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The Independent UK
The Independent UK
National
Aniruddha Ghosal

Vietnam's VinFast to build a $2 billion EV plant in India as part of its global expansion

VinFast India Vietnam electric vehicle
Copyright 2022 The Associated Press. All rights reserved

Vietnamese automaker VinFast says it plans to spend up to $2 billion to build an electric vehicle factory in India, the world’s third-largest auto market by sales.

The factory in southern India’s Tamil Nadu state will be the company’s first foray into India and follows VinFast's launch of sales in the United States and other major markets.

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