segment. Customers switching from ICE vehicles can currently receive support worth INR 196,000 under VinFast’s EV transition program.

Automotive enthusiast Rohit S., who recently visited a VinFast showroom in Delhi for a test drive, believes the value equation could appeal strongly to Indian families considering an upgrade.

“When you compare what you are getting for the money, the VF MPV 7 feels very competitive,” he said. “You have the space of a proper three-row family vehicle, modern EV technology, a long warranty package and significantly lower running costs. For many families, that changes the calculation.”

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in.

Bhartendu Singh (second from left), CMO of VinFast India, receives an award from the organizers of the Times Drive Auto Summit and Awards 2026

Hosted by Times Network, the Times Drive Auto Summit & Awards is a flagship industry platform that convenes policymakers, industry leaders, and innovators to shape conversations around the future of mobility. The platform also honours excellence across the automotive sector, recognising organisations that are driving innovation, sustainability, and next-generation mobility solutions.

At the Times Drive Auto Summit & Awards 2026, the “EV Manufacturer of the Year” title was awarded to VinFast, which has demonstrated a clear market presence, a consistent product strategy, and a meaningful contribution to the advancement of electric mobility. VinFast’s recognition reflects its focused approach to building a relevant product lineup while investing in long-term ecosystem development in India.

The recognition further adds to the list of accolades VinFast has received in the Indian market, including “EV Champion of the Year” at the Jagran Hi-Tech Awards 2026, “Breakthrough Brand of the Year” at the Car&Bike Awards 2026, along with product honours such as “EV SUV of the Year – Editor’s Choice” for the VF 7 at the BBC TopGear India Awards 2026 and “Value for Money Car of the Year” for the VF 6 at the Autocar India Awards 2026, reflecting continued positive evaluation from industry experts toward the company’s product direction and long-term investment strategy.

Mr. Tapan Ghosh, CEO of VinFast India, said, “The recognition as ‘EV Manufacturer of the Year’ comes as a strong affirmation that we are on the right path in India, guided by a focused and long-term approach. Our effort has been towards simplifying EV adoption by combining relevant products with strong ownership support and long-term value. As we move ahead, we aim to make electric mobility a natural and practical choice for Indian consumers.”

Mr. Manav Sinha, Editor, Times Drive, added, “VinFast has entered the Indian EV space with remarkable clarity, confidence and ambition. From its product strategy and local manufacturing commitment to its focus on charging support, ownership peace of mind and customer-first initiatives, the brand is building more than just electric vehicles - it is building an ecosystem. At Times Drive, we believe VinFast’s aggressive and future-ready approach has made a strong impact on India’s EV landscape, making it a deserving winner of the EV Maker of the Year award.”

In 2026, VinFast continues to build strong momentum in the Indian EV market. Following the launch of the VF 6 and VF 7 electric SUVs, both of which have secured 5-star Bharat NCAP safety ratings, VinFast has strengthened its presence across key regions. The company has further expanded its portfolio with the introduction of the VF MPV 7, marking its entry into the electric MPV segment and reinforcing its focus on family-oriented mobility solutions.

Alongside the portfolio expansion, VinFast is enhancing the ownership experience through initiatives such as assured resale, structured buyback programmes, and comprehensive after-sales support. The company is also rapidly building a comprehensive electric vehicle ecosystem that integrates manufacturing, retail, financial solutions, charging infrastructure, and after-sales services, ensuring a seamless customer experience through close collaboration with local partners. In parallel, VinFast continues to advance its broader commitment to sustainability through initiatives like the Seeds of Change programme, through which every VinFast test drive contributes to tree plantation and meal support for underserved children across India.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in

VinFast officially opened bookings for the VF MPV 7, a premium seven-seater electric MPV designed for Indian customers

From April 2, 2026 VinFast will accept booking for the VF MPV 7 through its official website at vinfastauto.in and its current network of 50 authorized dealerships nationwide, with a booking amount of INR 21,000. The official launch and price announcement of VF MPV 7 will be on April 15, 2026.

As one of VinFast’s latest models, the VF MPV 7 is developed based on the signature ‘golden ratio’ proportions of MPV design, with its wheels pushed toward the corners to maximize cabin space.

With dimensions of 4,740 x 1,872 x 1,734 mm and a wheelbase of 2,840 mm, the VF MPV 7 offers a spacious cabin in both width and length. It is optimized for a seven-seat configuration, ensuring consistent comfort across all three rows, making it particularly suitable for larger families.

Its R19 alloy wheels, gives the vehicle a strong presence that suits family use while maintaining a sporty character.

The VF MPV 7 is equipped with 60.13 kWh battery which enables a driving range of 500+ kms on a full charge. Its advanced fast charging technology allows the battery to charge from 10 percent to 70 percent in approximately 30 minutes, enhancing convenience in real world conditions.

Mr. Tapan Ghosh, CEO of VinFast India, said, “The VF MPV 7 marks another step forward in VinFast’s efforts to win over Indian consumers with modern, practical, and accessible electric mobility solutions. We believe this model will help redefine standards in its segment and become an ideal choice for families seeking a clean mobility solution that meets everyday practicality.”

InPrior to the VF MPV 7, in September 2025, VinFast launched its two premium electric-SUVs, the VF 6 and VF 7, both of which received multiple prestigious industry awards. Alongside expanding its product line-up, the company continues to strengthen other pillars of its comprehensive EV ecosystem through an expanding showroom and aftersales network, as well as partnerships with local financial institutions. It has also extended Industry Best Product Warranty and introduced customer-centric support policies such as the value assured program, trade-in programs for switching from gasoline vehicles to electric vehicles, and free charging within the V-Green network until March 31, 2029, creating optimal conditions for customers to transition to electric mobility.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.

VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.

Learn more at: vinfastauto.in 

Rituraj Singh (second from the left), Deputy CEO of Sales and Network Development at VinFast India, received the award from Jagran Hi-tech organizing committee

At the Jagran Hi-Tech Awards 2026, VinFast was honoured with the “EV Champion of the Year” award, recognising the company’s strong entry into the Indian electric mobility landscape and its long-term vision for building a comprehensive EV ecosystem in the country. The award acknowledges VinFast’s investments in manufacturing, product development and local partnerships aimed at accelerating the adoption of electric mobility in India.

Arunodoy Das (center), Deputy CEO of Sales at VinFast India, receives the award from the organizers of the Car&Bike Awards 2026

Meanwhile, VinFast was named “Breakthrough Brand of the Year” at the Car&Bike Awards 2026, recognising the company’s rapid global expansion and bold commitment to an all-electric future. The jury highlighted VinFast’s fast-growing international footprint and its strategy of building a global brand around electric mobility.

The newest accolades bring VinFast’s total number of awards in the Indian market to more than 20 in just over a year, reflecting strong recognition from industry experts for both brand stature and product quality. Previously, VinFast was named “Investor of the Year” by Nanayam Vikatan magazine and “New Entrant of the Year” at the FASTER Awards 2026, while its communications team also received the “Communications Team of the Year 2026” title. The VF 7 was honored as “Electric SUV of the Year” at the BBC TopGear India Awards 2026, while the VF 6 won “Value for Money Car of the Year” at the Autocar India Awards 2026.

Mr. Tapan Ghosh, CEO of VinFast India, said, “We are honoured to receive these recognitions from the Jagran Hi-Tech Awards and Car&Bike Awards. Being named EV Champion of the Year and Breakthrough Brand of the Year reflect the growing confidence of industry experts and consumers in VinFast’s vision for electric mobility in India. As we continue to strengthen our presence in India, we remain focused on delivering innovative, high-quality electric vehicles while contributing to the development of a robust ecosystem that supports the country’s transition to sustainable mobility.”

Mr. Arjit Garg, Editor, Jagran Hi-tech, said, “At Jagran EVolution Bharat EV Conclave & Awards, we celebrate and recognise the rapidly growing EV ecosystem in India. This year was particularly special, with multiple innovations, new products, and strong global participation in the sector. One notable example is VinFast, which has not only chosen to enter the Indian market but has also committed to setting up local manufacturing, aligning strongly with the Make in India vision. For this reason, we honoured VinFast with the 'EV Champion of the Year' award, a well-deserved recognition for a brand that is bringing world-class electric vehicles to India while also contributing to job creation and strengthening the country’s EV manufacturing ecosystem.”

Mr. Girish Karkera, Editor in Chief, Car&Bike, said, “It is always tough for a new automotive brand to find a firm footing in a new country with established rivals. VinFast has been able to not only launch relevant products for India but did it in record time by industry standards. The brand has managed to reach out to its focus audiences in a remarkably simple but effective way.”

VinFast continues to strengthen its comprehensive EV ecosystem in the Indian market, spanning manufacturing, retail, charging infrastructure, and after-sales services. Following the launch of the VF 6 and VF 7 electric SUVs, both of which secured 5-star Bharat NCAP safety ratings, the company has introduced a range of ownership-focused programmes, including assured resale, structured buyback options, and an industry-first vehicle exchange programme that allows customers to trade in existing internal combustion engine vehicles for a new VinFast electric SUV.

To further improve accessibility to electric mobility, VinFast is expanding initiatives that enhance both affordability and convenience. The company recently announced the extension of its free EV charging programme at charging stations developed and operated by V-Green until March 31, 2029. VinFast has also rolled out the “Trade Gas for Electric” programme across Vietnam, India, Indonesia, and the Philippines from March 11 to March 31, 2026, offering an additional 3% incentive on VinFast electric cars and 5% on VinFast electric motorcycles for customers switching from gasoline vehicles.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.

VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.

Learn more at: vinfastauto.in

VinFast extends its free EV charging program for customers in India, Indonesia, and the Philippines through March 31, 2029

Under the new policy, all VinFast electric vehicle owners in India, Indonesia, and the Philippines will receive free charging at the V-Green-developed-and-operated charging network through March 31, 2029. The program will be extended broadly to all customers, including both existing owners and future buyers, covering private customers as well as those using their vehicles for transportation services, including drivers operating on the Green SM ride-hailing platform.

In addition, Vingroup, the parent company of VinFast, has also announced the “Trade Gas for Electric” program in India, Indonesia, the Philippines, and Vietnam. The program offers an additional 3% discount on VinFast electric cars and 5% on VinFast electric scooters for customers switching from old gasoline vehicles, applicable from March 11, 2026 to March 31, 2026. The program is implemented in parallel with and combined with other incentive programs available in each market, creating favorable conditions for customers to transition more quickly to electric vehicles, reduce dependence on gasoline, stabilize daily life, and contribute to building a cleaner and more modern living environment.

Besides VinFast customers, users of Green SM electric taxi services in Indonesia, Laos, and Vietnam will also receive a 10% discount through the “GreenForAll” program from March 11, 2026 to March 31, 2026.

Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated, “VinFast’s initial free charging policy received strong support from consumers, both in Vietnam and in international markets where VinFast operates. Extending this policy for another three years is the next step in our strategy to accelerate the adoption of electric vehicles. VinFast believes that when operating costs are optimized to nearly zero, consumers will have greater confidence and motivation to switch to green mobility, while also contributing to the greening of transportation systems in these countries.”

Alongside the free charging policy, the charging network developed and operated by V-Green is continuously expanding across the markets where VinFast operates. This expansion helps create favorable conditions for consumers to confidently transition to greener and more sustainable transportation.

In addition to the free charging incentive, VinFast is already implementing multiple policies to promote the green transition in key Asian markets. These include battery subscription program that lowers upfront investment cost, a resale value guarantee policy, flexible payment options, and market-leading warranty coverage.

With its rapidly expanding and increasingly comprehensive EV ecosystem, together with strong support policies, VinFast is accelerating the transition to electrified transportation in multiple countries, aiming to popularize electric vehicles and create a sustainable green future worldwide.

About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup includes a wide range of electric SUVs, e-scooters, and e-buses. The company is rapidly expanding its global distribution network and manufacturing capabilities with facilities in Vietnam, India, and planned operations in the United States.

The company's Thoothukudi facility in Tamil Nadu represents a $500 million investment and will produce 150,000 vehicles annually when fully operational, creating approximately 3,500 direct jobs.

Learn more at: www.vinfastauto.in.

The ‘Born Out of Line’ Yezdi Roadster from Jawa Yezdi Motorcycles has won the “Bike Design of the Year” award from car&bike, adding another major recognition to the motorcycle’s growing list of honours. Earlier this year, the Roadster was also named the “Best 350cc Motorcycle” at the Zee Media Auto Awards. 

Yezdi Roadster wins ‘Bike Design of the Year 2026’ award at car&bike awards 2026

Boman Irani, Co-founder of Classic Legends, received the award from renowned automotive designer Thomas Dal, Dean of Strate School of Design India. The honour recognises the Roadster’s bold reinterpretation of the classic roadster with a ‘Born Out of Line’ design built around a planted silhouette, muscular proportions and modular versatility.

The company’s design-first approach pushed the Yezdi Roadster beyond predictable retro templates. Designed to be long, low, planted, and unapologetically defiant, the motorcycle blends the stance of a cruiser with the ergonomics and everyday usability of a roadster. The 12.5-litre sculpted fuel tank is a nod to Yezdi’s decades-long visual lineage and reinforces the motorcycle’s muscular road presence. With the liquid-cooled 350cc Alpha2, first-in-segment 6-speed gearbox, and assist & slipper clutch under the hood, the Roadster design also keeps rider-comfort front and centre: It boasts an accessible seat height, ample ground clearance, and relaxed ergonomics.

Boman Irani, co-founder of Classic Legends, said, “Recognition from car&bike carries weight, especially when it comes to design. The Yezdi Roadster was created by deliberately rethinking classic proportions while staying true to Yezdi’s rebellious character, a philosophy that’s defined the brand since the 1970s. As the only India-born classic motorcycle marque, Yezdi has always challenged the mould. The Roadster reflects that spirit. Its design can shift effortlessly from the stealthy modern Shadow Black to the retro Red Wolf. That versatility is exactly what we set out to achieve.”

The standout design innovation was the Yezdi Roadster’s modular seating, which allows riders to switch between a single-seat bobber setup and a dual-seat touring configuration in minutes, without compromising aesthetics. The design team engineered the rear section so that when the pillion seat is removed, the motorcycle retains a clean, finished bobber look with no exposed bolts, an area where many modular cruiser designs fall short. 

Akhilesh Manchandani, Head, Concept Design, Jawa Yezdi Motorcycles, said, “The design brief was simple to say but challenging to execute: Building a motorcycle that feels rebellious and planted, yet stays practical for everyday riding. The modular rear seat was the toughest piece of the puzzle. Whether running solo as a bobber or with a pillion, the Yezdi Roadster looks clean and finished. This award is a recognition of such attention to detail and the team’s effort to push classic motorcycle design a little further.”

Yezdi Roadster’s key design elements:

• Standout cruiser-inspired stance: A long, planted silhouette that delivers the visual drama of a cruiser while maintaining comfortable roadster ergonomics for everyday riding. 

• Sculpted heritage fuel tank: A reinterpreted teardrop tank , with the Parsi Faravahar insignia anchors the motorcycle visually while linking it to the brand’s historic design language. 

• Wide rear stance: A redesigned rear section with one of the widest rear tyres in the segment, giving the motorcycle its planted look and commanding road presence. 

• Chopped rear fender: A tight, tyre-hugging rear fender that enhances the low-slung profile and, when paired with a single seat, delivers a clean bobber-like aesthetic. 

The award-winning design principle is also reflected in the Shadow Black edition, one of the Roadster’s most sought-after variants. Rather than simply blacking out visible parts, the design team focused on achieving a true all-black aesthetic, carefully eliminating chrome and silver elements across the motorcycle, down to small details like fuel caps and hardware finishes. The result is an ultramodern stealth look rarely achieved in the category, where many motorcycles still retain exposed metallic elements.

With its muscular proportions, thoughtful modularity and fearless attention to detail, the Yezdi Roadster proves that classic motorcycles can still surprise, and that design innovation often lies in how a machine’s stance, proportions and usability come together. The ‘Born Out of Line’ motorcycle channels Yezdi’s bold and wild personality by allowing riders to shape the motorcycle around their personality and is available from Rs. 196,000 (Ex-showroom) upwards at authorised dealerships across the country.

Ownership Assurance Programme for every rider
The Yezdi Roadster is supported by Jawa Yezdi Motorcycles’ industry-first Ownership Assurance Programme, prioritising customer satisfaction and hassle-free ownership. It includes:

• 4-year/50,000-km standard warranty*

• Extended warranty options for up to 6 years*

• Up to 8 years of roadside assistance*

• Up to 5 years AMC with nationwide coverage*

• Comprehensive ownership benefits across 450+ sales and service touchpoints nationwide

*Conditions apply.

About Classic Legends Pvt. Ltd
Classic Legends Pvt. Ltd. was founded with a vision to reintroduce iconic motorcycle brands in India & international markets. The company currently boasts an elaborate portfolio constituting Jawa, Yezdi & BSA marquee brands. It aims to bring consumers a quintessential motorcycling lifestyle experience by co-creating exciting product and service offerings within its motorcycling ecosystem and bringing back renewed fervour into the performance-classic motorcycle market.

 VinFast’s latest “Trade Gas for Electric” programme adds new incentives for petrol car owners switching to EVs

VinFast is approaching the EV transition in India with a layered strategy. Instead of relying on a single incentive or product feature, the company has begun assembling a broader framework designed to make switching from petrol vehicles feel less like a leap and more like a structured upgrade.

The latest addition to this framework arrived in March with a programme called “Trade Gas for Electric.”

The initiative is backed by Vingroup, Vietnam’s largest private conglomerate and the parent company of VinFast. Launched as a support measure amid geopolitical volatility affecting global energy markets, the programme offers customers who exchange a petrol vehicle for a VinFast electric model an additional 3 percent discount on cars and 5 percent on electric scooters. The scheme is being rolled out simultaneously across India, Vietnam, Indonesia and the Philippines, reflecting a coordinated push by the group to accelerate EV adoption in fast growing markets.

For Indian buyers, the offer effectively builds on the exchange programmes VinFast had already introduced earlier. Under that earlier exchange programme, customers trading in older petrol or diesel cars can receive exchange support of up to Rs. 1.3 lakh for the VF 7 and up to Rs. 95,000 for the VF 6.

“This approach recognises how people actually buy cars,” said an industry observer. “Most customers in India upgrade through exchange cycles. If EVs fit naturally into that pattern, adoption becomes easier.”

The VF 6 and VF 7, both positioned as premium offerings, form the backbone of VinFast’s initial product lineup in India.

The VF 6 is positioned in the compact electric SUV segment, equipped with a 59.6 kWh battery and fast charging capability that can replenish the battery from 10 to 70 percent in roughly 25 minutes, with a certified driving range of up to 468 kilometres. The larger VF 7 targets buyers looking for a mid size electric SUV with multiple battery and drivetrain options.

Beyond specifications, safety has become one of the strongest talking points around the vehicles. Both models recently received the highest five-star rating under Bharat NCAP, India’s official vehicle safety assessment programme.

Yet incentives and product quality alone rarely determine the success of an EV brand. Infrastructure and service coverage often shape consumer confidence just as strongly.

Here again VinFast has been building several layers simultaneously.

The company has partnered with service providers such as myTVS and RoadGrid to work toward establishing hundreds of extended service workshops across the country. At the retail level, VinFast plans to expand from about 35 showrooms in 2025 to roughly 75 by the end of 2026. This growth will focus on Tier II and emerging markets, reinforcing its commitment to making electric mobility accessible beyond metropolitan cities.

Ownership assurance is another piece of the strategy. VinFast has introduced a Value Assured buyback programme designed to address one of the most common concerns around EV ownership: resale value. Under the scheme, customers are guaranteed the option to sell their vehicle back to the company at a pre-determined percentage of its original price after several years of use.

The vehicles are also supported by long-term warranties, integrated roadside assistance packages that run concurrently with the warranty period, and three years of free maintenance. For the VF 7, coverage extends up to ten years or 200,000 kilometres, while the VF 6 is supported for up to seven years or 160,000 kilometres depending on the variant. These provisions are designed to ensure that support coverage lasts as long as the primary ownership cycle.

Taken together, VinFast and Vingroup’s initiatives create a pathway that stretches well beyond the initial purchase moment. The “Trade Gas for Electric” programme may be the most visible step today. But within the larger ecosystem being built around it, incentives are only one layer among many designed to make the shift to electric mobility increasingly practical for Indian drivers.

Cars24 introduces Lifetime Warranty with a Mother Promise at its heart, ensuring long-term reliability and worry-free ownership

While most used car warranties in India are limited to short durations, leaving buyers exposed to major mechanical costs over time, Cars24’s Lifetime Warranty introduces long-term protection for critical powertrain components, including the engine, transmission, and drivetrain, for up to 12 years from the date of vehicle registration or 1.5 lakh kilometers, whichever comes earlier. These are the systems that keep the car running and are also the most expensive to fix or replace when things go wrong.

Built for long-term ownership, the programme extends protection well beyond standard warranty periods, covering the kind of mechanical failures that usually show up only after years of use.

The Lifetime Warranty is available exclusively on Cars24 Certified vehicles and offers cashless repairs at Cars24-certified workshops across India, supported by a fully digital claim process, including vehicle pick-up and drop-off. To maintain coverage, vehicles must undergo periodic servicing at Cars24-certified workshops as per prescribed service intervals.

“At Cars24, we are deeply confident about the quality of the cars we sell,” said Himansu Ratnoo, CEO India, Cars24. “That confidence is what allows us to offer a Lifetime Warranty and stand by the most critical systems of the car for a much longer part of the ownership journey.”

“The intent is to remove long-term uncertainty for customers who plan to keep their cars for years, while taking responsibility for what truly matters in vehicle ownership,” he added.

Lifetime Warranty can be opted for at the time of purchase, giving customers added confidence from day one. The programme is now live pan-India, ensuring long-term peace of mind and ownership assurance wherever you are.

With this launch, Cars24 becomes the first platform in the Indian used car market to introduce a Lifetime Warranty programme focused on long-term mechanical protection.

About Cars24

Since its inception in 2015, Cars24 has been on a mission to simplify car ownership for everyone. Offering services such as buying, selling, loans, insurance, servicing and more, Cars24 is building an integrated automotive platform for Indian consumers. Through Cars24 Financial Services, the company also provides vehicle lending solutions.

Cars gifted to employees as part of HiLITE Group's 30th-anniversary celebrations

The fleet of cars gifted to the dedicated employees includes a range of premium and luxury models, featuring the Range Rovers, Audi Q8, and Land Rover Defender, alongside popular models such as the Tata Harrier, Kia Seltos, Hyundai Creta, Skoda Kylaq and many more. By prioritizing this significant investment in its workforce, the Group highlights a people-centric approach and dedication to its employees.

“For three decades, we have focused on building the finer sides of Kerala. Our vision is to create aspirational spaces that stand the test of time,” said P. Sulaiman, Chairman, HiLITE Group.

“The scale we are announcing today reflects our confidence in Kerala’s future,” said Ajil Muhammed, CEO, HiLITE Group. “Our projects are designed to elevate Kerala’s position in the global economy while strengthening local opportunities.” He added.

Founded in 1996, HiLITE (www.instagram.com/hilitegroup_?igsh=MXhweTJwcXowZDYydQ==) has pioneered landmark projects ranging from Focus Mall, Kerala’s first organized retail space, to the expansive HiLITE Malls in Calicut and Thrissur. Ten additional malls are currently in development across the State. This legacy continues at HiLITE City, where the Group having around 10,000 employees is developing what is set to become one of largest World Trade Center. Spanning 12.5 million Sq. Ft. with an estimated investment of $680 million, the project will significantly strengthen Kerala’s global trade footprint.

The event was hosted at HiLITE Olympus, Calicut, a residential development recognised as the ET Iconic Project of 2025.

Cars24 unveils its new logo and refreshed brand identity ahead of IPO, marking its evolution into a full-stack car ownership platform in India

Founded in 2015, Cars24 entered a market that was fragmented, opaque and often intimidating for customers. In its early years, urgency mattered. The company needed to be noticed quickly and the all-caps identity — CARS24 — reflected that phase. It was bold, assertive and designed to cut through noise. According to the company, that approach worked well when breaking into a market that didn’t really want to change.

Over time, however, Cars24’s role began to evolve.

Customers started returning to the platform at different stages of their lives, whether they were changing cities, expanding families, or reassessing their needs. What was once a one-time interaction increasingly became an ongoing relationship. As the company grew and the work became more serious, the identity that once helped Cars24 get noticed began to feel louder than necessary.

“When we started, being loud helped,” said Vikram Chopra, Founder & CEO, Cars24. “But as the company and the team grew up, the work started speaking for itself. This change is about reflecting who we are today, calmer, more human and focused on earning trust over time.”

The refreshed identity moves from CARS24 to Cars24, shifting from an assertive, all-caps style to sentence case. The company says the change reflects maturity and confidence, a brand that no longer needs to announce itself loudly, but instead shows up consistently and responsibly.

At the centre of the new identity is an open circular logo, intentionally designed to represent continuity rather than completion. Cars24 says the circle reflects how car ownership actually works in real life, cars change hands, needs evolve and value continues across different phases. The open form signals flexibility and movement, rather than closure.

Alongside the logo, Cars24 has also updated its brand colour. The familiar blue has been replaced with what the team calls a “younger blue” brighter, clearer and more alive. The company says the new blue reflects how it wants to show up for customers today: present, attentive and human. It carries the belief that trust does not need to feel distant to be credible and that scale does not have to come at the cost of warmth.

The updated identity was developed over more than 1,200 hours of design and iteration, focusing on simplicity, longevity and adaptability. While Cars24 expects its products and services to continue evolving, the refreshed look is intended to remain relevant as the company enters its next phase of growth.

The refresh also reinforces Cars24’s long-term vision of Better Drives, Better Lives: helping people make smarter decisions around buying, selling and owning cars, while building systems that stay useful as needs change over time.

Read more in the blog here : Click Here

About Cars24

Since its inception in 2015, CARS24 has been on a mission to simplify car ownership for everyone. Offering services such as buying, selling, loans, insurance, scrapping and more, CARS24 is the ultimate automotive super app. Through CARS24 Financial Services, the company also provides innovative vehicle lending solutions, further enhancing its customer offerings.

Elie Luskin, Vice President for India and China at Mobileye
 

The ADAS Test City at ARAI represents India’s first dedicated track designed exclusively for ADAS testing and validation, enabling structured evaluation of safety technologies tailored to the country’s diverse and complex road environment. The facility is expected to play a pivotal role in accelerating ADAS adoption and strengthening road safety outcomes across vehicle segments. The 2026 edition of The ADAS Show features Mobileye and HERE Technologies as key partners, reinforcing the event’s stature as a globally relevant forum for intelligent mobility.
 

Elie Luskin, Vice President for India and China at Mobileye, commented on the significance of the launch, stating, “The successful launch of India’s first dedicated ADAS testing track by ARAI marks a major milestone, underscoring the market’s commitment to scaling ADAS adoption and improving road safety.”
 

At the event, Luskin will deliver a keynote address outlining Mobileye’s global technology roadmap and its relevance to India’s mobility ecosystem. Additionally, Dhairyashil Gaekwad, Director - Business Development & Strategy, India at Mobileye, will participate in a panel discussion examining ADAS adoption across different vehicle segments in the Indian market.
 

HERE Technologies will present its latest mapping and localisation innovations through live demonstrations at the ADAS Test City. Attendees will experience HERE’s real-time localisation and high-definition mapping capabilities during on-track ADAS demonstrations, including HERE HD Live Map, HERE ISA Map, C-V2X and cloud-based localisation solutions.
 

Commenting on the collaboration, Abhijit Sengupta - Senior Director & Head of Business, India & Southeast Asia, HERE Technologies stated, “We’re honoured to partner with ARAI on this transformative initiative. The ADAS Test City is a cornerstone in India’s path toward intelligent mobility and HERE’s high-definition maps and localisation technologies are key enablers of safe, reliable and context-aware driving experiences. Together with ARAI, we aim to empower automakers, tier-1s and developers to localise, test and scale ADAS capabilities that truly reflect India’s diverse road ecosystem.”
 

The ADAS Show has emerged as India’s most prestigious and widely covered platform for ADAS and autonomous vehicle technologies. Recognised as the largest gathering of OEMs, Tier-1 suppliers, technology companies and regulators in the future mobility space, it remains the only event in India to offer live, real-world testing on a track purpose-built for ADAS validation.

About The ADAS Show
The ADAS Show is India’s premier platform dedicated to Advanced Driver Assistance Systems and autonomous vehicle technologies. The event brings together the automotive ecosystem to enable knowledge exchange, live technology demonstrations, and real-world testing. With strong participation from OEMs, Tier-1 suppliers, technology leaders, and regulators, The ADAS Show plays a critical role in shaping the future of automotive safety and intelligent mobility in India.

Mr. Arunodoy Das, Deputy CEO of VinFast India - Sales received the award from Mr. Nitin Gadkari, Hon. Union Minister of Road Transport and Highways, Govt. of India

The Auto9 Awards is an annual awards program organized by TV9 Network to honor outstanding achievements in the automotive and mobility industry in India, as well as vehicles launched in 2025. With an evaluation process based on real world testing, technical data, and insights from a multidisciplinary panel of experts, the awards provide a comprehensive perspective on product quality, usability, and market impact.

This year, the “New Entrant of the Year” award at the Auto9 Awards 2026 was presented to a brand that demonstrated a clear market presence and created a strong impression within a short period after entering the market, through its product strategy, execution capabilities, and alignment with local consumer needs. In addition, the “Value for Money Car of the Year” award recognized the outstanding value proposition of the all-electric B-SUV VF 6, highlighting its balance between price, features, and cost of ownership, and reflecting VinFast’s role and contribution at both brand and product levels in the overall development of India’s EV industry.

The recognition at the Auto9 Awards 2026 further adds to the list of accolades VinFast has received in the Indian market, reflecting the positive attention and evaluation from industry experts toward the company’s product development direction and long-term investment strategy.

Mr. Tapan Ghosh, Chief Executive Officer of VinFast India, stated, “The double honor at the Auto9 Awards 2026 is a meaningful recognition of our efforts in India. This award reflects VinFast’s long-term approach to the market, combined with a strong focus on real world consumer needs, while reinforcing our commitment to sustainable investment in India.”

Mr. Nand Kumar, Editor - Auto, TV9 Network, said, “VinFast’s product strategy reflects a clear intent to address different segments of the EV market. The VF 6 stood out for offering a well-balanced package strong on features, sensible on pricing, and practical for everyday use which made it a natural choice for our Value for Money Award. At the same time, VinFast’s entry as a new brand has been both credible and promising, earning it the New Entrant Award. These awards reflect the strength of VinFast’s early product lineup for the Indian market.”

After just one year of presence, VinFast has gradually established its footprint in India’s electric vehicle market through a long-term development strategy and a premium product portfolio. The company is building a comprehensive electric vehicle ecosystem that integrates manufacturing, retail, financial solutions, charging infrastructure, and after-sales services, ensuring a seamless customer experience through close collaboration with local partners.

With a consistent focus on innovation, sustainable development, and a user-centric approach, VinFast continues to advance its mission of accelerating the transition to green mobility while making a positive contribution to the long-term development of India’s automotive industry.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in.  

Mr. Pham Sanh Chau (center) received the 5-STAR Bharat NCAP safety certification for the VF 6 from Shri. Nitin Gadkari, Hon. Minister of Road Transport and Highways, Govt. of India

According to Bharat NCAP test results, both VF 6 and VF 7 achieved 5-star ratings in the two core safety categories. Specifically, VF 6 recorded 27.13/32 points in Adult Occupant Protection (AOP) and 44.41/49 points in Child Occupant Protection (COP). VF 7 achieved 28.54/32 points in AOP and 45.25/49 points in COP. These scores reflect a high level of protection for both adult and child occupants across both models.

In the crash test assessments, the two VinFast models continued to demonstrate strong safety performance. In frontal impact tests, head & neck and upper leg protection scores for both the driver and passenger in VF 6 and VF 7 reached 4.000 points, the maximum on the Bharat NCAP scale. In side impact tests, both vehicles achieved full scores of 16.000/16.000 for adult occupants and 8.000/8.000 for child occupants.

In the pole side impact test, the head injury assessment values for VF 6 and VF 7 were recorded at 109 and 131 respectively, significantly lower than the Bharat NCAP critical threshold of 700. These results indicate effective head protection in high-risk crash scenarios.

Bharat NCAP is a vehicle safety assessment programme implemented by the Government of India, aligned with international practices such as Global NCAP. The programme evaluates occupant protection through a range of crash tests and awards safety ratings from 3 to 5 stars. Achieving the highest rating confirms that VF 6 and VF 7 meet the rigorous safety standards currently applied in the Indian market.

Previously, VinFast models have also received positive recognition from regional safety assessment organisations, reflecting the company’s consistent focus on safety. Notably, the VinFast VF 8 achieved a 5-star ASEAN NCAP rating and surpassed more than 15 major automakers to secure 5 out of 6 safety awards from the organisation in 2024.

Mr. Tapan Ghosh, CEO of VinFast India, said, “The 5-star safety ratings awarded to VF 6 and VF 7 by Bharat NCAP mark an important milestone, underscoring the quality and high safety standards of VinFast’s electric vehicles in India, one of the world’s largest automotive markets. These results show that VinFast EVs are built on a robust engineering foundation and meet stringent safety assessment requirements. We remain committed to continued investment in product improvement, delivering electric vehicles that are not only environmentally friendly and technologically advanced, but also provide customers with confidence and peace of mind throughout the journey toward electrified mobility.”

Assembled at VinFast’s manufacturing facility in Tamil Nadu, VF 6 and VF 7 are premium electric SUVs designed for customers with high expectations for safety, technology, and everyday practicality. In addition to a 5-star Bharat NCAP-rated EV-dedicated platform, both models are equipped with 7 airbags and variant-dependent smart ADAS features, such as Auto Lane Changing Assist, Adaptive Cruise Control, Emergency Lane Keeping Assist, Front and Rear Automatic Emergency Brake, and Blind Spot Detection, enhancing collision avoidance capability and driving support across diverse traffic conditions.

The two electric SUVs form an important part of VinFast’s comprehensive EV ecosystem in India, which encompasses local manufacturing, a retail network, charging infrastructure, and aftersales services. This integrated approach aims to deliver a seamless customer experience through strategic partnerships with local stakeholders.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in.

VinFast rolled its 200,000th electric vehicle of 2025 out of the Hai Phong plant

That sense of continuity turned into a milestone on December 31, when VinFast rolled its 200,000th electric vehicle of 2025 out of the Hai Phong plant. The number capped a year in which the company had already spent more than twelve months as the best-selling car brand in Vietnam, steadily widening a gap between itself and long-established rivals.

The factory itself helps explain how that pace has been sustained. With more than 1,200 ABB robots and a production process nearing 90 percent automation, the Hai Phong plant runs with the discipline and rhythm of a mature global manufacturer. December alone saw nearly 26,000 vehicles completed. On its busiest day, the plant produced more than a thousand cars in 24 hours, a level of output that puts it firmly in gigafactory territory.

The identity of the 200,000th vehicle mattered as much as the number itself. It was the Limo Green, a fully electric seven-seat MPV that has become one of VinFast’s standout successes. In November 2025, the model posted monthly sales of 9,642 units, the highest single-month figure ever recorded by any car in Vietnam. The appeal is straightforward and deliberate: space, features, and practicality, wrapped into an electric MPV designed for families and fleet buyers alike. VinFast plans to bring the Limo Green to India and Indonesia next, markets where affordable electric people movers have big growth potential.

While celebrations were underway in Hai Phong, another piece of good news arrived from more than 5,000 kilometers away. On that same December 31st, India’s VAHAN data showed VinFast had recorded 321 new electric vehicle registrations for the month, overtaking both Hyundai and Kia. The result placed VinFast fourth in India’s EV market in December, a notable showing for a brand still learning its way around the country.

The ranking deserves attention. Although VinFast officially launched its brand in January 2025, sales only began in September, and with just two models, the VF 6 and VF 7, both assembled locally at its Tamil Nadu plant. Four months later, the company had already expanded to 35 showrooms nationwide.

“VinFast’s entry is raising the bar for design, features, and performance in the EV segment,” wrote one industry observer.

Taken together, these developments suggest a company stepping into 2026 with its footing secure. Beyond Hai Phong, VinFast brought three new factories online over the past year, in Ha Tinh in Vietnam, Tamil Nadu in India, and Subang in Indonesia. The footprint reflects a strategy built around local production, tighter supply chains, and a long view of global growth.

Looking ahead, change is coming, but the direction remains consistent. VinFast is continuing to build out its EV ecosystem, expanding dealerships and service centers while tackling charging access head-on. In December, its strategic charging partner V-Green signed agreements with HPCL to install EV chargers at fuel stations across India, addressing one of the most persistent concerns among Indian EV buyers.

In 2026, the company’s three core pillars will continue to bring tangible benefits to consumers. Vehicles are designed to meet high-quality standards. Pricing is structured to stay inclusive. Exceptional after-sales policies are meant to reduce uncertainty. Indian customers are offered warranties of up to ten years/200,000 km on vehicles and batteries, along with benefits such as three years of free maintenance, incentives that aim to make the transition to electric feel less like a leap of faith.

For a new brand, the strategy signals patience. VinFast is spending early to earn trust later, betting that consistency will matter more than quick wins. As one Indian auto industry analyst observed, the next phase will come down to execution. If manufacturing strength continues to show up in everyday ownership and charging access improves at the same pace, VinFast’s early momentum could carry well beyond 2026.

For customers already behind the wheel, the shift feels personal. “I didn’t buy it just because it looks good and new, though that helps,” said Rahul, a first-time EV owner in Pune. “I bought it because the VinFast team at the showroom made me feel supported, and because they’ve actually built a factory here. That tells me they’re serious about staying for the long term.”

Mr. Tapan Ghosh (right), CEO of VinFast India, accepted the award from Mr. Sachin Malhotra, Head of Operations, Orbitsys Technologies

The Autocar India Awards is a prestigious annual awards program organized by Autocar India, one of India’s leading automotive publications, to honor the most outstanding vehicles and brands in the market. With a history spanning more than 23 years, the awards are widely regarded for their credibility, and many past winners have gone on to achieve significant commercial success and lead their respective segments.

This year, the VinFast VF 6 impressed the jury with its market-focused approach to product development for India, where consumers increasingly prioritise long-term value, running costs and safety. The VF 6 was recognised as a model that meets these expectations effectively, while still maintaining high standards of design and technology.

A B-segment electric SUV, the VF 6 features a modern, compact yet robust design well suited to urban driving conditions. Its interior is thoughtfully crafted to maximise comfort for both driver and passengers, complemented by smart technology features and advanced driver assistance systems (ADAS) that help enhance safety and convenience in everyday use.

The award at the Autocar India Awards 2026 represents an important milestone for the VF 6 and adds to VinFast’s growing list of achievements as the brand expands across international markets. The recognition reflects VinFast’s consistent strategy of making premium electric vehicles more accessible to a wider range of customers.

Mr. Tapan Ghosh, Chief Executive Officer of VinFast India, stated, “We are proud that VinFast continues to be honored by one of the most prestigious awards programs in the Indian market, the Autocar India Awards 2026. This honour reflects the industry’s appreciation for VinFast’s premium yet accessible electric vehicles, and it motivates us to continue delivering modern, safe and sustainable electric mobility solutions for Indian customers.”

Mr. Hormazd Sorabjee, Editor,  Autocar India, said, “Getting the value equation right in India is never easy, but the well-equipped and practical VF 6 with its Rs sub-20 lakh price range does exactly that. It’s a lot of car for the money.”

With a structured investment strategy, VinFast is gradually building a comprehensive electric vehicle ecosystem in India that integrates manufacturing, financial solutions, charging infrastructure, and after sales services to ensure a seamless electric vehicle ownership experience for customers. Guided by a strong focus on sustainability and innovation, and with products such as the VF 6, VinFast continues to advance its mission to accelerate the transition to green mobility in one of the world’s most dynamic automotive markets.

About VinFast
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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: www.vinfastauto.in.

Aptiv PLC (NYSE: APTV), a global industrial technology company, today announced that a leading commercial vehicle OEM (Original Equipment Manufacturer) has selected its Gen 6 Advanced Driver Assistance System (ADAS) to equip its future trucks and buses in India. 
 

Gen 6 ADAS platform will scale across the broad commercial vehicle lineup, covering 14 models and more than 30 variants
 

This partnership marks Aptiv’s first collaboration with an Indian commercial vehicle OEM on ADAS. It comes as the industry prepares for yet to be rolled out 2027 regulations requiring new trucks and buses to include safety features such as automatic emergency braking, lane departure and blind spot warnings and pedestrian and obstacle detection when starting from a stop.

To meet these requirements, commercial vehicle OEMs face unique challenges. They must integrate advanced safety technologies across diverse vehicle types and powertrains, address larger blind spots, and ensure reliability in harsh environments. Validation standards are more demanding than for passenger cars due to heavy-duty driving cycles, longer operating hours, and greater exposure to vibration and challenging road conditions.

“We are ready to play a leading role in helping OEMs in India meet demanding real-world conditions by introducing advanced, cost-effective safety solutions tested and tailored to local needs,” said Javed Khan, Executive Vice President and President, Intelligent Systems, Aptiv. “By combining globally proven technologies - already deployed in millions of vehicles across Europe, North America, and Asia Pacific - with intelligent adaptations for the local commercial vehicle segment, we enable OEMs to rapidly deliver advanced safety technology for one of the world’s fastest-growing markets.”

Scalable, High-Performance Safety for Diverse CV Fleets

Built on a uni-voltage architecture, the Gen 6 ADAS platform will scale across the broad commercial vehicle lineup for this OEM, covering 14 models and more than 30 variants.
 

Perception will be powered by Aptiv’s newly launched Gen 8 radar and Gen 7 smart camera, featuring STRADVISION’s AI-based vision technology specifically tailored for Indian road conditions - including detection of three-wheelers, large animals, and vulnerable road users such as pedestrians, road workers, and cyclists.

As part of an integrated solution, these advanced sensors and software will deliver industry-leading performance while reducing system complexity compared to conventional configurations. The platform leverages Aptiv’s modular ADAS software - already in production on more than 40 million vehicles globally - with support for over-the-air updates to add features and improve performance over time, enabled by Aptiv’s LINC™ Software Platform and Wind River’s VxWorks® real-time operating system (RTOS).

This partnership reinforces Aptiv’s long-term commitment to India’s rapidly growing passenger and commercial vehicle markets. It follows significant investments in local capabilities, including the opening of Aptiv’s technical center in Chennai in 2025 and the expansion of its advanced manufacturing facility in Chennai in 2024. Today, Aptiv India employs 2,500 engineers and 13,000 employees across 7 manufacturing sites, 4 technical centers, and 1 tooling center nationwide, supporting OEMs with production-ready, software-led solutions.

“India’s mobility ecosystem is at a pivotal point as regulatory and consumer expectations evolve rapidly. This is yet another example of Aptiv’s commitment to working closely with leading OEMs and industry partners to ensure optimized performance, timely regulatory compliance and a more resilient mobility landscape for India,” said Arun Devaraj, Vice President and Managing Director, Intelligent Systems, Aptiv Asia Pacific (Non-China).

About Aptiv
Aptiv is a global industrial technology company enabling more automated, electrified, and digitalized solutions across multiple end-markets.

For more information, please visit aptiv.com.

VinFast’s first year in India reveals a playbook built on speed, confidence, and tightly aligned pillars of product, pricing, and aftersales policies

But the underdog never played its part.

Within months of stepping onto Indian soil, VinFast began doing a sequence of moves that made analysts double take. More and more dealers started signing with the brand. Banks shows up to finance both customers and showrooms. And in Tamil Nadu, a factory rose from empty land to a functioning production hub, producing VF 6 and VF 7 units assembled by local workers.

Momentum like this is rarely accidental. It flowed from a playbook VinFast had tested in Vietnam, refined in Southeast Asia, and reinterpreted for India’s unique scale. At the core of this playbook is a trio of commitments that shaped its rise at home and define its ambitions abroad. VinFast refers to them as its three core pillars: high-quality vehicles, inclusive price, and exceptional aftersales policies. These pillars helped VinFast become the top selling automaker in Vietnam, and now they form the spine of its India strategy.

Why VinFast Starts With VF 6 and VF 7

The VF 6 and VF 7 are perharps the clearest expression of how those pillars translate into practice.

VinFast could have chosen to debut with any model, particularly a smaller one to get a low-risk entry. The brand has a wide lineup, from the cute and compact VF 3 that became a phenomenon in Vietnam to the luxury seven-seat VF 9. Yet it chose the VF 6 and VF 7 for India because they embody the company’s core philosophy in a way that feels tailored to Indian consumers.

First, high-quality vehicles. Both models carry European-influenced design and a level of fit and finish that defies the newcomer label. The VF 7 in particular has already captured attention. It was named EV Disruptor of the Year by the Jagran Hi-Tech Awards for its modern styling, spacious interior, and advanced features, which judges viewed as punched far above its expected segment position.

Second, inclusive price. VinFast does not aim to be the cheapest brand in the market. Instead, it positions itself where aspiration meets accessibility. This formula succeeded in Vietnam, where VinFast offered generous equipment levels at competitive pricing, making EV ownership realistic for more households without watering down the premium experience. Even entry models came with features often reserved for higher segments.

The VF 6 and VF 7 follow the same logic in India. They look premium, feel premium, and drive premium, yet remain priced for a segment where buyers are ready to upgrade from combustion vehicles without stepping into luxury territory.

Third, exceptional aftersales policies. VinFast learned in Vietnam that convincing consumers to shift from petrol to electric requires more than technology. It requires confidence. Long warranties, clear maintenance policies, and easy access to service became part of its brand identity. In Vietnam, warranties for several models stretch up to ten years, a signal of engineering confidence that reshaped consumer expectations. Vietnamese users often reported that servicing VinFast models cost dramatically less than comparable petrol cars, sometimes by more than 80% in real world comparisons. These differences helped the brand surge to the top of the Vietnamese market and created a new expectation that a premium EV should also be practical.

In India, the VF 6 and VF 7 arrive with the same class-leading warranty, and VinFast does not stop there. Buyers also get three years of free maintenance and three years of free charging, a little gift made possible through its strategic partner V-Green.

Taken together, the VF 6 and VF 7 represent exactly how the brand intends to flip the script in each market it’s present: Deliver vehicles that feel premium in design and experience, price them within reach of the middle class, and support them with aftersales care that makes EV ownership feel reassuring.

Factory Speaks Louder Than Ads

There is marketing, and then there is a factory rising from the ground in 15 months.

VinFast’s Tamil Nadu plant is the physical expression of the brand’s belief in acting early and acting boldly. When the site was first chosen, there was nothing. The company surveyed fifteen locations across six states, chose Thoothukudi, and began construction with astonishing speed. Soon the plant rolled out the first VF 6 and VF 7, the very models that symbolize VinFast’s aspiration in India.

The pace felt familiar. In Vietnam, the Hai Phong plant had already shown what VinFast’s execution looks like at full throttle. TIME Magazine described the factory floor as a place where “robot arms twirl like pneumatic ballerinas,” welding with 98% automation and producing multiple models on a single line. Even Google Maps could not keep up. The magazine noted that the satellite view still showed half of the 877 acre site sitting under the sea because VinFast built the reclaimed land faster than the satellite could refresh.

Before the year was over, VinFast made another decisive move by signing an MOU with the Government of Tamil Nadu to expand its Thoothukudi facility on roughly 500 acres of newly allocated land. As part of the second phase of its 2 billion dollar commitment, VinFast is expected to invest an additional 500 million dollars to build dedicated production lines for electric buses and e-scooters, expanding beyond its current electric car output.

Beyond the factory, VinFast brings with them a full ecosystem philosophy. Even before sales began, VinFast secured nationwide service and roadside partnerships with myTVS, RoadGrid, and Global Assure. It formed a battery lifecycle agreement with BatX, showing long-term responsibility for sustainability. And it laid the foundation for a charging network through V-Green, the company founded by VinFast founder Pham Nhat Vuong and which has been platform that already anchors Vietnam’s dense EV infrastructure.

In parallel, the support infrastructure extends through financing partnerships. VinFast secured alliances with YES BANK, HDFC Bank, ICICI, Kotak, Axis, and the State Bank of India. These agreements cover retail buyers, dealer inventory, corporate fleets, and even in showroom financing. Banks responded enthusiastically perharps because VinFast arrived with credible scale, local manufacturing, and a commitment to long term presence that made lenders comfortable extending generous limits.

Dealers noticed too. Within months, inquiries poured in daily from dealership groups across India wanting a spot in the network, including cities that were nowhere near VinFast’s initial rollout plan.

This ecosystem approach is not only operational. It is philosophical. It assures customers that buying a VF 6 or VF 7 is not a leap of faith into an untested category, but a move into a supported, well designed EV experience.

The early response from Indian journalists and influencers has been a clear indicator of VinFast’s resonance. During his tour of Vingroup’s ecosystem and the VinFast Hai Phong manufacturing complex, Vishal Ahlawat was immediately struck by the sheer scale on display. As he put it, “The first thing I noticed was the vastness of the land, an enormous facility where they manufacture two wheelers, four wheelers, and even buses.”

Seeing VinFast vehicles everywhere in Vietnam also sparked a sense of possibility for the Indian market. He added, “I would definitely love to see that in India someday.”

A First Year That Reads Like a Mission Statement

Perhaps the most striking part of VinFast’s first year in India is not the size of the factory or the number of banks or even the speed of construction. Rather, it’s the clarity of its intent. The company behaves not like a speculative entrant but like a long-term partner, building not for this quarter, but for the years that follow.

It has already woven India into a production and service ecosystem that spans Vietnam, Indonesia, and other markets in Asia. And it has introduced vehicles that are not stepping stones, but flag bearers. The VF 6 and VF 7 are the embodiment of the company’s three pillars. They prove that VinFast is not trying to sell just electric cars to India, but trying to build a complete, trustworthy EV experience.

In Vietnam, this approach took VinFast from outsider to market leader. In India, it has already begun rewriting expectations of what a newcomer can pull off in a single year.

A first year rarely changes a market, but it can set the mood for what follows. And if this is how VinFast begins its India story, the next chapter for a newcomer that behaves nothing like a newcomer is bound to be worth watching.

Mr. Nguyen Nam Tien, CEO of V-Green India (left), and Mr. Deepesh Shrinath, CEO of RoadGrid India, at the signing ceremony

Under the partnership, RoadGrid will deploy fast charging stations at high-visibility and high-demand locations across India, including retail outlets operated by Hindustan Petroleum Corporation Limited (HPCL), Smart Cities zones, and other strategic sites on a pan-India basis. This deployment supports V-GREEN’s objective of establishing a comprehensive, reliable, and high-performance EV charging network in the country.

V-GREEN will lead the ownership, software integration, and overall management of the charging ecosystem, while RoadGrid will support execution through site identification, local liaising, approvals management, coordination with stakeholders, and on-ground operations and maintenance support.

V-GREEN brings strong global experience in developing and operating large-scale EV charging infrastructure, while RoadGrid contributes deep local execution capabilities and market knowledge tailored to Indian conditions. Together, the companies aim to ensure faster rollout, high uptime, and a seamless charging experience across urban centres, highways, and emerging EV corridors.

The partnership reflects the shared commitment of V-GREEN and RoadGrid to support India’s energy transition by strengthening fast charging infrastructure, improving EV adoption readiness, and building long-term confidence among EV consumers. RoadGrid previously signed a strategic MOU with global EV manufacturer VinFast to develop 120 electric vehicle service workshops in India, further reinforcing the role of this collaboration in supporting VinFast’s growth.

V-GREEN was founded by VinFast founder Mr. Pham Nhat Vuong, with the goal of investing in and developing charging infrastructure systems to provide support for VinFast’s rapid global expansion, with India as one of the key markets. In Vietnam, V-GREEN has established its pioneering position and capabilities by operating approximately 150,000 charging ports nationwide and continuously partnering with multiple collaborators to expand its network.

About V-GREEN
V-GREEN, the Global EV Charging Station Development Company, was established by billionaire Pham Nhat Vuong, the founder of VinFast. The company is focused on building an extensive charging network for VinFast electric vehicles with more than 150,000 charging ports across Vietnam. V-GREEN has also established a presence in Indonesia and the Philippines, and is actively pursuing expansion into other promising international markets.

Guided by the mission “For a Green Future for Everyone,” V-GREEN envisions becoming a global pioneer in green infrastructure, offering smart, convenient, and flexible charging solutions. Learn more at www.vgreen.net.

About RoadGrid India Private Limited
RoadGrid is a technology company that is pioneering the development of Patented Universal EV Chargers, developing a cloud-based software to transform the experience of EV charging, and creating a charging station ecosystem to drive the growth of EV led clean mobility. Road Grid has the vision to make EV charging universal, ubiquitous and available to everyone everywhere, in India and Globally.

RoadGrid is on a mission to transform EV charging with technology and create the largest charging network of its kind in India and the world to achieve its vision.

Mr. Tapan Ghosh (center), CEO of VinFast India, received the award from the organizers of the ACKO Drive Awards 2026: The One That Matters

At the ACKO Drive Awards 2026, the VinFast VF 7 was named “Mid-Size SUV of the Year” after convincingly meeting the criteria of a modern family SUV. The award is presented by ACKO Drive, a leading automotive content platform in India, with winners determined by a jury of top industry experts through a rigorous evaluation process.

Meanwhile, at the GaadiWaadi Editors’ Choice Awards 2026, the “Value-for-Money Package of the Year” award was presented to the VinFast VF 6. The model was recognized for its well-rounded balance of performance, technology features, modern interior design and competitive pricing, positioning it as a strong choice for value-focused Indian customers. GaadiWaadi Editors’ Choice Awards are organized annually by GaadiWaadi, one of India’s most trusted automotive news platforms, to honor standout products in the market.

At the Motorscribes Auto Awards 2025, VinFast secured a double win, being named “Electric Vehicle Manufacturer of the Year”, while the VF 7 received the “Electric Vehicle of the Year” award. The honors recognize VinFast’s long-term vision and the strong value proposition of its electric vehicle lineup. Motorscribes Auto Awards are evaluated based on inputs from the jury panel and community engagement, offering a balanced reflection of expert assessment and real-market feedback.

The newest awards further add to VinFast’s growing list of recognitions in India, including the “Most Anticipated New Car” award from ABP Live News, the double honors of “Electric Vehicle Manufacturer of the Year” and “EV Disruptor of the Year” at the Jagran Hi-Tech Awards, as well as the “Design of the Year” award at the Zee Media Auto Summit.

Mr. Tapan Ghosh, CEO of VinFast India, said, “Being recognized at the ACKO Drive Awards, GaadiWaadi Editors’ Choice Awards and Motorscribes Auto Awards is a meaningful milestone for VinFast as we accelerate our expansion in India. These awards reflect the growing confidence of the market in our long-term investment strategy, product capabilities, and vision for developing a comprehensive electric mobility ecosystem. We will continue to expand our presence and invest in manufacturing and services to deliver a world-class electric vehicle experience to customers across the country.”

Mr. Siddharth Vinayak Patankar, Editor, ACKO Drive, said, “The VinFast VF 7 convincingly meets the brief for a modern family SUV in India, and scored consistently high across all parameters: performance, comfort, efficiency, safety and value. This award underlines VinFast’s seriousness about the Indian market and the growing maturity of India’s midsize SUV segment.”

Mr. Gaurav Yadav, Editor, GaadiWaadi.com, said, “VinFast has showcased a clear and strategic understanding of the Indian EV market with the VF 6. The model has been intelligently priced and packaged to meet the expectations of value-conscious yet tech-savvy customers. With a competitive driving range, modern features and an overall well-rounded proposition, the VF 6 delivers a strong balance of affordability, innovation and everyday usability.”

Mr. Vikram Gour, Editor, Motorscribes, said, “A key differentiator for VinFast is its Tuticorin manufacturing facility, which is already operational and producing both the VF 6 and VF 7 locally. As this plant expands to include two-wheelers and buses, it is set to play a meaningful role in job creation and in strengthening the local manufacturing ecosystem. The VF 7 stood out for its striking design, robust build quality, impressive real-world range and a highly competitive price point, making it a compelling choice for Indian families seeking a comfortable, reliable and stylish electric SUV.”

As it accelerates operations in India, VinFast is building a comprehensive electric vehicle ecosystem encompassing manufacturing, retail, charging infrastructure, and after-sales services to deliver a seamless ownership experience. The foundation of this long-term strategy is VinFast’s 160-hectare manufacturing complex in Thoothukudi, Tamil Nadu, which is currently assembling premium SUV models VF 6 and VF 7 in its initial phase. The facility is planned to expand by an additional 200 hectares to support future electric bus and electric two-wheeler programs. In parallel, VinFast is working with banks and service partners in India to develop financing solutions, infrastructure, aftersales services, and a circular battery value chain, contributing to the advancement of green mobility in the world’s third-largest automotive market.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.

VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.

Learn more at: vinfastauto.in

India is at the center of VinFast’s new global strategy

At the center of that transformation stands VinFast. In October 2025 the company delivered 20,380 vehicles, raising its year-to-date total to 124,264 — a new monthly record and a milestone few expected from a brand barely a decade old. Its pivot to fully electric production began just over two years ago, yet it has already reshaped what Vietnamese consumers see as possible.

Government support for the green transition has eased the way, with electric vehicles exempt from registration fees until 2027. Yet much of the progress reflects the determination of Pham Nhat Vuong, Vingroup’s founder and VinFast’s driving force. His push for global expansion is seen as both national ambition and corporate vision. For Vuong, Vietnam’s industrial rise and VinFast’s success are inseparable, a sentiment he has repeated publicly, including his assertion that VinFast is a devotion project rather than a profit-seeking venture.

Demand, policy, and leadership have aligned, but not by accident. In Vietnam, that orchestration comes from Vingroup. Vuong began modestly, founding a small food company in Kharkiv, Ukraine, in 1993. After selling it, he returned home and built Vingroup into a powerhouse that today spans real estate, hospitality, healthcare, education, green energy, and advanced technology.

In 2024, Vingroup paid more than VND 56.2 trillion in taxes, making it Vietnam’s top private taxpayer. The group now spans Vinhomes, Vinmec, VinEnergo, VinUni, and a growing portfolio of technology subsidiaries working in robotics, AI, and mobility. It has reshaped skylines, raised healthcare standards, and expanded educational access. With VinFast, it is now challenging the boundaries of Vietnam’s industrial potential.

Underlying all of this is a single philosophy: to create a better life for people. In recent years, that principle has guided Vingroup’s broader pivot toward clean energy, digital systems, and sustainable mobility. Capital once tied to real estate has moved into renewables and transport, redefining Vingroup from property titan to champion of the energy transition.

Vingroup’s Arsenal for VinFast’s Ascent
VinFast’s success is built on more than its cars. Its real advantage lies in the infrastructure Vingroup has spent years assembling, land, energy, software, and logistics that work together as one. When these elements align, they reduce friction and form a foundation few competitors can easily copy.

Real estate provides the first advantage. Vinhomes properties double as host sites for charging stations, with many areas equipped with EV terminals. The advantage is clear, location control, captive users, and reduced permitting friction. Vingroup also uses its residential developments to promote sustainable habits, offering vouchers and parking incentives for VinFast car and scooter owners. In doing so, it turns residents into early adopters and advocates for electric mobility.

Technology is the second pillar. VinFast draws heavily on the group’s research centers, which developed innovations such as the ViVi 2.0 voice assistant and MirrorSense, an AI-based mirror-adjustment system recognized at CES 2024. These shared platforms strengthen VinFast’s in-house capabilities and keep the user experience consistent across products.

Energy supply forms the third layer. In 2025, VinEnergo agreed to provide nearly 50 million kWh of solar power and battery storage to VinFast’s Hai Phong complex, cutting carbon emissions by roughly 33,000 tons a year. Cleaner power not only lowers costs but also ensures each vehicle’s footprint stays small from factory-floor to highway.

Charging completes the loop. Established in 2024, V-Green, founded by Vuong himself, was created to build a worldwide charging network for VinFast and its partners. It has since expanded through cooperation in multiple Asian markets and continues to form the backbone of VinFast’s infrastructure rollouts overseas.

Each of these components reinforces the others. Real estate anchors the network. Technology improves usability. Renewable energy reduces costs and emissions. Together, they give VinFast the foundation to pursue long-term global goals rather than chase quarterly targets.

Exporting the Playbook: Global Ambitions and Soft-Power Gains
VinFast’s ambitions reach far beyond Vietnam. Nowhere is this more evident than in India, where the company is building not just a distribution footprint but a full-scale EV ecosystem tailored to one of the world’s fastest-growing automobile markets.

India is at the center of VinFast’s new global strategy. In February 2024, the company broke ground on its first India plant in Tamil Nadu, and by August 2025 it had officially inaugurated the facility in Thoothukudi. The site spans 400 acres with an initial capacity of 50,000 vehicles per year, scalable to 150,000, and is designed to serve both the domestic market and export routes.

VinFast has moved quickly to build customer-facing infrastructure. As of November 2025, the company already has 24 operational dealerships across key metropolitan and tier-one cities, with plans to reach 35 by the end of 2025. These showrooms introduce the premium VF 6 and VF 7, both of which have received strong early reception, including two major awards at the 2025 Jagran Hi-Tech Awards, where VinFast was named EV Manufacturer of the Year and the VF 7 received the EV Disruptor of the Year title.

Financing has also become a strategic pillar in India. In October 2025, VinFast signed a memorandum of understanding with YES BANK, India’s sixth-largest private-sector bank, to deliver retail and inventory-financing solutions for both customers and dealers. The partnership includes on-site bank representatives at every showroom, attractive interest rates, flexible repayment options, full on-road funding, and nationwide reach through YES BANK’s branch network. The aim of such a tie-up, not the first nor the last for VinFast India, is to lower barriers to EV ownership in a market where up-front cost remains a primary hesitation.

To address after-sales concerns, VinFast has partnered with service and charging-infrastructure providers including RoadGrid, myTVS, and Global Assure, creating a national maintenance and roadside-support backbone. It has also teamed up with BatX Energies to establish a circular battery-value chain and support advanced battery recycling, reinforcing India’s push toward sustainable electrification.

Charging infrastructure is expanding in parallel. V-Green is coordinating a multiyear plan to deploy a nationwide network in India similar to its rollout strategies in Vietnam and Indonesia. The objective is to ensure that the availability of public and semi-public charging keeps pace with the rising dealership footprint and the growth of VinFast’s fleet.

Each of these actions follows a consistent logic, combine manufacturing, charging, finance, and service under one coordinated framework, then scale. For VinFast, exporting cars is only part of the story. The larger aim is to export a vertically integrated mobility ecosystem, one that thrives where policy support, infrastructure rollout, and customer appetite align.

At home, Vietnam’s streets already show the results, quiet electric taxis replacing combustion fleets, chargers replacing fuel pumps, and consumers choosing local innovation over imports. Abroad, VinFast is applying the same playbook, pairing cars with infrastructure, financing, and service networks to make electric driving viable at scale.

But VinFast’s global push is not just about cars. It rests on the financial backing and broad ecosystem of Vingroup, and on Pham Nhat Vuong’s conviction that Vietnam can compete head-to-head with established automakers. His willingness to marshal resources across real estate, retail, energy, and technology has given VinFast the stability and integrated platform most young automakers lack. That combination, capital, ecosystem, and vision, is what sets VinFast apart.

VinFast factory in Hai Phong, Vietnam

Vuong came home after a decade in Eastern Europe that had turned instant noodles into a national staple and created thousands of stable jobs. He brought with him capital and confidence, but also a sharpened sense of what Vietnamese entrepreneurs could achieve on the global stage. The contrast between Kharkov’s busy factories and Hòn Tre’s silence could not have been greater. Many people dismissed the idea of developing the island at all, let alone building a luxury resort. Some said it would be like throwing money into the sea. But Vuong and his early team saw a blank canvas where others saw inhospitable terrain.

The project moved ahead. After eighteen months of construction, a five-star resort opened its doors. Its speed and scale signaled a new kind of ambition within Vietnam’s private sector. Then came the cable car, stretching 3.2 kilometers across the Nha Trang sea. For fifteen years, it held the title of the world’s longest over water cable car, an engineering achievement that few thought possible in Vietnam.

That first success gave rise to Vinpearl, which evolved into a nationwide network of resorts, entertainment complexes, golf courses and hospitality assets. Today, the brand had grown into an ecosystem of 57 facilities in 19 provinces and cities, anchoring some of Vietnam’s most sought after destinations. In October 2025, Vinpearl was recognized by Brand Finance as the strongest brand in Southeast Asia, a milestone that underscored how an audacious bet on an overlooked island became the foundation for the country’s leading tourism brand.

In hindsight, what rose on Hon Tre became the first clear expression of an instinct that would guide Vingroup for the next two decades, dare to dream big. Vingroup applied the same approach to each new sector it entered: choose a difficult challenge, execute with speed and build to world-class standards. That philosophy shaped its next frontier: Mobility.

VinFast Goes Global

VinFast emerged with the explicit goal of helping Vietnam build its own modern automotive industry. Vuong’s public statements made the motivation clear. “If it were only for money, Vingroup would not be foolish enough to make cars,” he said. In an interview, he called the venture a “devotion project”.

Domestically, VinFast quickly changed Vietnam’s mobility landscape. In the first nine months of 2025, it became the first carmaker in Vietnam’s history to surpass one hundred thousand electric vehicles sold, reaching a cumulative total of 103,884 units by the end of the third quarter. Its VF 3, VF 5, VF 6 and VF 7 models led electric vehicle sales in their respective segments. In October 2025, it set another unprecedented record by delivering more than 20,000 vehicles in a single month, raising the ten-month total to 124,264 cars nationwide and maintaining its position as the top automotive brand in Vietnam for twelve straight months.

International expansion followed a well-defined and customer-focused strategy. VinFast established a growing presence across North America, Europe and key markets such as Indonesia, the Philippines and the Middle East before moving into India. In India, by late October 2025, VinFast had 24 operational dealerships with a goal of 35 by year end. Each showroom was built to global retail standards and supported the launch of the premium VF 6 and VF 7 in the market. The Tamil Nadu plant, covering 400 acres, is designed for 50,000 vehicles per year in its first phase and scalable to 150,000. When fully operational, it is expected to create thousands of direct jobs and several thousand more across the supply chain.

To support the network, VinFast has stitched together one of the most diverse EV service partnerships now operating in India. Working with RoadGrid, myTVS, Castrol India, and Global Assure, the company has built a backbone for charging, maintenance, emergency support, and parts distribution.

VinFast also partnered with multiple Indian financial institutions such as Yes Bank, State Bank of India, HDFC Bank, etc. to deliver both dealer and retail financing, providing flexible repayment options, competitive interest rates and on-site customer support, a crucial step in accelerating India’s transition to electric mobility.

Recognition soon followed. In November 2025, VinFast India received two major honors at the Jagran Hi-Tech Awards: EV Manufacturer of the Year and EV Disruptor of the Year for the VF 7. The jury cited the company’s design capability, customer-centric model and strategic commitment to India’s growing EV ecosystem.

While VinFast advanced globally, Vingroup continued broadening its long term foundations. Two newly announced industrial directions, VinMetal and VinSpeed, reflect a deeper push to expand Vietnam’s technological and manufacturing capacity. VinMetal focuses on the metallurgical industry, supplying high-quality materials to meet the internal needs of the Vingroup ecosystem while contributing to the growth of heavy industry nationwide.

VinSpeed concentrates on high-speed railway transport and related industrial infrastructure, aiming to master advanced railway technology, lead a local supporting industry ecosystem and develop modern, efficient and environmentally friendly transport corridors, including proposed high-speed routes from Hanoi to Quang Ninh and from Ho Chi Minh City to Cần Giờ. Together, these initiatives signal Vingroup’s intent to build strategic industrial depth rather than rely solely on imported technologies.

The New Frontiers

In 2025, Vingroup also announced Culture as a new core pillar. The initiative spans talent development, film production and event organization, creating an ecosystem dedicated to preserving heritage, nurturing creative talent and elevating Vietnamese culture on the international stage.

The group’s newest large scale undertaking, Vinhomes Green Paradise in Cần Giờ, represents a shift from building cities to reimagining them. Set at the meeting point of forest and sea, the project is designed as an ESG++ megacity that blends ecological preservation, green mobility, renewable energy and AI-supported environmental monitoring. It is the first official candidate of the New7Wonders “Seven Wonders of the Future Cities” campaign, with the organization calling it a “rare jewel” and a symbol of Vietnam’s future facing vision.

For ordinary developers, this is the kind of project they would likely walk away from. Building Vinhomes Green Paradise means working beside a sensitive mangrove biosphere and navigating a coastal terrain shaped by tides and rising seas. It requires long term environmental care, careful engineering and investment that precedes any return. The ambition to bring forest, sea, green transit and low density living into one coherent plan goes well beyond standard development and reflects the same spirit that once transformed a barren island into a destination.

But Vingroup is no ordinary developer, and the methods it chooses to turn the Vinhomes Green Paradise vision into a sustainable, green reality extend far beyond standard practice. One example is its adoption of the K-DPM method, a technology originating from Japan that converts dredged mud into stable material while reducing emissions and protecting the mangrove ecosystem. Vingroup selected this approach despite its potentially higher cost, a choice that highlights its decision to place environmental safeguards above cheaper, easier alternatives.

The project has already shifted expectations of urban living among residents in Ho Chi Minh City. With cooler temperatures, lower pollution levels and direct high speed transit planned from Cần Giờ to the city center, Vinhomes Green Paradise is positioning itself as a future living destination where nature and modernity coexist in balance. New7Wonders leaders noted that it exemplifies the type of urban design humanity will need in an era defined by climate pressure and rapid urbanization.

Across all these chapters, from a barren island in 2001 to electric mobility, industrial expansion, cultural investment and regenerative urbanism, Vingroup has followed a consistent pattern. It chooses difficult opportunities early, commits to them fully and works until a new standard emerges.

Twenty years ago, few believed Hon Tre could become a resort destination. Ten years ago, few imagined a Vietnamese EV brand would lead its domestic market or expand into India and Europe. Today, a new vision is taking shape in Cần Giờ, challenging assumptions about what a sustainable megacity can be.

The through line is not a specific industry. It is a mindset grounded in confidence, discipline and service to a broader purpose. Vingroup’s story shows that “daring to dream big” can simply be a long practice of choosing the hard path, building capabilities patiently, and believing that Vietnam can reach further than expected.

VinFast introduced industry-leading warranties, up to 10 years or 200,000 kilometers

This rise has been rooted in three core pillars.

The first is high-quality vehicles, anchored in engineering discipline and global safety benchmarks. The second is inclusive pricing, a value-driven approach that pairs generous equipment levels with accessible pricing to make EV ownership realistic for more households without positioning itself as the cheapest option. And the third, now widely seen as VinFast’s differentiator, is exceptional aftersales policies, a system of customer care that has redefined what Vietnamese buyers expect from an automaker.

These three pillars did not simply help VinFast grow fast. They created a new standard for trust, transparency, and long-term support. And as VinFast moves into India, it is this same formula, especially the customer-first ethos, that is beginning to take shape again.

How VinFast reshaped TCO and aftersales expectations

For many Vietnamese consumers, an EV initially looked like a gamble. Would maintenance be complicated, would parts be available, and who would help if something went wrong on the road. And convincing Vietnamese drivers to switch from ICE to EV was never only about technology. It required changing long-held assumptions about maintenance, longevity, and the cost of ownership. VinFast’s strategy was simple: make the EV experience not only competitive with ICE, but clearly superior in the areas that matter most.

The first step was security. VinFast introduced industry-leading warranties, up to 10 years or 200,000 kilometers for the VF 7, VF 8, and VF 9, and 7 years or 160,000 kilometers for the VF 3, VF 5, and VF 6. These policies stretch two to three times longer than many petrol competitors and became a defining signal of confidence from the manufacturer.

But the decisive shift came through total cost of ownership, or put more simply, the everyday economics. Vietnamese drivers quickly discovered that EV maintenance costs were not just lower, but dramatically lower. For example, one owner reported that scheduled service for a VF 6 at 36,000 kilometers costs roughly 80 to 90 percent less than equivalent ICE vehicles. One comparison shared by a community fanpage noted that an ICE rival’s 20,000 kilometer service cost was nearly 14 times higher than that of a VinFast VF 6.

Energy savings amplified the difference. With VinFast offering free public charging at V-Green stations in Vietnam until June 2027, owners effectively eliminated their largest recurring cost. For many families, this amounted to a 100 percent reduction in energy spending, often equivalent to USD 700 to 900 per year, as one driver pointed out.

As of today, VinFast has built more than 300 service centers nationwide, forming one of Vietnam’s most extensive automotive support networks. Combined with 150,000 charging ports, this infrastructure removed anxieties about where to charge or maintain an EV and made electrification feel practical rather than experimental.

Yet physical infrastructure was only part of the equation. What truly strengthened public trust was how the company behaved when customers needed help the most. In real-world situations, both at the individual level and during broader disruptions, VinFast demonstrated a willingness to go beyond standard procedure.

India has only recently welcomed the VF 7, but local reviews already show favorable feedback

Early one October morning in Hanoi, automotive YouTuber Nguyen Thanh Hai, known to his followers as Hai Kar, packed his VinFast VF 7 and began an extraordinary journey. His plan is to drive from Vietnam to Africa, passing through thirty countries across Asia and Europe before reaching Morocco. The trip, expected to take several months, covers about fifty thousand kilometers. It is one of the first attempts by a Vietnamese driver to cross continents in a made in Vietnam electric car.

A car built for adaptation

Hai’s VF 7 is a standard production vehicle. Before setting off, he fitted a roof rack, rally tires and a tow cable, then added a few essentials such as charging adapters, a small generator and translation tools for unfamiliar regions. His car can travel more than four hundred kilometers on a full charge and has enough power to manage highways and mountain roads. A few weeks into the journey, he is now somewhere in China, heading west.

The VF 7 already attracts attention at home in Vietnam among long distance drivers. Owners who have traveled from Hanoi to Ca Mau praise its solid handling, smooth ride and consistent performance across varied terrain. Fast charging from near empty to seventy percent takes about half an hour, which turns long trips into a sequence of short breaks rather than slow, painful stops.

What makes Hai’s trip remarkable is how ordinary the car is. It was designed for daily life such as commuting, errands and short weekends, yet it is handling a route that stretches from Asia to Africa.

India’s early look at the VF 7

India has only recently welcomed the VF 7, but local reviews already show favorable feedback. One buyer in Lucknow, who is 6’4, cancelled his booking with another brand after realising the VF 7 simply felt better inside⁽¹⁾. Plus, both the vehicle and battery warranty is generous at 10 years or 2 lakh kilometres. He took delivery in Jaipur and drove the car home to Lucknow, and during that stretch he found the VF 7 steady at speed and easy to place when overtaking, while city crawling felt calm and predictable. "I am satisfied with the car", he said after crossing the one thousand kilometre mark, addng that he gave it "9.5 out of 10."

The VF7 arrives just as India’s charging network begins to expand for a larger EV audience. VinFast is preparing its own ecosystem alongside this, supported by partners in each key area, such as myTVS (authorised service centres), Global Assure (roadside assistance), and banks like SBI (financing for both customers and dealers). Together these pieces form a full EV ecosystem that covers finance, home and public charging, service coverage, and the other tools needed for day to day use.

What this means for Indian drivers

Once more chargers appear along the major national highways, long distance EV journeys will be much easier. A normal India trip such as Bengaluru to Goa or Delhi to Nainital could eventually feel as simple as Hai Kar recharging his VF 7 on his road to Africa. Drivers will stop for chai or lunch while the car picks up enough range to continue.

Hai’s journey continues to unfold across continents. Each update he posts is another tiny demonstration of how electric travel keeps expanding its reach. And for Indian drivers watching Hai Kar’s trip from afar, it hints at a future where a quiet, clean road trip from one state to another becomes an ordinary weekend plan rather than a brave experiment.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup includes a wide range of electric SUVs, e-scooters, and e-buses. The company is rapidly expanding its global distribution network and manufacturing capabilities with facilities in Vietnam, India, and planned operations in the United States.

The company's Thoothukudi facility in Tamil Nadu represents a $500 million investment and will produce 150,000 vehicles annually when fully operational, creating approximately 3,500 direct jobs.

Learn more at:vinfastauto.in.

Winners of the autoX ‘Best of 2025’ Awards: these are the 10 Best Machines of the Year

What is the autoX ‘Best of 2025’ Awards?
The annual autoX Mega Test brings together every major new car and motorcycle launched in India over the past twelve months. Each contender is tested to its limits — sometimes to near destruction — in pursuit of one goal: to identify the Ten-Best Machines of the Year.
The Top-Ten winners comprise five four-wheelers, three two-wheelers, and two special performance awards for the fastest car and bike around the short loop of the Buddh International Circuit. The results were unveiled at an exclusive ceremony at the Andaz Delhi in Aerocity, New Delhi.

How does autoX choose the ‘Best of 2025’?
Each contender is evaluated across a range of parameters — quality, comfort, ride, handling, refinement, design, drivetrain, practicality, and value for money — as well as X-factor, that intangible quality which stirs emotion and sets truly great machines apart. Additionally, a lap time at the short loop of the BIC offers a standard metric for measuring dynamic ability, encompassing power, stability, braking, and handling.

autoX’s approach remains transparent, objective, and scientific, with the scoring published in full to maintain complete credibility.

Who chooses the Best of 2025?

The autoX Awards jury, comprising some of India’s most experienced road testers with over a century of combined testing expertise, evaluates every vehicle independently across each criterion. The final scores are then averaged to eliminate bias, ensuring that only the most deserving machines make the cut.

Why the Buddh International Circuit?
The BIC provides a controlled and safe environment to push every contender to its absolute limit. It reveals the true engineering excellence — or lack thereof — beneath the surface. From supercars to scooters, every contender is subjected to the same uncompromising standards.

Dhruv Behl, Founder & Editor-in-Chief, autoX, said, “There are so many car and bike launches every year that it can be quite overwhelming. So, our aim with the autoX awards and the ‘Best of 2025’ mega test is to provide a list of the Ten-Best vehicles launched in the past year. And these cut across segments, so there’s something for everyone, from the best cars and bikes to scooters – with a definitive list of the Ten-Best.”

Here are the 10 autoX Award Winners:

Best of 2025: 4W Winners

• Volkswagen Golf GTI
• Mercedes-Benz E-Class 
• Škoda Kylaq
• Maruti Suzuki Victoris
• Mahindra XUV 9e

Best of 2025: 2W Winners

• TVS NTorq 150
• Honda CB 125 Hornet
• Royal Enfield Classic 650

Best of 2025: Performance Car of the Year 

• Audi RS Q8 Performance

Best of 2025: Performance Bike of the Year 

• Ducati Panigale V4 S

The autoX Awards 2025 were conducted in collaboration with:
Fuel Partner: Indian Oil XP100
EV Charging Partner: Jio-bp Pulse
Surveillance Partner: CP Plus
Tourism Partner: Tamil Nadu Tourism Development Corporation 
Banking Partner: Canara Bank
Technical Partner: BMC Air Filter
Hospitality Partner: Andaz Delhi 

For detailed results, lap times, and jury scores, visit the awards microsite: www.autox.com/awards

Follow autoX through its monthly magazine, which has recently celebrated its 19th anniversary, on it social media platforms, YouTube channel, as well as its fully revamped, cutting-edge website by clicking here. (www.autox.com)

With the VF 6 and VF 7, VinFast is offering range, safety features, and ownership support at pricing positioned for real Indian buyers rather than early adopters only

Electric vehicles are still gaining their footing in India, but awareness and adoption are steadily growing. Charging networks are expanding in major cities, more residential properties are beginning to support home charger installation, and manufacturers are taking steps toward local production. VinFast has joined this evolving landscape with the VF 6 and VF 7, two electric SUVs now being assembled at its Thoothukudi factory in Tamil Nadu. Both are designed for everyday Indian conditions, from daily urban travel to occasional highway trips, while offering comfort for families and regular commuters alike.

If you are thinking about buying your first EV, here are the key factors to evaluate, explained through what the VF 6 and VF 7 offer.

1. Start with Your Driving Pattern

Before considering any model, first calculate how many kilometers you realistically cover on weekdays and weekends. Pay attention to where you usually park and whether you can charge at home or depend on public charging. Choosing the wrong range for your use will either lead to unnecessary spending or frequent charging inconvenience.

If your routine involves daily trips through Bengaluru, Hyderabad, Pune, Mumbai, or Delhi, the VF 6 fits well as a compact urban electric SUV. It is equipped with a 59.6 kWh battery that delivers an ARAI-rated range of up to 468 km. This covers several days of commuting for typical users before needing a charge. The size also makes parking and maneuvering easier in crowded city roads.

For buyers who frequently travel between cities or prefer a roomier cabin, the VF 7 suits highway and family use. Depending on the variant, the VF 7 offers up to 532 km of ARAI-certified range with its larger 70.8 kWh battery. The spacious interior and longer wheelbase improve comfort on long-distance drives.

2. Understand Battery Chemistry and Warranty

Not all EV batteries age the same way. Heat resistance and charging patterns influence long-term battery health. A battery with stable thermal performance is generally better suited for India’s climate.

Both VinFast models use Lithium Iron Phosphate (LFP) batteries. This chemistry is known for thermal stability and long battery lifespan, an advantage under India’s high-heat conditions. VinFast backs its battery performance with a 10-year or 200,000 km warranty. This eliminates guesswork about long-term durability.

3. Charging Options Will Shape Your Experience

If you have a private parking slot, a home wall charger is the simplest setup. It fully charges the battery overnight and costs significantly less than petrol or diesel refueling.

For public charging, networks are expanding across malls, office zones, and highways. VinFast owners also benefit from free public charging at V-Green-operated stations until July 2028. This incentive substantially lowers running costs and makes long drives more predictable.

If you live in an apartment, confirm with the building association whether charger installation is allowed in your parking area.

4. Look Closely at Safety and Driver Assistance

Safety systems are not just comfort features. They help reduce the likelihood of collision in dense traffic and provide support on long drives.

Even the VF 6 base variants include ABS, electronic stability control, hill hold assist, seatbelt reminders, and driver airbags. Higher VF 6 trims add features such as adaptive cruise control, blind spot warning, rear cross traffic alert, lane keeping assist, and automatic emergency braking.

The VF 7 expands safety further in higher trims with a driver monitoring system, surround-view camera support, and additional airbags. These systems reduce fatigue on long trips and add protection on busy highways.

5. Test the Cabin, Screens, and Real Comfort

A test drive reveals how an EV feels to live with. The VF 6 offers a clean interior layout anchored around a 12.9-inch infotainment screen. Higher trims bring ventilated seats and dual-zone climate control, which help in summer conditions.

The VF 7 presents a more premium cabin with larger seating space and optional panoramic glass roof. The Sky variant adds dual motors and all-wheel drive, giving notably stronger performance for those who prioritise acceleration.

6. Confirm Service Access Before Buying

A vehicle is only as worry-free as its service network. Always check where the nearest service center is located and how easily spare parts can be sourced.

VinFast currently has 24 operational dealerships and showrooms across key Indian cities including Delhi, Gurugram, Noida, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Ahmedabad, Kolkata, Jaipur, Kochi, Visakhapatnam, and others. These locations support retail, servicing, and customer assistance.

This network is expanding toward a planned 35 showrooms and 120 extended service workshops by the end of 2025. The company has additional partnerships with RoadGrid, myTVS, Castrol India, and Global Assure for roadside support and service reliability.

7. Calculate Total Ownership Cost, Not Only the Sticker Price

Running costs are where EVs recover value. Home charging is significantly cheaper per kilometer than petrol or diesel. EVs also require fewer mechanical service tasks because there are no engine oil changes, timing belts, or exhaust systems.

The VF 6 starts at Rs. 16.49 lakh and the VF 7 starts at Rs. 20.89 lakh. With free charging until 2028 and three years of complimentary maintenance, both models specifically offer lower recurring costs in the first ownership cycle compared to many petrol or diesel SUVs in the same price segments.

Switching to an EV becomes straightforward when you match the vehicle to your daily needs, plan charging access early, and choose a brand that provides strong warranty and service structure. With the VF 6 and VF 7, VinFast is offering range, safety features, and ownership support at pricing positioned for real Indian buyers rather than early adopters only. This is where the transition to electric mobility becomes practical rather than experimental.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in

VinFast, Vietnam’s fast-rising electric vehicle manufacturer, is the product of a philosophy that predates it

In 2025, VinFast reached a milestone unprecedented in Vietnam’s automotive history: more than 100,000 vehicles delivered within nine months. For a company that only began producing cars in 2019, this achievement shows how quickly its name has earned public trust. Yet the company attributes its growth not to aggressive expansion but to attention—to listening, observing, and refining what customers truly need.

VinFast’s approach is built on three foundations: product quality, accessible pricing, and a service culture that removes ownership anxiety. From the earliest stage of development, engineers and planners ask a simple guiding question: how will this decision affect the customer’s experience? This mindset shapes everything from transparent pricing to home-charging readiness, from long warranties to rapid after-sales response. It reflects Vingroup’s broader belief that a company’s value lies in how it serves people, not just in what it sells.

To understand this thinking, it helps to look at the group’s founder, Pham Nhat Vuong. In the 1990s, before Vingroup became a household name in Vietnam, he started a small company called Technocom in Ukraine. The product was instant noodles—ordinary on the surface, but revolutionary in that market at the time. Vuong personally met customers, explained how to cook the noodles, and built relationships through direct, sincere contact. His aim was not simply to sell but to understand. The story became part of Vingroup’s corporate DNA.

When Vuong returned to Vietnam, this philosophy guided the birth and growth of Vingroup. Whether building hotels, hospitals, schools, or homes, the company’s pattern was always the same: study what customers need, learn how the best in the world serve those needs, and deliver something slightly better. Before launching Vinpearl, the company’s flagship resort chain, Vuong spent months visiting resorts in Thailand and Singapore, studying how they treated guests. The insights gathered on those trips informed Vinpearl’s design, making it more attuned to Vietnamese travelers.

This attentiveness naturally extended to VinFast. Seeing the global shift toward sustainability and the rise of electric mobility, Vingroup realized that Vietnam needed a domestic brand capable of competing internationally. VinFast was created to meet that challenge.

When VinFast began transitioning from gasoline to electric vehicles, many owners at the time worried about service and support. Instead of focusing solely on new customers, the company enhanced benefits for its existing users. It extended warranties on gasoline vehicles to ten years, increased spare parts inventory by half, and introduced mobile service options so owners could receive maintenance without leaving home. These measures reflected a broader truth about the company: it never abandons the people who believed in it first.

As VinFast expands internationally, it brings this same mindset to India. The company views India as a place where its values align with the needs of millions of drivers. Indian customers are increasingly conscious of sustainability and long-term value, but they also expect reliability, convenience, and strong local support. VinFast is working with Indian partners to establish a comprehensive EV ecosystem, including an assembly plant in Tamil Nadu, a growing nationwide network of showrooms, charging ports, and service centers…. Its focus is on affordability and accessibility, building electric mobility that fits into everyday life rather than standing apart from it.

The essence of Vingroup’s legacy is not rapid expansion or impressive numbers, though it has achieved both. It lies in an attitude: listening carefully, responding thoughtfully, and serving consistently. From instant noodles in Ukraine to electric cars in Vietnam and now to India’s fast-evolving EV market, the company’s path has been defined by empathy in action.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. 

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at: vinfastauto.in.

The October edition of the Shriram Mobility Bulletin reflects a strong rebound in India’s mobility ecosystem driven by festive consumption, rural freight activity, and accelerating electric vehicle adoption. Vehicle sales witnessed sharp month-on-month growth across categories, supported by pent-up demand and improved liquidity in the retail and transport ecosystem.

Truck rentals remained firm across key trunk routes in October. The Delhi–Mumbai–Delhi corridor saw the sharpest month-on-month increase at 1.9%, followed by Delhi–Hyderabad–Delhi up 1.0%, Bengaluru–Mumbai–Bengaluru and Kolkata–Guwahati–Kolkata both up 0.7%, Mumbai–Chennai–Mumbai up 0.6%, and Bengaluru–Kolkata–Bengaluru up 0.5%. Rentals on Delhi–Kolkata–Delhi and Delhi–Bengaluru–Delhi remained unchanged, while Delhi–Chennai–Delhi and Mumbai–Kolkata–Mumbai registered minor dips of 0.5% and 1.0%, respectively. On a year-on-year basis, truck rentals were higher by 2–10% across major corridors, led by Bengaluru–Mumbai–Bengaluru 10% YoY, followed by Delhi–Mumbai–Delhi, Delhi–Hyderabad–Delhi, Mumbai–Chennai–Mumbai, and Kolkata–Guwahati–Kolkata each up 9% YoY. Entry restrictions on non-BS VI vehicles into NCR continued to tighten fleet availability, while heavy rains in North India briefly disrupted truck movement even as the arrival of Kharif crops helped bolster freight demand.

Fuel consumption reflected a mixed trend. Petrol consumption rose 8% month-on-month and 7% year-on-year, driven by festive travel, while diesel consumption increased 12% MoM but remained marginally lower by 0.5% YoY due to reduced demand from agriculture and mining sectors.

FASTag collections saw a temporary dip month-on-month, with volumes declining by 3.8% and values by 4.4% to Rs. 6,450 crore, indicating some moderation in intercity freight movement. However, on a year-on-year basis, FASTag volumes and values grew 1% and 5%, respectively, signalling continued growth in toll-based transactions.

Vehicle retail sales recorded a broad-based recovery in October, with nearly all categories registering double-digit month-on-month growth. Goods carriers surged 58% MoM and 23% YoY, while three-wheeler (goods) and e-rickshaw sales rose 59% and 16% MoM, respectively, supported by last-mile delivery and urban logistics demand. Two-wheeler sales soared 144% MoM and 52% YoY as festive buying peaked. Passenger car sales also climbed 83% MoM and 11% YoY, reflecting strong consumer sentiment. Even traditionally cyclical segments like earth moving equipment and agricultural tractors saw month-on-month gains of 44% and 10%, respectively, highlighting the spillover from infrastructure and rural activity.

Electric vehicle (EV) sales were among the strongest ever, marking October as a record month across categories. E-2 wheelers jumped 40% MoM and 39% YoY, while E-3 wheelers grew 16% MoM and 324% YoY, reflecting continued traction in passenger and cargo EV adoption. EV motor cars rose 13% MoM and 158% YoY, underscoring the mainstreaming of electric mobility in both urban and semi-urban markets.

Mr. Y S Chakravarti, CEO and Managing Director, Shriram Finance Ltd. said, "Deepavali delivered exceptional results, with truck rental rates remaining firm and automotive sales across all categories achieving record highs. The focus now is on sustaining this momentum, although a moderation in vehicle demand is anticipated in the coming weeks.”

E-way bill generations maintained their upward trajectory, indicating robust movement of goods. Intra-state generations rose 2% MoM and 25% YoY to 8.58 crore, while inter-state e-way bills increased 6% MoM and 18% YoY to 4.62 crore. Transaction values grew 7% MoM and 19% YoY for intra-state and 8% MoM and 13% YoY for inter-state, signaling sustained consumption and supply chain recovery across sectors.

About Shriram Finance Limited
Shriram Finance Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Shriram Finance Limited is one of India’s largest retail asset financing Non-Banking Finance Companies (NBFC) with Assets under Management (AUM) above Rs. 2.81 trillion. Established in 1979, Shriram Finance is a holistic finance provider catering to the needs of Small Road Transport Operators and small business owners and is a leader in organised financing of pre-owned commercial vehicles and two wheelers. It has vertically integrated business model and offers financing number of products which include passenger commercial vehicles, loans to micro and small and medium enterprises (MSMEs), tractors & farm equipment, gold, personal loans and working capital loans etc. Over last 45 years, it has developed strong competencies in the areas of loan origination, valuation of pre-owned commercial vehicles and other assets, and collections. It has a pan India presence with network of 3,225 branches and an employee strength of 78,833 servicing to 96.64 lakhs of customers.

About Shriram Mobility Bulletin
Shriram Finance Limited, the flagship company of the Shriram Group, publishes the monthly Shriram Mobility Bulletin. The Shriram Mobility Bulletin aims to provide stakeholders with a picture of India's statistical data about the logistics and automobile sector through its nationwide network of fleet owners & vehicle dealers and analyses it to identify trends for its stakeholders.

Developed by VinFast, the country’s young automaker, in partnership with INKAS of Canada, the Lac Hong 900 LX is both a symbol of industrial maturity and a technological milestone

The car was unveiled during Vietnam’s 80th National Day celebrations in Hanoi. Two models stood at the center of the Vietnam Exposition Center - one pristine, the other scarred by testing. The second carried the marks of 440 live bullets and 11 controlled explosions, endured during testing at Germany’s Beschussamt Ulm facility. The results confirmed that the vehicle could withstand fire from military-grade rifles such as the AK-47 and M14, and survive detonations from DM51 grenades and mines placed beneath its floor and roof.

Underneath nearly five tons of armor, two electric motors deliver a combined 455 horsepower and propel the vehicle from zero to 100 kilometers per hour in under ten seconds. Despite the weight, the Lạc Hồng remains composed and quiet, its dual-motor layout providing balanced traction and stability. The run flat tires allow continued travel for up to 80 kilometers after being punctured, while optional systems, such as air filtration, automated fire suppression, satellite communication, and emergency sirens, enable the car to function as a true “mobile fortress.”

Meeting VR7 required more than adding armor. VinFast’s engineers redesigned the vehicle’s frame and battery enclosure to absorb shock without electrical failure, balancing structural rigidity and weight distribution through months of simulation and field testing.

Yet the Lac Hong 900 LX does not rely on technology alone. Its design carries deep cultural meaning. The grille pattern, inspired by Vietnam’s bamboo and Đông Sơn bronze drums, blends traditional motifs with modern geometry. A gold-plated Lạc bird, a national emblem, sits on the hood. Inside, Golden Nanmu wood, once used in imperial palaces, lines the cabin beside hand-stitched Nappa leather and 24-karat-gold-plated details. The rear lounge compartment, separated by a soundproof glass partition, features reclining seats with heating, cooling, and memory functions. Every surface, from air vents to door trims, reflects Vietnamese craftsmanship executed to international luxury standards.

Automotive experts in Vietnam regard the model as “a declaration of capability.” Achieving VPAM VR7 places VinFast’s creation alongside vehicles like the Mercedes-Maybach S600 Guard, BMW 7 Series Protection, and Cadillac One used by heads of state. According to Nguyễn Hoàng Lâm, a senior automotive safety researcher at the Vietnam Automobile Engineering Institute who has worked on crash-resistance and certification programs, this level of compliance “demands precision only certain manufacturers can achieve.”

The armored version is derived from VinFast’s VF 9 SUV platform but heavily modified: its chassis extended by 20 centimeters and the third row removed to create a spacious executive cabin. Every section of the body, including door frames and roof joints, was re-engineered for load-bearing armor. The electric motors were recalibrated to handle the increased mass, while the 123-kWh battery pack was reinforced to resist deformation and thermal shock.

Beyond performance, the Lac Hong 900 LX reflects Vietnam’s expanding industrial ecosystem. The collaboration with INKAS brought global expertise in composite armor, while VinFast’s automated plant in Hải Phòng supplied precision assembly under strict digital monitoring.

Twelve units - two armored and ten standard - have been delivered to Vietnam’s Ministry of Foreign Affairs for official duties, marking the first time international dignitaries are transported in domestically produced vehicles built to global protection standards.

To observers, the Lac Hong 900 LX signals Vietnam’s growing self-confidence in advanced manufacturing. In less than a decade, VinFast has evolved from newcomer to an automaker capable of meeting the world’s strictest ballistic and electronic-safety benchmarks.

The achievement also mirrors a regional shift. Across Asia, countries such as India and Indonesia are strengthening their domestic EV sectors. Vietnam’s success shows that with coordination, investment, and purpose, emerging economies can achieve technological parity faster than expected.

For VinFast, the armored EV is not an endpoint but a foundation. Its lessons in structural reinforcement, crash management, and secure energy storage will influence future consumer and commercial models. And by creating an armored electric vehicle that protects lives and reflects national identity, VinFast joins a rare group of Asian automakers shaping the next era of safe, sustainable mobility. 

As Hyundai’s trusted global partner for Genuine Parts and Accessories, Mobis India ensures that every product upholds uncompromising standards of Quality, Reliability, Durability, and Guaranteed Fit. The newly launched range combines protection, and contemporary design elements that perfectly complement the dynamic character of the all-new Hyundai Venue.

As a part of this new initiative Mobis India has unveiled an exclusive and unique Body Kit for the all-new Hyundai Venue comprising of five main accessories - specially designed to give the Venue a commanding and distinctive road presence. The kit includes:

• Front & Rear Bumper Extenders - Custom-fit, extenders engineered for a seamless integrated look which blends with original bumpers while adding a robust design addition element.

• Body Side Moulding - Acrylonitrile Butadiene Styrene (ABS)-moulded with a hyper-silver finish providing a sleek and a protective side profile enhancement with embossed Venue branding.

• C-Pillar Scoop - Engraved with a 3D wings motif, lends a robust SUV look.

• Twin Hood Scoop - Sporty 3D design with a dual finish - gloss black and dark chrome inserts featuring Venue branding for a bold and dynamic appearance.

Aligned with Mobis India’s philosophy of Innovation with responsibility and commitment to clean mobility, the newly launched Carpet Mat Premium is crafted from 100% recycled nylon. This eco-friendly material ensures long-lasting durability while supporting a sustainable future.

The Hyundai Venue Genuine Accessories collection spans all key categories of style, protection, comfort, and daily convenience.

Further adding to the styling and protection of the all new Venue, the range also includes: Door Edge Guard, Window Beading, Door Handle Chrome, Door Visor, Hood branding, ORVM Garnish, Side Step, Door Sill Guard and Rear Sill Guard.

Speaking about this, Mr. Myeong Jae Lee, Head of After Sales Parts Business Division at Mobis India Limited, said, “At Mobis India, our focus has always been on enhancing customer satisfaction through innovation, quality, and care. The new Hyundai Venue accessories, including the distinctive body kit and lifestyle range, are designed to make every journey more stylish, safe, and comfortable. In line with our commitment to sustainability, we are proud to introduce the ‘Carpet Mat Premium’, crafted entirely from 100% recycled nylon.”

Introducing Genuine Accessories styled for the all-new Hyundai VENUE

The complete range of Genuine Accessories for the all-new Hyundai Venue is now available at Hyundai Authorized Dealerships and Mobis Distributor Outlets across India.

About Mobis India 

Mobis India supplies After-sales Parts and Accessories, through a network of its own Parts Distribution Centres (PDCs) operating in various major Metropolitan cities and Hyundai Authorized Dealers/Mobis Authorized Distributors across PAN India.

Mobis India’s strength in the After-Sales Parts business lies in the strong bond between its fully integrated (forward & backward) supply chain solutions, vendor base, Pan-India Dealers & Distributors Network and its end customers. With its global expertise, Mobis India has upgraded the Dealers & Distributors network to a highly efficient and sustainable B2B network, with the aim to provide World-class Service quality to the Hyundai Customers.

For further information, please visit www.hyundaimobisin.com.

Motorcycle registered a growth of 16% with sales increasing from 230,822 units in October 2024 to 266,715 units in October 2025. Scooter registered a growth of 7% with sales increasing from 193,439 units in October 2024 to 205,919 units in October 2025. 

Electric Vehicle
EV registered a growth of 11% with sales increasing from 29,308 units in October 2024 to 32,387 units in October 2025. While the retails continue to be robust, magnet availability continue to pose challenges in the short to medium term. 

International Business
The Company's sales in international business registered a growth of 21% with sales increasing from 95,708 units in October 2024 to 115,806 units in October 2025. Two-wheeler sales grew by 18% increasing from 87,670 units in October 2024 to 103,519 units in October 2025.

Three-Wheeler
Three-wheeler registered a growth of 70% with sales increasing from 10,856 units in October 2024 to 18,407 units in October 2025.
 

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

(Right to left) Mr. Tapan Ghosh, CEO of VinFast India along with Mr. Santosh Dhone, Dealer Principal inaugurated VinFast Hadapsar & Baner, Pune

The newly inaugurated showrooms spread across impact cities offering customers an unmatched brand experience. Each outlet adheres to VinFast’s global retail standards, integrating modern design and car display area to ensure seamless and transparent customer engagement. These 24 showrooms are operational in cities including Delhi, Gurugram, Noida, Mumbai, Chennai, Bengaluru, Kolkata, Ahmedabad, Hyderabad, Surat, Pune, Vijayawada, Visakhapatnam, Nagpur, Agra, Ludhiana, Jaipur, Kochi, Bhubaneswar, Baroda, Rajkot reinforcing VinFast’s growing presence across India.

Speaking on the milestone, Mr. Tapan Ghosh, CEO, VinFast India, said “India’s enthusiasm for sustainable mobility motivates us to keep raising the bar. The rapid rollout of brand experience Showrooms underscores VinFast’s long-term commitment to the Indian market. We are working closely with our dealer partners to make VinFast products and services accessible to customers across the country. Our goal is not just to sell EVs, but to deliver an inspiring, customer-centric journey anchored in sustainability and innovation.”

With the recent launch of its premium electric SUVs, VF 6 and VF 7, in India, VinFast is simultaneously building a comprehensive ecosystem that integrates retail, charging, and after-sales services to ensure customers enjoy the same level of confidence, convenience, and care that defines its vehicles. The company has formed strategic partnerships with RoadGrid, myTVS, Castrol India and Global Assure to create a reliable nationwide framework for charging and after-sales services.

VinFast’s state-of-the-art factory in Thoothukudi, Tamil Nadu, stands as a cornerstone of its India growth strategy. Spanning 400 acres, in its first phase, the facility will assemble the VF 6 and VF 7 models with an initial capacity of 50,000 vehicles per year, scalable up to 150,000 units. Once fully operational, it will create 3,000–3,500 direct jobs and several thousand more in the wider supply chain strengthening Tamil Nadu’s emergence as a leading EV manufacturing hub in South Asia.

The company remains on track to operationalize all 35 dealerships by December 2025, establishing a strong nationwide network that provides widespread brand reach, reliable after-sales support, and a seamless ownership experience.

About VinFast

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’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in.

In the first three quarters of 2025 alone, VinFast sold more than 100,000 vehicles, a first in Vietnam’s automotive history

The move fits neatly into Vingroup’s five-pillar model: Industrials & Technology with VinFast and VinMetal; Real Estate & Services with Vinhomes and Vinpearl; Infrastructure through VinSpeed; Energy via VinEnergo; and Social Enterprises with Vinmec, Vinschool, and VinUni. Together they create a self-reinforcing system. When one grows, the others benefit.

This approach has turned Vingroup from a real estate developer into Vietnam’s largest private conglomerate. By mid-2025, its total assets had reached about 39 billion dollars with 5 billion in revenue in the first half of the year. Six of its flagship brands (Vinhomes, VinFast, Vinpearl, Vincom Retail, Vinschool, and Vinmec) now ranked among Vietnam’s 100 most valuable companies.

The roots of this ecosystem thinking go back to founder Pham Nhat Vuong. In the early 1990s, he started Technocom in Ukraine, producing instant noodles under the brand Mivina. Within a decade, the company dominated the market, and Vuong sold it with both wealth and experience. When he returned to Vietnam, he focused on building businesses that could transform his homeland. That idea grew into Vingroup, a group that now shapes everything from housing to hospitals. Its guiding belief has stayed simple: build systems that make life better for everyone.

Vuong’s strategy relies on control of the entire value chain. From steel and energy to education and healthcare, Vingroup keeps production, innovation, and social investment linked. VinMetal secures domestic materials. VinEnergo builds renewable power sources. VinSpeed develops logistics networks. Vinschool, VinUni, and Vinmec prepare skilled workers and improve public health. The cycle keeps value creation within Vietnam while preparing the country for global competition.

VinFast is the clearest example of how this strategy works. Its electric vehicle plant in Hai Phong went from empty land to full-scale production in just 21 months. Around the factory, a network of supporting companies grew quickly. V-Green builds charging stations, already more than 150,000 across Vietnam. Xanh SM runs electric taxis powered by that grid, turning clean transport into an everyday experience.

Inside Vingroup’s developments, residents can buy VinFast cars at a discounted rate, park them conveniently, and charge them for free. Engineers at the group’s tech labs developed ViVi, a Vietnamese voice assistant now found in VinFast cars. VinEnergo provides clean energy for the factories. VinMetal will soon supply the steel for the next generation of vehicles. VinRobotics designs automation systems for production. Each company contributes a piece of the puzzle.

In 2024, VinFast sold over 67,000 electric vehicles, making Vietnam one of the few markets where EVs outsold petrol cars. In the first three quarters of 2025 alone, VinFast sold more than 100,000 vehicles, a first in Vietnam’s automotive history. It remained the country’s best-selling brand for nearly a year. That scale and speed capture how Vingroup approaches industries it considers vital.

Recognition has followed. In 2025, TIME magazine named Vingroup one of the World’s Best Companies, the first Vietnamese firm to appear on the list. The honor reflected not only business results but also employee satisfaction and long-term vision.

At home, Vingroup continues to balance profit with purpose. Its Kind Heart Foundation funds healthcare, education, and disaster relief. When Typhoon Bualoi struck Vietnam in 2025, the group helped rebuild homes and support families. In 2024, Vingroup paid over 56 trillion VND in taxes, making it one of the country’s largest private contributors.

Now Vingroup wants to show that its model can work beyond Vietnam. Through VinFast, it is expanding into the Philippines, Indonesia, and India. Each market follows the same playbook: build the infrastructure first, then scale production and services. In India, VinFast is stepping into a market eager for EVs but still lacking a dependable charging network. Its plan includes an assembly plant in Tamil Nadu and charging capabilities developed with local and strategic partners, including V-Green and RoadGrid, to create a complete ecosystem.

For Indian readers, this story offers a glimpse of how an integrated industrial model can speed up growth in developing economies. Vingroup began by making noodles in Ukraine. Today it is shaping industries from steel to clean energy. Its expansion into India is more than business. It is an experiment in how countries like Vietnam and India can rise by building from within, one strong link at a time.