TL;DR
VinFast is rapidly entering India's electric two-wheeler market, signing LOIs with over 50 dealers to establish a retail network across 34 cities in 15 states.
Vietnamese electric vehicle manufacturer VinFast is significantly expanding its footprint in India's competitive electric two-wheeler market by establishing a dedicated nationwide retail network. The company recently formalized Letters of Intent (LOIs) with over 50 prospective electric two-wheeler dealer partners.
This strategic expansion is set to cover 34 cities across 15 states and territories, marking VinFast's initial focused distribution effort for electric two-wheelers in the country. The agreements were signed at VinFast's manufacturing facility in Hai Phong, Vietnam, on October 8, 2026, during a visit by the Indian dealership partners.
