The company has signed Letters of Intent (LOIs) with its first 50+ dealer partners across 15 states and territories in the country
Vinfast, the Vietnam-based pure EV brand, will begin sales of electric two-wheelers in India by the end of 2026 or early 2027. The company has signed Letters of Intent (LOIs) with its first 50+ dealer partners across 15 states and territories in the country. The signing ceremony took place at VinFast’s Manufacturing Complex in Hai Phong, as part of the Indian dealer partners’ visit and working program in Vietnam. The company entered the Indian market in 2025 with distribution, manufacturing and local assembly of electric cars.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, said: “India is one of the most important markets in VinFast’s global growth story, and this partnership reflects the scale of ambition we hold for the region. As we expand our presence across markets worldwide, India stands out for its scale, its growing demand for electric mobility, and the opportunity it offers to redefine mobility. This LOI signing demonstrates our long-term commitment to India, as well as our expectations and confidence in the vast scale and potential of the market.”
As per the agreement with dealer partners, Vinfast will be closely working with them to setup 50+ electric two-wheeler showrooms across 34 cities in 15 states and territories, including Delhi NCR, Rajasthan and Punjab in the North; Madhya Pradesh, Chhattisgarh and Uttar Pradesh in Central India; Maharashtra and Gujarat in the West; Karnataka, Telangana, Tamil Nadu, Kerala and Andhra Pradesh in the South; as well as West Bengal and Odisha in the East.
Needless to mention, these regions have large two-wheeler markets, and hence VinFast’s presence in these locations will create favorable conditions for the company to bring modern, economical and sustainable mobility solutions closer to local consumers. Prior to their visit to Vietnam, the dealer partners had already recognized VinFast’s brand reputation and diverse product portfolio.
After witnessing firsthand, the company’s manufacturing scale and production standards at its factory, as well as experiencing the strong presence of VinFast e-motorcycles in Vietnam, the partners became even more determined to accelerate the expansion of VinFast’s network in India. The signing of these LOIs marks a new phase in VinFast’s expansion in the Indian market, while also representing the company’s first dedicated distribution network for all-electric models in India.
With its large population and high mobility demand, India is currently the world’s largest two-wheeler market, with 21.41 million two-wheelers registered in fiscal year 2025-2026, of which electric vehicles accounted for only 6.54 percent. This figure highlights the significant room for further electrification of mobility in India.
