VinFast to Enter India’s EV Scooter Market in 2026: Challenge for Ola, Ather and More

Vietnamese EV company VinFast is preparing to enter India’s electric scooter market by late 2026. With a $2 billion investment and a local production unit in Tamil Nadu, the company aims to offer Indian consumers advanced EV scooters, challenging Ola, Ather, TVS, and Bajaj.

VinFast to Launch Electric Scooters in India

VinFast, the Vietnamese electric vehicle brand, is planning to introduce its electric scooters in India. The company is currently evaluating which scooter models sold in Vietnam can be adapted for Indian roads and conditions. With its recent launches of electric cars VF 7 and VF 6 in India, VinFast aims to strengthen its presence in the country’s EV market by entering the two-wheeler segment.

Possible Scooter Models for India

VinFast has six scooter models available in Vietnam:

• Feliz

• Klara Neo

• Theon S

• Vero X

• Vento S

• Evo Grand

The final list of models for India will be decided after testing on Indian roads and climate conditions, so the launch may take some time.

Expected Launch Timeline – Late 2026

• VinFast states that testing for Indian conditions will take several months.

• The company is expected to launch its scooters in India by the end of 2026.

• Entry into the entry-level EV segment will open new avenues for VinFast in the country.

VinFast’s $2 Billion Investment and Tamil Nadu Production Plant

• VinFast plans a $2 billion (~₹16,000 crore) investment in India to expand its EV business.

• A production unit in Thoothukudi, Tamil Nadu, is already operational, with an initial capacity of 50,000 electric cars per year, expandable to 1.5 lakh units.

• The company has already invested $500 million (~₹4,000 crore) in the plant.

• Local production will help VinFast maintain competitive pricing in the Indian EV market.

Impact on India’s EV Two-Wheeler Market

• VinFast’s entry will increase competition for existing brands like Ola, Ather, TVS, and Bajaj.

• Customers will benefit from more options, advanced technology, and improved range.

• If VinFast’s scooters offer competitive pricing and powerful range, they could become game-changers in India’s EV market.

Strengthening VinFast’s Presence in India

• VinFast aims to establish India as a global EV hub.

• The launch of scooters will allow the company to expand its footprint and gain a significant share of India’s fast-growing EV segment.

• The company’s $2 billion investment and local production capabilities ensure a strong start and sustainable growth in the market.

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