
Why is VinFast in India ?
VinFast keeps presenting itself as a top player in India, but the actual picture looks different.
From what I’m seeing, VinFast is around #13 in India, while their social media communication often makes them look like #4. Also, a large share of their sales seems to be linked to their own taxi/fleet business. For example, in May, they sold around 1,200 units, roughly 850 were Limo Green, which they sold to themselves for taxi/fleet business
So the question is: why is VinFast really in India?
Right now, they don’t seem clearly ahead on:
Cost, Technology, Service network , Brand trust
India already has strong EV players like Tata, Mahindra, MG, BYD, Hyundai, Kia, Ola, Ather and others. Unless VinFast brings real cost advantage, better technology, or strong after-sales support, it is hard to see why Indian customers would choose them.
Maybe their real goal is not retail dominance, but fleet sales, Indian government and tax payers local manufacturing benefits to build vehicle soon outbound to other countries as India tax payers are giving almost nil land cost , electricity water benefits