- Additional discounts on trading in ICE vehicles for EVs
- Two eSUVs currently sold in India
Vietnamese automaker, Vinfast, has introduced a new ‘Trade Gas for Electric’ program, where it will provide up to 3 per cent additional discount on cars, and up to 5 per cent on scooters for buyers making a switch from ICE to EV. This move comes in the midst of rising fuel prices. The aforementioned discounts are relevant to markets in India, Indonesia, Philippines, and Vietnam. Note that scooter discounts do not apply to India, since Vinfast has not gone official with its two-wheeler arm here.
Vinfast currently retails two electric cars in India – the VF 6 and the VF 7 – of which the former competes in the sub-Rs. 20 lakh segment, while the latter is positioned to compete in the sub-Rs. 30 lakh bracket. Both eSUVs secured a five-star BNCAP rating.
The VF 6 is powered by a 210bhp/310Nm PMS motor paired with a 59.6kWh battery, rated to deliver a range of 468 kilometres, while the VF 7 is powered by a 348.4bhp/510bhp motor paired with a 70kWh battery. Additionally, models like the VF 3 (MG Comet rival) and the Limo Green (Kia Carens Clavis EV rival) are also set to reach Indian shores this year.
The Vietnamese automaker has laid out a solid strategy for the Indian market. Its Thoothukudi facility has an investment of USD 500 million, and an annual roll-out capacity of 1,50,000 units.
