Within just four months of entering the market, VinFast has sold over 1,000 electric vehicles, catapulting itself into the fourth position among India’s top electric vehicle brands, trailing only Tata Motors, JSW MG Motor, and Mahindra Electric. This remarkable achievement marks a significant debut for the Vietnamese automaker in one of the most competitive electric vehicle markets globally.
VinFast commenced operations in September 2025 with two electric SUV models, the VF6 and VF7. By December 2025, the company had sold approximately 830 vehicles, surpassing the 1,000-unit milestone in January 2026. Notably, in December 2025 alone, VinFast recorded its highest monthly sales of 375 units, outperforming established brands such as Hyundai (262 units), Kia (313 units), BMW (343 units), and Mercedes-Benz (237 units).
This success is particularly impressive given that VinFast offers only two models, whereas its competitors boast extensive product lines and well-established distribution networks. This underscores the Vietnamese brand’s rapid market penetration capabilities.
Electric vehicle sales by brand in India, December 2025.
Currently, VinFast offers the compact electric SUV VF6, priced at 17.29 lakh Rupees, and the mid-size electric SUV VF7, starting at 21.89 lakh Rupees. These prices position both models within the 16–25 lakh Rupee segment, the most dynamic segment in the passenger electric vehicle market, bridging the gap between affordable electric vehicles and premium imported models. This segment has been a significant driver of personal electric vehicle purchases in recent years.
One of VinFast’s key advantages is its local assembly facility in Thoothukudi, Tamil Nadu. With an initial capacity of 50,000 vehicles per year, scalable to 150,000, this plant is VinFast’s third global manufacturing hub. Local assembly reduces import taxes, enabling the company to maintain competitive pricing compared to international brands reliant on fully imported vehicles.
In parallel with production, VinFast has accelerated the development of its distribution and after-sales service network. Within four months, the company has established over 25 dealerships and more than 80 service centers across multiple cities. This rapid expansion outpaces many new entrants in the electric vehicle market, reflecting VinFast’s robust investment strategy from the outset. Additionally, the company is focusing on expanding charging infrastructure to address one of the primary barriers to electric vehicle adoption.
The overall electric vehicle market is experiencing robust growth, with 2025 sales reaching approximately 176,000 units, more than doubling since 2023. However, sales remain concentrated among the top three manufacturers: Tata Motors, JSW MG Motor, and Mahindra Electric. VinFast’s rapid ascent into the top tier is a positive indicator but also presents challenges in sustaining growth.
Analysts attribute VinFast’s initial success to three key factors: local production, rapid expansion of sales and service networks, and strategic product positioning within the price segment. However, competition is expected to intensify with upcoming launches, such as Maruti Suzuki’s eVitara and Toyota’s Urban Cruiser EV in January 2026.
Source: Cartoq
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