Gurugram, September 17, 2025: VinFast Auto India, the Indian subsidiary of the global electric vehicle leader VinFast, has signed an important Memorandum of Understanding (MoU) with ICICI Bank, one of India’s leading private sector banks.
This partnership aims to offer customized auto and inventory financing solutions through VinFast’s exclusive dealer network, thereby facilitating the adoption of its newly launched VF 6 and VF 7 electric SUVs.
With this alliance, VinFast customers will benefit from personalized credit products that include 100% on-road financing, competitive interest rates, flexible repayment plans, and priority banking services available at all VinFast showrooms. Dedicated ICICI Bank representatives will be stationed in these showrooms to provide expert, on-the-spot financial assistance, making it easier for both urban and emerging market buyers to own an electric vehicle.
By leveraging ICICI Bank’s extensive branch network and advanced digital platforms, VinFast aims to establish a strong presence in India’s rapidly growing electric mobility markets. This collaboration is in line with VinFast’s mission to accelerate the nation’s transition to clean transportation by making EV ownership accessible, affordable, and hassle-free.
Pham Sanh Chau, CEO of VinFast Asia, stated, “Owning an electric vehicle should be an exciting and seamless experience. Accessible financing is essential to making EVs a reality. Our partnership with ICICI Bank empowers our customers with flexible financing options and provides our dealers with the resources necessary for growth. Our goal is to deliver value beyond the initial purchase—ushering in a cleaner, more convenient, and inclusive era of mobility.”In support of this vision, Munish Gaur, Product Head – Vehicles at ICICI Bank, commented, “Financing is crucial for the electric vehicle revolution in India. Our partnership with VinFast enhances our commitment to offer customers seamless credit solutions tailored for premium EVs, helping them realize their green aspirations quickly and easily.”
The signing of this MoU comes as VinFast expands its presence in India with the launches of the VF 6 and VF 7, as well as the recent opening of its state-of-the-art EV assembly plant in Tamil Nadu—strategically positioned to serve key domestic and international markets.
This financial partnership represents a significant step in VinFast’s efforts to become a leading player in India’s electric vehicle ecosystem, reinforcing its customer-centric approach and long-term growth strategy.
