VinFast has introduced its latest initiative, the “Trade Gas for Electric” programme, offering new incentives for petrol vehicle owners to switch to electric vehicles (EVs) in India. The move is part of a broader strategy that combines exchange support, resale value guarantees, extended warranties, and service expansion to accelerate the adoption of electric mobility.
The programme, backed by Vingroup, VinFast’s parent company and Vietnam’s largest private conglomerate, provides an additional 3% discount on electric cars and 5% on electric scooters for customers exchanging petrol vehicles for VinFast EV models. The initiative is being rolled out simultaneously in India, Vietnam, Indonesia, and the Philippines, reflecting the group’s coordinated push to expand EV adoption in key emerging markets.
In India, the scheme builds on VinFast’s earlier exchange programmes, which offered customers trading older petrol or diesel cars up to Rs. 1.3 lakh for the VF 7 and up to Rs. 95,000 for the VF 6. Industry observers note that such structured exchange programmes align with typical Indian car buying patterns, easing the transition from petrol to electric vehicles.
VinFast’s product lineup in India currently features the VF 6 and VF 7 premium electric SUVs. The compact VF 6 comes with a 59.6 kWh battery, fast-charging capability (10–70% in approximately 25 minutes), and a certified driving range of up to 468 kilometres. The mid-size VF 7 offers multiple battery and drivetrain options. Both models recently earned the highest five-star rating under Bharat NCAP, India’s official vehicle safety assessment programme.
Alongside incentives and product quality, VinFast is focusing on service and infrastructure. Partnerships with service providers such as myTVS and RoadGrid aim to establish hundreds of extended service workshops nationwide. Retail presence is also expanding, with the company targeting growth from around 35 showrooms in 2025 to 75 by the end of 2026, particularly in Tier II cities and emerging markets.
To boost ownership confidence, VinFast has introduced the Value Assured buyback programme, guaranteeing resale value at a pre-determined percentage of the original price after several years of use. Vehicles also come with long-term warranties, integrated roadside assistance, and three years of free maintenance—coverage for the VF 7 extends up to ten years or 200,000 kilometres, and the VF 6 up to seven years or 160,000 kilometres, depending on the variant.
VinFast’s “Trade Gas for Electric” programme is a key component of a layered ecosystem designed to make the shift to electric mobility practical and attractive for Indian drivers, combining financial incentives, robust product offerings, and strong service support to encourage adoption.
