VinFast India inks Shriram Finance MoU for up to 100% on-road EV funding
VinFast India has tied up with Shriram Finance to offer tailored retail EV financing — including up to 100% on-road funding, flexible repayment and competitive rates — tapping the NBFC's pan-India urban, rural and semi-urban network to widen buyer access ahead of its India launch push.
What happened
VinFast India signed an MoU with Shriram Finance to offer tailored EV financing, including up to 100% on-road funding, flexible repayment and competitive rates,
Key facts
- 100% on-road funding
Why this matters
OEM–NBFC captive-style tie-ups are becoming table stakes for new EV entrants in India; expect peers to lock in exclusive financing partners or risk distribution disadvantage in semi-urban geographies.