Vietnamese electric vehicle manufacturer VinFast has announced plans to open a manufacturing plant in India by the end of June 2025. This strategic move marks VinFast’s entry into the Indian market, aiming to capitalize on the growing demand for electric vehicles in the region. The new facility is expected to boost local employment and contribute to the country’s sustainable transportation goals.
VinFast’s expansion into India aligns with its broader strategy to establish a strong presence in Asia. By setting up local production, the company aims to offer competitively priced EVs tailored to the preferences of Indian consumers, thereby accelerating the adoption of electric mobility in the country.
