India · Updated 8 Oct, 06:04 pm IST
VinFast signs LOIs for over 50 electric two‑wheeler showrooms in India
Why it matters for readers: It matters because more showrooms mean easier access to new electric scooters and could push prices and choices for buyers.
- VinFast's two-wheeler division signed its first set of Letters of Intent with more than 50 dealers in India.1
- The company plans to set up more than 50 two-wheeler showrooms across 34 cities in 15 states and Union Territories.1
- Planned showroom locations include Delhi‑NCR, Rajasthan, Punjab, Madhya Pradesh, Chhattisgarh, Uttar Pradesh, Maharashtra, Gujarat, and states in the South and East.1
- Vo Thi Cam Tu, managing director of VinFast E‑Scooters Overseas Market, said India is an important market in VinFast's global growth story.1
- VinFast's entry is expected to increase competition in India's electric scooter market.1
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