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VinFast Enters Top 5 in India's Electric Four-Wheeler Sales, Challenging Incumbents

TL;DR

VinFast entered the top 5 in India's electric four-wheeler sales in mid-December 2025 with premium SUVs, posing a significant challenge to established players like Tata.ev and MG.

The electric four-wheeler market in India witnessed a notable shift in mid-December 2025, with Vietnamese automaker VinFast entering the top 5 sales rankings. New data indicates VinFast secured the #4 spot with 163 units sold, surpassing luxury brands like BMW and mass-market player Kia. While Tata.ev, MG, and Mahindra maintained their top three positions, VinFast's entry, primarily with premium SUVs, signals a significant warning to established players, especially as leaders experienced a slight cooling trend in sales.

VinFast's immediate impact in the premium segment is particularly noteworthy given its relatively recent entry and reliance on premium models (VF 6/VF 7) without a budget offering. Industry analysts suggest that once VinFast stabilizes its supply chain from its Tamil Nadu plant and potentially introduces mass-market models, the volume difference could shrink significantly, posing a direct threat to the market dominance of companies like Tata.ev, MG, and Mahindra.

Electric-green-mobilityIndustry-trendsMarket-insights-analysis

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