Vinfast aims to localize battery production in India.

Vinfast has clarified that they will be ramping up the battery localisation for its India operations and are having various discussions with several battery manufacturers for the same. 

This update has surfaced when the Vietnamese manufacturer is planning to expand its EV lineup across the country with three new anticipated launches in 2026, starting with a 7-seater MPV, the Limo Green. Vinfast is also planning to expand its dealership in 2026. 

Vinfast is targeting a 40% increase in localization.

Vinfast is currently having talks with various battery manufacturers in India, which also includes the Tata-Gotion joint venture, as they are looking for localisation of its EVs components for its vehicles in order to reduce the operational costs. 

The CEO of Vinfast Asia, Pham Sanh Chau expressed his views on this and said, “localisation is at the top priority for countries like India. He also added that since Vinfast did not join the FAME scheme, as they did not achieve a specific localisation level as set by the country, but we are still in talks with a local battery manufacturer.”

Chau also expressed further by saying that, “Currently, our localisation is around 15% and we are planning to take it to 40% soon. Once we have batteries, localisation will increase rapidly.”

However, Vinfast has not announced its supplier yet, but as said that discussions are going on with multiple suppliers, and soon there could be any developments.