How VinFast’s home-market playbook is driving early success in India

Even without GreenSM’s acquisitions, VinFast would remain India’s fifth largest electric vehicle manufacturer. With this, the trail behind fourth-placed Maruti Suzuki, which sold more than 6,300 electric vehicles in the same period, will increase from less than 1,000 units to over 2,000 units. From April to June, Vinfast’s monthly growth remained in the range of 8-18%, excluding sales to the commercial fleet. When commercial fleet sales are included, overall monthly growth increased to 69% in April, but normalized to a negative 1% in May and 11% in June.