VinFast begins building $500 mln EV factory in India

VinFast begins building $500 mln EV factory in India

VinFast Auto, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, officially broke ground on its first integrated EV manufacturing facility in the state of Tamil Nadu, India, on Sunday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

EV maker VinFast to build $500 mln facility in India, towards $2 bln investment

EV maker VinFast to build $500 mln facility in India, towards $2 bln investment

VinFast, the electric vehicle arm of Vietnamese conglomerate Vingroup, will build a $500 million EV facility in Tamil Nadu state of India, towards a total investment of $2 billion.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7