Vingroup Announces 'Trade Gas For Electric' Program On VinFast Cars With Discounts Globally Including India

Vingroup has unveiled a fresh initiative designed to encourage a shift from traditional fuel vehicles to electric mobility across several Asian markets. The campaign, branded as "Trade Gas for Electric," is being rolled out simultaneously in Vietnam, India, Indonesia, and the Philippines. At its core, the program rewards customers who replace their old petrol-powered vehicles with new VinFast electric models. Buyers opting for cars receive an additional three percent price reduction, while those choosing scooters enjoy a five percent discount. These incentives are layered on top of existing offers, making the switch to electric more financially appealing.

The announcement comes at a time when global fuel prices remain unpredictable, and the company is positioning itself as a leader in sustainable transport solutions. Alongside the vehicle discounts, Vingroup's mobility arm - GSM Green and Smart Mobility - has introduced fare reductions for its electric ride-hailing services. Between March 11 and March 31, 2026, customers using Xanh SM in Vietnam and Green SM in Indonesia will benefit from a ten percent cut in fares. This move not only makes electric commuting more affordable but also highlights the company's commitment to expanding eco-friendly transport options.

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The program is designed to be flexible, with the possibility of extension depending on how international fuel markets evolve. By combining direct consumer incentives with lower operating costs for shared mobility services, Vingroup is aiming to accelerate adoption of electric vehicles while easing the financial burden on customers. The initiative reflects the company's broader vision of reducing reliance on fossil fuels, promoting cleaner alternatives, and building a sustainable ecosystem for personal and shared mobility.

The special "Trade Gas for Electric" program will be implemented in parallel with and combined with other available incentive programs in each market. Through layered incentives, Vingroup and companies within its ecosystem aim to create favorable conditions for customers to transition quickly to electric vehicles, reduce dependence on gasoline, stabilize daily life, and contribute to building a cleaner and more civilized living environment.

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Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The special 'Trade Gas for Electric' program launched in March across four key markets is VinFast's timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world. As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup's green ecosystem aims to help reduce the impact of fuel prices on people's daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”