Vietnamese electric vehicle maker VinFast is stepping up its India play, viewing the country as a pivotal market in its global growth strategy. The company will add a seven-seater electric MPV, the Limo Green, to its lineup in February 2026 – its third model for India after the VF6 and VF7 launched in September.
“The next car that we are going to launch will be around February. It will be the 7-seater Limo Green,” VinFast Asia Chief Executive Officer Pham Sanh Chau said. The upcoming electric MPV will be positioned in the same premium band as the VF6 and VF7 and is likely to compete with models such as the Kia Carens Clavis EV and BYD eMax 7 in India’s growing family EV segment.
The launch marks another step in the company’s rapid scale-up in India, a market Chau has repeatedly described as critical for VinFast’s global ambitions. The Vietnamese automaker began selling the VF6 and VF7 in September and has since built a 26-dealer network. Chau has underlined that the company plans to launch new models every six months in India.
Limo Green will spearhead a wider expansion planned for 2026. Shortly after its launch, the company intends to introduce its ride-hailing service, Green and Smart Mobility (GSM), in the Indian market. GSM is owned by Vietnamese conglomerate Vingroup, specifically its Chairman Pham Nhat Vuong.
VinFast also intends to enter the electric two-wheeler market in the second quarter of FY26, bringing models from its existing portfolio—which includes the Evo, Feliz, Klara, and Vero – to compete with established Indian players such as TVS Motor, Bajaj Auto, Ather Energy, and Ola Electric.
“We believe that the Indian market has huge potential for electric two-wheelers. We have a plan to launch two-wheelers in India in 2026,” Chau said.
Alongside passenger vehicles and scooters, VinFast is preparing to introduce its electric buses in India by the middle of next year and is in discussions with state transport undertakings across Maharashtra, Tamil Nadu, Uttar Pradesh, Andhra Pradesh and Telangana. The buses, ranging from 6 to 12 metres, offer up to 260 km per charge.
VinFast has committed $2 billion of investment in India, including $500 million already deployed for its Tamil Nadu plant in Thoothukudi, which has an annual capacity of 50,000 vehicles. Unlike global competitor Tesla, which imports completely built units, VinFast is betting heavily on localisation.