VinFast India Joins Hands With Shriram Finance for Easier EV Financing

By Jony Shekhawat | Published Date : June 25, 2026

VinFast India has partnered with Shriram Finance to offer flexible EV financing solutions, including up to 100% on-road funding, helping improve accessibility and support the wider adoption of electric mobility across India.

Jun 25, 2026 | 3 min read | Electric Vehicles

Buying an electric vehicle may soon become a little easier for Indian customers. VinFast India has signed an agreement with Shriram Finance Limited to help people buy VinFast vehicles. This will make it easier for people to buy VinFast vehicles without having to worry about how they will pay for them. The news comes as VinFast India is working to become a part of the market in India and get ready to sell VinFast electric trucks to more people.

Better Financing Options for Buyers

Table of Contents

1. Better Financing Options for Buyers

2. Reaching More Customers Across India

3. Shared Focus on Sustainable Mobility

4. Part of a Bigger Strategy

► Read More: Rajasthan Rolls Out First EKA Electric Buses Under PM e-Bus Sewa

As part of the agreement, customers purchasing VinFast vehicles will be able to access financing solutions offered by Shriram Finance. These include funding of up to 100% of the on-road price. They also offer repayment plans and attractive interest rates. Many buyers struggle with arranging finance. It is one of the hurdles. Easier loan options can make a difference. They help people consider switching to a truck. The loan options are important for people who want to buy an EV.

Reaching More Customers Across India

VinFast is also expected to benefit from Shriram Finance's large network spread across the country. The finance company has a lot of customers. It helps them through many branches in cities, towns and villages. This means VinFast can talk to customers who do not live in cities. People want cars that are better for the environment and this is not just for cars that people drive. In places, you can already see electric 3-wheelers on the roads and people are using them.

Shared Focus on Sustainable Mobility

The agreement was signed by Tapan Ghosh, CEO of VinFast India, and Nandagopal R., President and National Business Head of Shriram Green Finance. According to the companies, the partnership is focused on improving accessibility and supporting India's transition towards cleaner transportation. While vehicle technology is important, financing support is equally important if EV adoption is to grow at a faster pace for buses also.

Part of a Bigger Strategy

The announcement comes shortly after VinFast introduced the VF MPV 7 in India. Along with launching new products, the company has also been working on initiatives such as buyback programmes and resale support to make ownership more reassuring for customers.

Similar support systems could eventually encourage adoption in other EV categories, too. Demand for electric mini trucks is increasing in city logistics, while interest in electric trucks is also gradually growing among commercial operators. For now, the company seems focused on one simple goal — making EV ownership a little easier and more practical for Indian buyers. This financing tie-up is another step in that direction.

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Frequently Asked Questions on Commercial Vehicles

Q1. What is the average range of an electric pickup in India?

Ans. Most electric pickups currently offer a driving range between 180 km and 350 km on a full charge. The actual range depends on payload, driving conditions, terrain, and battery size.

Q2. What is the loading capacity of an electric commercial vehicle?

Ans. Electric commercial vehicles are available with payload capacities ranging from around 500 kg to over 2 tonnes. The loading capacity varies according to vehicle category and application requirements.

Q3. What is the price of an electric bus in India?

Ans. The price of an electric bus generally starts at around ₹80 lakh and can exceed ₹2 crore depending on battery capacity, seating configuration, range, and technology features.

Q4. How much can an electric pickup save on running costs compared to a diesel vehicle?

Ans. Electric pickups usually have significantly lower energy and maintenance costs. Depending on usage patterns and electricity rates, operators may save considerably on day-to-day running expenses compared to diesel-powered alternatives.

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