VinFast and YES BANK Collaborate to Drive India's Electric Vehicle Revolution
VinFast Auto India partners with YES BANK to offer retail and inventory financing for its dealers, enhancing EV access in India. This collaboration aims to provide favorable terms for dealers and customer benefits to accelerate EV adoption, aligning with India's shift towards sustainable transportation solutions.
VinFast Auto India has entered into a strategic partnership with YES BANK, marking a significant step in making electric vehicles more accessible across India. The agreement focuses on providing retail and inventory financing for VinFast’s exclusive dealer network, facilitating EV ownership with favorable terms.
YES BANK, India’s sixth-largest private sector bank, will offer financing solutions tailored to VinFast’s premium lineup, encompassing attractive interest rates and flexible repayment options. This collaboration seeks to make the transition to electric mobility smoother for both dealers and customers by leveraging YES BANK's extensive branch and digital network.
The partnership further aligns with VinFast’s expansion strategy, which includes a new assembly plant in Tamil Nadu, as the brand continues to solidify its presence in the fast-growing Indian EV market and promotes greener transportation solutions.