VinFast India ties up with Shriram Finance for retail EV financing across urban and rural markets
VinFast India has signed an MoU with Shriram Finance to offer up to 100% on-road funding, attractive rates and flexible repayment for its EV buyers. The deal taps Shriram's pan-India urban, semi-urban and rural footprint to widen retail access ahead of VinFast's India launch.
What happened
VinFast India signed an MoU with Shriram Finance for retail EV financing, offering up to 100% on-road funding, attractive rates and flexible repayment,
Key facts
- 100% on-road funding
Why this matters
The MoU template signals VinFast prefers NBFC alliances over captive finance in India, opening parallel partnership windows for insurers, dealers and battery-as-a-service players.