VinFast's new 'Trade Gas for Electric' programme offering additional discounts for customers switching from petrol vehicles to EVs across four Asian markets.
The brand's current and upcoming electric vehicle line-up in India, backed by a USD 500 million manufacturing facility.
Fuel prices across Asia have been climbing, and Vietnamese automaker VinFast has decided to make that frustration work in the customer's favour. The company officially launched a programme called 'Trade Gas for Electric' on March 10, 2026, which offers buyers an additional discount when they trade in an internal combustion engine vehicle for a VinFast electric car.
The initiative is active across four markets, namely India, Indonesia, Philippines, and Vietnam, and is a direct response to the financial pressure that rising fuel costs have placed on everyday motorists.
For electric cars, buyers can avail an extra 3 per cent discount under this programme. In markets where VinFast's two-wheeler products are available, the incentive on electric scooters goes up to 5 per cent.
Crucially, both discounts are stackable with any existing promotional offers already running in each market. The programme runs until March 31, 2026, with the possibility of extension depending on global fuel price movements. It is worth noting that the scooter benefit does not extend to India, as VinFast is yet to officially launch its two-wheeler arm in the country.
The Two Electric SUVs Indian Buyers Can Choose From Right Now
In India, VinFast presently retails two electric SUVs. The VF 6 sits between Rs. 17.29 lakh and Rs. 19.19 lakh (ex-showroom) and is powered by a 59.6 kWh battery.
Depending on the variant, the motor produces either 175 bhp/250 Nm or 201 bhp/310 Nm, with the base Earth trim claiming a range of 468 kilometres. The VF 7, priced from Rs. 21.89 lakh to Rs. 26.79 lakh (ex-showroom), steps things up considerably.
Its top AWD variants are powered by a 349 bhp motor producing 500 Nm of torque, paired with a 70.8 kWh battery pack. Both models have earned a five-star rating from Bharat NCAP, lending them a credibility that goes well beyond price competitiveness.
Two More VinFast Models Are Headed to India Before the Year Is Out
The brand's Indian ambitions do not stop there. The VF 3, a compact electric city car, and the Limo Green, an electric MPV, are both expected to arrive in India this year. Together, these additions would give VinFast a far broader presence across multiple price points.
A USD 500 Million Factory That Proves VinFast Is Here to Stay
Underpinning all of this is a serious commitment to local production. VinFast's assembly facility in Thoothukudi, Tamil Nadu, spans 400 acres and carries a total initial investment of USD 500 million over five years. It currently operates at an annual capacity of 50,000 vehicles, with plans in place to scale that up to 1,50,000 units as demand grows. That kind of infrastructure signals that this is not a brand dipping its toes into the Indian market. It is one that is building for the long term, and the 'Trade Gas for Electric' programme is very much a part of that larger strategy.
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