VinFast rolls out exchange programme to accelerate EV adoption in India

India’s shift toward electric mobility is no longer confined to policy discussions. It is visible in expanding charging networks, state incentives and growing consumer interest. Against this backdrop, VinFast is positioning itself as an active participant in the country’s EV transition. In just over a year, the Vietnamese EV maker has established local assembly in Tamil Nadu and introduced its VinFast VF 6 and VinFast VF 7 to Indian buyers. Now, the company has launched a new exchange programme aimed at accelerating adoption by targeting existing petrol car owners. Under the scheme, customers can trade in their internal combustion vehicles and upgrade to a VF 6 or VF 7, receiving exchange bonuses and structured financing options through partner banks. The goal is to reduce the upfront cost gap between petrol and electric ownership while simplifying the decision-making process. The VF 6 is equipped with a 59.6 kWh battery and offers up to 468 km of MIDC-certified range, with DC fast charging from 10% to 70% in around 25 minutes. The VF 7 offers higher performance variants and a similarly comprehensive safety and feature package. Both models carry five-star Bharat NCAP safety ratings. Beyond the vehicles themselves, VinFast is investing in the broader EV ecosystem. The company has partnered with dealer groups across multiple cities, expanded service infrastructure for EV-specific repairs and collaborated with charging partners such as V-Green to strengthen public charging availability. Financial incentives, extended warranties of up to 10 years, complimentary maintenance packages and free charging periods are also part of the ownership package. The exchange initiative mirrors a strategy previously implemented in Vietnam, where large-scale exchange events helped convert petrol car owners to EV customers. In India, VinFast appears to be following a similar playbook — replacing one petrol vehicle at a time with an electric alternative, supported by charging, service and financing infrastructure. With local manufacturing at its Thoothukudi plant and plans to scale further, VinFast is positioning its exchange programme as a practical step toward mainstream EV adoption in India.