• Business
  • VinFast launches exchange scheme, old cars for its new SUVs

    Chennai, Feb 26 (.) Electric car maker VinFast has launched an exchange scheme whereby owners of Internal Combustion Engine (ICE) cars can exchange for its new VF6 and VF7 models backed with charging and service support. According to VinFast, owners of internal combustion cars are invited to trade in their vehicles and upgrade to a


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    Chennai, Feb 26 (.) Electric car maker VinFast has launched an exchange scheme whereby owners of Internal Combustion Engine (ICE) cars can exchange for its new VF6 and VF7 models backed with charging and service support.
    According to VinFast, owners of internal combustion cars are invited to trade in their vehicles and upgrade to a new VF 6 or VF 7, receiving special cash support alongside financing options arranged with partner banks.
    The idea is that by placing immediate financial value on the old car, VinFast lowers the psychological and economic barrier to EV entry, turning a sentimental goodbye into a financial calculation, a switch from fuel to the future.
    The offer includes exchange bonuses and structured payment plans designed to narrow the upfront gap between petrol and electric ownership.
    Buyers stepping into a VF 6 or VF 7 receive not only the vehicle, but also access to fast charging capability, advanced driver assistance systems, and connected features that are standard across the range.
    Both models have earned five-star safety ratings under Bharat NCAP, a detail that matters in a market increasingly attentive to crash standards, the company said.
    The exchange programme is a move VinFast borrows from its playbook in its home country, Vietnam, where such events often drew thousands of participants in a single day, with hundreds of vehicles traded on site.
    In India, VinFast has invested heavily in signing agreements with dealer groups across dozens of cities and partnering with service providers to establish a network of workshops designed to handle EV-specific repairs.
    Charging infrastructure is being expanded in collaboration with strategic partner V-Green and fuel retail partners, leveraging existing petrol station networks to host fast chargers, the company said.
    . VJ VAN ARN

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