VinFast India likely to begin innings with VF 5, VF e34 e-SUVs
VinFast, the Vietnamese EV maker, is likely to enter the Indian market with two completely built import models – a compact SUV and a crossover hatchback – in the second half of FY2025. Sources say the EV specialist will be applying for the new EV policy announced by the Government of India and avail the benefits of importing a couple of models.
- VinFast VF 5 likely to rival Tata Nexon EV, Mahindra XUV400
- VF e34 could compete with Tata Curvv EV, Hyundai Creta EV
- Local assembly to start in 2025 in Tamil Nadu
People in the know say that among its six EV-strong portfolio it has globally, the VF e34 and VF 5 EVs are two potential models, which may hit the roads in less than a year.
Despite being imported, they are likely to be priced aggressively. These models will challenge the likes of Tata Motors, MG Motor and Mahindra & Mahindra, who intend to build their own portfolio of models in the coming 12 months.
VinFast VF 5: potential Nexon EV rival
Also sold as the VF 5 Plus, this small electric SUV is a little smaller than the Tata Nexon EV (3,967x1,723x1,578mm compared to 3,994x1,811x1,616mm), and comes with a 37.23kWh battery pack that has an NEDC-certified range of 326km. The compact EV has a 136hp, 135Nm electric motor driving the front wheels, which is said to propel this 1,360kg car to 100kph in 10.9 seconds.
As mentioned above, the VinFast VF 5 is expected to be priced competitively, which could mean a price point close to the Nexon EV’s Rs 14.49 lakh-19.29 lakh (ex-showroom, India). The version sold abroad is equipped with a 7.0-inch digital driver display, an 8.0-inch touchscreen infotainment, six airbags and ADAS tech.
VinFast VF e34: could take on Curvv EV
VinFast’s VF e34 is a high-riding hatchback with SUV design cues – the 4.3-metre crossover could be a rival to the upcoming Tata Curvv EV, the Hyundai Creta EV and Maruti’s eVX. The VF e34 is powered by a 41.9kWh battery pack that powers a 150hp, 242Nm electric motor, and has an NEDC range of 318.6km. Its interior sports a larger 10-inch touchscreen and looks more premium with its dual-tone beige and black finish. Expect the VinFast VF e34 to be priced in the Rs 25 lakh-30 lakh region at launch.