Recently, the phenomenon of tail-sustained swaying of the 160[Formula: see text]km/h EMU in single-track tunnels has gained much attention, especially for the rear-powered vehicle. This phenomenon is investigated from the perspective of aerodynamic fluid–structure coupling vibration in this study. The aerodynamics simulation model of the train in tunnels and the multi-body dynamics model of the rear-powered vehicle were respectively established through the software of XFlow and Simpack, and then the fluid–structure coupling vibration was simulated by using real-time data dynamic exchange between the two models. Moreover, the carbody’s vibration acceleration and the aerodynamic loads acting on the carbody under various wheel–rail contact geometrical conditions were discussed. Finally, the train tail swaying in field was tested, and the dominant frequencies were analyzed. The results show that the periodic aerodynamic loads and the frequency locking effect caused by the coupled vibration are the main factors for ride comfort deterioration. The violent vibration caused by fluid–structure coupling is named vortex-induced vibration (VIV) in some industries such as bridge and submarine pipeline. For the vehicle in this work, with the decrease of equivalent conicity in wheel–rail contact, the amplitude of carbody swaying increases owing to the carbody hunting, which enhances the fluid–structure coupling vibration, and further deteriorates the ride comfort. The swaying of the carbody is dominated by the vehicle hunting frequency, and the improvement of vehicle lateral stability can weaken this phenomenon.