New Delhi, Oct. 9 -- Vietnamese electric vehicle maker VinFast is moving closer to launching its electric scooters in India after signing letters of intent (LoIs) with more than 50 dealer partners. The network is scheduled to expand to 34 cities in 15 states and Union Territories, a move that would take the company's EV business to the next level after it started operations in India in 2025. The company has yet to reveal an official launch date, scooter models or prices.

The new dealerships will handle VinFast's upcoming launch in India's electric two-wheeler segment, where industry players are already selling scooters across various price segments. It is also in the process of developing charging infrastructure and after-sales services ...