How Did VinFast Conquer India’s Market and Secure Two Major Awards Right After Launch?

Recently, VinFast India, a subsidiary of the Vietnamese electric vehicle manufacturer, was honored with the prestigious "Electric Vehicle Manufacturer of the Year" title at the Jagran Hi-Tech Awards 2025. Additionally, the company’s VF 7 model was recognized as the "Breakthrough Electric Vehicle of the Year."

0
98

This information was reported by ANI News, a leading multimedia news agency in South Asia.

According to ANI News, the Jagran Hi-Tech Awards is an event that brings together top experts and strategists in India. The awards are considered a reliable benchmark, recognizing achievements and innovations in the technology and automotive sectors in India. The two awards presented to VinFast highlight the significant strides made by the Vietnamese electric vehicle brand in the Indian market.

Mr. Lưu Thanh Tới, Director of VinFast India Plant, representing the company to receive the “Electric Vehicle Manufacturer of the Year” award. Photo: ANI News

Being honored as the “Electric Vehicle Manufacturer of the Year” underscores VinFast’s role in shaping the future of sustainable transportation in South Asia. These awards also reflect the recognition from the Indian expert community for VinFast and its VF 7 model.

In a short period, the Vietnamese automaker has become one of the most promising names in India’s highly competitive electric vehicle market. This success is a testament to the company’s long-term vision and commitment to providing high-quality, accessible electric vehicles to customers.

Mr. Phạm Sanh Châu, CEO of VinFast Asia, expressed the company’s honor in receiving these awards at the Jagran Hi-Tech Awards. The accolades reflect VinFast’s achievements in a short time in India.

He also extended gratitude to customers for their trust. The positive market response and growing confidence in the VF 6 and VF 7 electric SUVs confirm India’s readiness for the green mobility era.

VinFast VF7: India’s Breakthrough Electric Vehicle of the Year.

Mr. Châu emphasized that VinFast aims to build momentum by expanding its network, strengthening local operations, and delivering a premium electric vehicle experience to Indian customers.

Additionally, Mr. Arjit Garg, Automotive Editor at Jagran New Media, praised VinFast’s role in accelerating India’s electric vehicle transition. The company’s rapid advancements in technology, design, and sustainability position it as a global force shaping the future of electric mobility.

“VinFast is the only electric vehicle manufacturer to inaugurate a plant in Thoothukudi, Tamil Nadu this year. This demonstrates the brand’s significant progress in India’s mobility space, with a human-centric vision and long-term investment roadmap. Therefore, the titles ‘Electric Vehicle Manufacturer of the Year’ and ‘Breakthrough Electric Vehicle of the Year’ for the newly launched VF 7 are well-deserved,” Mr. Arjit Garg emphasized.

To enhance its operations in India, VinFast will continue to build and refine a comprehensive electric vehicle ecosystem. This ecosystem includes retail, charging, and after-sales services to ensure a seamless customer experience. With 24 operational dealerships in major cities, the company plans to expand to 35 dealerships by the end of 2025.

Central to this development is VinFast’s manufacturing and assembly facility in Thoothukudi, Tamil Nadu, spanning 400 acres (161.874 hectares). In the initial phase, the plant will assemble the VF 6 and VF 7 models with an initial capacity of 50,000 vehicles per year, scalable to 150,000 units.

VinFast is also forging strategic partnerships with leading banks and financial institutions in India to offer tailored financial solutions.

Furthermore, collaborations with infrastructure partners such as RoadGrid, myTVS, and Global Assure are contributing to the development of a charging network and after-sales services. The company has also partnered with BatX Energies for advanced battery recycling, creating a circular battery value chain and reinforcing its sustainability commitment.

You may also like

VinFast Leads ASEAN Electric Vehicle Market as Gasoline Car Sales Stall

Electric vehicle (EV) sales across Southeast Asia are surging, while traditional gasoline-powered cars are experiencing a decline. However, the pace of this transition varies significantly from one country to another.

VinFast’s Blockbuster Move: Could Its $3.5 Billion Debt Be Written Off?

VinFast’s Q3/2025 financial report submitted to the U.S. Securities and Exchange Commission (SEC) reveals significant multi-trillion dong contributions from Vingroup and billionaire Pham Nhat Vuong, aimed at bolstering the electric vehicle company’s growth.

Billionaire Pham Nhat Vuong Selects Two Homelands for Multi-Billion Dollar Projects Spanning Electric Vehicles, Ports, Steel, LNG, and Urban Developments

The hometowns of both his paternal and maternal families were the first locations chosen by billionaire Pham Nhat Vuong to establish VinFast’s manufacturing plants.

Where Are the Challenges? Vietnam’s Auto Market Poised to Shatter All Sales Records

In the first 10 months of the year, Vietnam’s automotive market achieved sales of over 454,000 vehicles, falling just 50,000 units short of the record-breaking figures seen in 2022.

VinFast Electric Motorcycles Surge Sixfold in Sales, Xanh SM Buys Just 1%: Phạm Nhật Vượng’s Strategic Move with Affordable Batteries, Ahead of Gasoline Vehicle Restrictions

Over the first three quarters of the year, the proportion of sales to related parties stood at 5%.