VinFast India partners with HDFC Bank to deliver comprehensive EV financing solutions
VinFast Auto India, a subsidiary of Vietnamese electrict vehicle (EV) maker VinFast, has signed a Memorandum of Understanding (MoU) with HDFC Bank, one of India’s leading private sector banks, to provide auto and inventory financing for its exclusive dealer network.
The partnership, VinFast’s first with a banking institution in India, aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
The collaboration allows VinFast to leverage HDFC Bank’s extensive pan-India branch network and digital platforms to reach customers across urban and emerging markets alike. It also aligns with the company’s broader goal of accelerating the adoption of sustainable transportation solutions in India, one of the fastest-growing EV markets globally.
Pham Sanh Chau, CEO of VinFast Asia, said that the MoU marks a significant milestone in VinFast’s efforts to make electric mobility more inclusive, convenient, and future-ready for Indian consumers. Partnering with a trusted banking institution like HDFC Bank ensures that VinFast is not only delivering exceptional products and services, but also building the financial ecosystem necessary to support its customers and dealer partners at every step of the journey.
Arvind Vohra, Group Head – Retail Assets of HDFC Bank, said that as EV adoption accelerates, access to financing will be key to driving this transition.
The bank’s collaboration with VinFast will provide customers with convenient credit options for its premium EV lineup and reflects the bank’s broader commitment to helping customers achieve their green aspirations with ease, he said.
As VinFast gears up for the launch of its VF 6 and VF 7 models, this partnership highlights the company’s ongoing efforts to establish a strong and customer-focused footprint in India.
VinFast inaugurates EV assembly plant in India
VOV.VN - Leading Vietnamese electric vehicle (EV) maker VinFast officially inaugurated its EV assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India, on August 4, marking a significant milestone in its global expansion strategy.
