VinFast Looks to Develop Ecosystem to Support its EVs

Vietnamese electric vehicle (EV) major VinFast last week started pre-booking of its models VF 7 and VF 6, which may go on sale in August after the inauguration of the company's plant in Tamil Nadu's Thoothukudi this month. Pham Sanh Chau, chief executive officer at VinFast Asia, in an email interview with Shine Jacob, talks about the company's India roadmap, plans to develop an EV ecosystem, and its openness to launch its full product lineup in the country, including two-wheelers. Edited excerpts:

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Tesla is launching its product. Similarly, BYD already has a foothold here. How are you seeing the competition from these global rivals? What is your strategy?

Aiming to convert internal combustion engine (ICE) users to EVs and accelerate the transition to electric mobility, we are committed to offering attractive policies and optimize total cost of ownership, making it easier for customers to access smart, high-quality EVs.

VinFast's strategy goes beyond merely selling electric vehicles. It aims to build a comprehensive ecosystem to support its products and accelerate the widespread adoption of electric mobility. This ecosystem is being developed in collaboration with strategic partners such as V-Green (charging network), GSM (electric taxi service), VinBus (bus route network service), and various local partners. It includes an extensive network of charging stations, electric taxi and e-bus platforms, and all-in-one service centres designed to enhance the ownership experience for customers.

The Indian market is still at a nascent stage with only 4 per cent penetration for EVs. What is your outlook for this market by 2030?