VinFast India & Shriram Finance Partner for EV Financing

New Delhi, Jun 23 (PTI) Electric vehicle maker VinFast India on Tuesday said it has partnered with Shriram Finance Ltd for retail vehicle finance.

The two partners have signed a Memorandum of Understanding (MoU) for the purpose, VinFast India said in a statement.

"Through this partnership, prospective VinFast customers will benefit from Shriram Finance's tailored financing solutions, including up to 100 per cent on-road funding, attractive interest rates, and flexible repayment options across VinFast's product portfolio, designed to simplify EV ownership and accelerate adoption," it added.


The collaboration will also enable VinFast to leverage Shriram Finance's extensive pan-India presence, deep expertise in vehicle financing, and strong customer reach across urban, rural, and semi-urban markets.

"Our partnership with Shriram Finance reflects VinFast's continued focus on removing barriers to EV adoption by improving financing accessibility and enabling a smoother ownership experience for our customers across markets," VinFast India CEO Tapan Ghosh said.

Shriram Green Finance President & National Business Head Nandagopal R said,"This association reflects our shared vision to accelerate EV adoption and support the development of a stronger green mobility ecosystem across the country."