VinFast India partners with Shriram Finance to strengthen EV financing accessibility

VinFast India, the Indian arm of global EV maker VinFast, has entered into a memorandum of understanding with Shriram Finance Ltd, a leading retail NBFC, to improve consumer financing access and promote broader electric mobility adoption nationwide.

As part of the agreement, prospective VinFast buyers can avail Shriram Finance’s customized financing options—up to 100% on‑road funding, competitive interest rates, and flexible repayment terms across the VinFast lineup—aimed at easing EV ownership and speeding up uptake.

The tie‑up will let VinFast tap Shriram Finance’s nationwide network, deep vehicle‑finance know‑how, and broad reach in urban, rural, and semi‑urban areas, according to an auto‑major statement.

Tapan Ghosh, CEO of VinFast India, stated, “India’s shift to electric mobility depends not only on robust vehicles but also on a supportive ecosystem. Our collaboration with Shriram Finance underscores VinFast’s ongoing effort to dismantle EV‑adoption barriers by enhancing financing access and delivering a smoother ownership journey for customers nationwide.”

R Nandagopal, President & National Business Head – Shriram Green Finance, commented, “We welcome the collaboration with VinFast via this strategic MoU, an important stride toward bolstering sustainable mobility in India. The partnership embodies our joint vision to speed up EV uptake and nurture a stronger green‑mobility ecosystem throughout the nation.”

Published on June 23, 2026