VinFast to break ground for integrated electric vehicle facility in India
Vietnamese electric vehicle (EV) maker VinFast said on February 21 that it will break ground for its integrated electric vehicle (EV) manufacturing site in Thoothukudi city, India’s Tamil Nadu state, on February 25.
VinFast electric vehicle manufacturing complex in Hai Phong city. (Photo: VNA)
Jakarta (VNA) – Vietnamese electricvehicle (EV) maker VinFast said on February 21 that it will break ground for itsintegrated electric vehicle (EV) manufacturing site in Thoothukudi city, India’sTamil Nadu state, on February 25.
This move represents a significant step towards astrategic partnership between VinFast and Tamil Nadu, contributing to promotingthe development of green transportation in India and the region.
The partnership between VinFast and Tamil Nadu began followingthe signing of a Memorandum of Understanding (MoU) on January 6. Thecollaboration aims toward an intended commitment of 500 million USD for thefirst phase of the integrated EV facility, spanning five years from thecommencement date. This is a significant milestone in VinFast's globalexpansion strategy of venturing into one of the world's fastest growing majoreconomies and its burgeoning EV market.
The groundbreaking ceremony of the EV manufacturingplant just over a month after the announcement of the MoU with Tamil Nadu affirmsVinFast's strong determination and roll-out speed in its global expansion plan.
The integrated EV manufacturing facility is projectedto generate about 3,000 to 3,500 local job opportunities. It not only caters to development objectives in the Indian market, but also serves exports toSouth Asian, Middle Eastern and African countries.
Additionally, the project will catalyse greentransportation development in India, contributing to materialising the Indiangovernment’s target of having 30% of newly registered private cars being electric./.
Vietnamese electric vehicle (EV) maker VinFast will introduce right-hand drive EV models to the international market for the first time as part of its upcoming participation at the Indonesia International Motor Show (IIMS) 2024 slated for February 15 – 25.
Vietnamese automotive manufacturer, VinFast, has officially launched its first right-hand drive electric vehicles for the Indonesian market at the Indonesia International Motor Show (IIMS) 2024.
Vietnamese automotive manufacturer, VinFast, has officially launched its first right-hand drive electric vehicles for the Indonesian market at the Indonesia International Motor Show (IIMS) 2024.
Vietnamese electric vehicle (EV) maker VinFast signed the Letters of Intent with its first five dealers in Indonesia on February 16 while attending the Indonesia International Motor Show (IIMS) which is taking place from February 15 to 25.
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VinFast electric vehicle manufacturing complex in Hai Phong city. (Photo: VNA) 
