New Programme Encourages Petrol Car Owners to Trade Up for VF 6 and VF 7 Electric SUVs With Incentives
Vietnamese electric vehicle maker VinFast has launched an innovative petrol-to-EV exchange scheme in India designed to accelerate the transition from internal combustion engine (ICE) cars to electric mobility. The programme allows owners of ageing petrol or diesel vehicles to trade in their old cars and upgrade to one of VinFast’s locally assembled electric SUVs the VF 6 and VF 7 with attractive exchange support and financing options.
The move is part of VinFast’s broader strategy to deepen its footprint in India’s rapidly growing EV market, complementing local assembly operations in Tamil Nadu and expanded charging and service networks. By offering financial incentives and structured plans, the company hopes to lower the economic hurdles that often deter buyers from switching to electric vehicles.
How the Exchange Programme Works
Under the new exchange initiative, owners of petrol or diesel cars can bring their vehicles to participating VinFast dealerships and receive a cash exchange benefit and special financing deals when they purchase a VF 6 or VF 7 electric SUV. The programme is structured to help narrow the upfront cost gap between conventional cars and fully electric models.
Partner banks are also offering customised finance options to further ease the financial transition, making it more convenient for customers to upgrade their vehicles without a significant increase in monthly payments. This package includes exchange bonuses and structured payment plans aimed at making EV ownership more accessible.
Industry reports note that benefits of up to ₹1.30 lakh are available on the VF 6 and VF 7 in exchange for older petrol or diesel cars, enhancing the overall value proposition for buyers.
About the VF 6 and VF 7 Electric SUVs
The VinFast VF 6 and VinFast VF 7 are the brand’s flagship electric SUVs currently offered in the Indian market. Both models are locally assembled at the company’s Tamil Nadu facility, part of a larger manufacturing investment aimed at serving domestic demand and establishing VinFast as a serious competitor in India’s EV segment.
The VF 6 is powered by a 59.6 kWh battery pack and delivers a claimed range of up to 468 km under MIDC test conditions, alongside DC fast-charging capability that can recharge the battery from 10 per cent to 70 per cent in about 25 minutes under suitable conditions.
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Meanwhile, the VF 7 offered in higher output variants features a larger battery and enhanced performance, alongside a suite of modern safety, connected car features, and advanced driver assistance systems. Both models have earned five-star safety ratings under Bharat NCAP, a key consideration for safety-conscious buyers in the Indian market.
Supporting Infrastructure and After-Sales Ecosystem
VinFast’s exchange programme is backed by investments in charging and service infrastructure to ensure a seamless ownership experience. The company has established partnerships with service providers and dealer networks across multiple cities to offer dedicated EV workshops and support facilities tailored to electric vehicle maintenance.
Additionally, VinFast is collaborating with partners like V-Green and fuel retail chains to deploy fast-charging stations at strategic locations, including petrol stations and urban hubs. This dual-pronged approach seeks to address two major barriers to EV adoption charging accessibility and after-sales confidence simultaneously.
The exchange programme, combined with expanded charging infrastructure and extended warranty support of up to 10 years, is intended to provide customers with peace of mind and reduce the perceived risks associated with switching to electric vehicles.
Strategic Push to Expand EV Adoption
India’s transition to electric mobility has gathered pace in recent years, driven by supportive policy frameworks, growing consumer awareness of environmental issues, and a widening portfolio of EV models from both domestic and global players. However, lingering concerns about cost barriers, resale value, and range anxiety continue to slow mass adoption.
VinFast’s exchange initiative directly targets these challenges by providing tangible economic incentives and structured ownership benefits that make EVs a more compelling alternative to aging petrol cars. By placing immediate financial value on traded-in vehicles and offering tailored finance plans, the programme seeks to transform the decision to go electric from a leap of faith into a straightforward financial choice.
Industry analysts suggest such initiatives could significantly accelerate EV penetration in India, particularly among buyers who might otherwise delay or bypass electric vehicles due to price concerns.
Market Potential and Future Outlook
With the introduction of the exchange scheme, VinFast is not only strengthening its market position but also contributing to India’s broader clean mobility goals by encouraging more vehicle owners to embrace electric technology. As EV adoption continues to grow nationwide and Indian consumers increasingly prioritise sustainability and low running costs, strategic incentives like this could play a decisive role in shaping future buying behaviour.
As the EV ecosystem matures, approaches that combine financial incentives, robust infrastructure, and customer-centric support are likely to become an integral part of the industry’s playbook, helping India transition swiftly toward a greener automotive future.
