By Nandan Mandayam and Aditi Shah NEW DELHI (Reuters) - Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China's BYD,

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Vietnamese electric vehicle maker VinFast is set to enter the Indian market with two premium electric SUVs to compete with local and Chinese rivals. The company aims to contribute to India's climate goals and plans to invest $500 million in building a production facility and infrastructure over the next five years.

VinFast has taken covers off its VF6 and VF7 electric SUVs in India, marking the company's entry into the Indian market.

VinFast is currently evaluating whether to import the vehicles as completely built units (CBUs) or manufacture them locally during the initial phase. The company had committed $50

Vietnamese EV maker VinFast announces plans to launch its VF 7 and VF 6 SUVs in India later this year, aiming for the premium market segment. The company is also investing USD 500 million in a manufacturing facility in Tamil Nadu.

Vietnam’s electric vehicle maker VinFast Auto on Saturday said its two electric SUVs — VF 7 and VF 6 — will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential.

The VinFast VF 3, VF e34, VF 8 and VF 9 SUVs along with the e VF Wild pickup truck concept are being showcased at Auto Expo 2025. Tap for VinFast India at Bharat Mobility Expo 2025.

The VinFast VF 7 will serve in the premium electric SUV category, rivaling the upcoming BYD Sealion 7, as well as the Hyundai Ioniq 6 and Kia EV6

VinFast unveiled its first electric vehicles for the Indian market at the Auto Expo 2025: the VF 7 and VF 6. Both electric SUVs feature advanced ADAS and varying battery capacities and performance. With India as the first right-hand drive market,