VinFast Expands in Smaller Indian Cities as EV Sales Grow Amid Low Market Share

Vietnamese EV maker VinFast is expanding its presence in India by targeting tier-3 and tier-4 cities alongside larger urban centers, planning to add 40 new showrooms this year and launch three new models, including a seven-seat electric MPV. Industry data shows electric car sales in India grew 77% in 2025 but still represent under 5% of total passenger vehicle sales. Analysts expect EV market share to reach 5-6% in 2026 amid infrastructure expansion and growing consumer adoption.