VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a Memorandum of Understanding with Shriram Finance Ltd, a leading retail NBFCs, to enhance consumers’ access to financing solutions and support the wider adoption of electric mobility in the country.

Through this partnership, prospective VinFast customers will benefit from Shriram Finance’s tailored financing solutions, including up to 100 per cent on-road funding, attractive interest rates, and flexible repayment options across VinFast’s product portfolio, designed to simplify EV ownership and accelerate adoption.

The collaboration will also enable VinFast to leverage Shriram Finance’s extensive pan-India presence, deep expertise in vehicle financing, and strong customer reach across urban, rural, and semi-urban markets, says a release from the auto major.

Tapan Ghosh, CEO, VinFast India, said, “India’s transition to electric mobility will be shaped not just by strong products, but by the strength of the ecosystem that supports them. Our partnership with Shriram Finance reflects VinFast’s continued focus on removing barriers to EV adoption by improving financing accessibility and enabling a smoother ownership experience for our customers across markets”

Commenting on the partnership, R Nandagopal, President & National Business Head – Shriram Green Finance, said, “We are pleased to collaborate with VinFast through this strategic MOU, which marks an important step towards strengthening sustainable mobility solutions in India. This association reflects our shared vision to accelerate EV adoption and support the development of a stronger green mobility ecosystem across the country.”

Published on June 23, 2026