VinFast’s new plant, which will be opened in the city of Thoothukudi, will produce batteries designed for EVs
In October, VinFast revealed plans to construct assembly factories in India and Indonesia
However, it is not clear about the company’s investment size and the operational timeline in Tamil Nadu
Vietnam-based electric vehicle maker VinFast, which is deemed as rival of Tesla and China’s BYD, is likely to set up its first Indian manufacturing facility in Tamil Nadu.
The company’s new plant, which will be opened in the city of Thoothukudi, will produce batteries designed for EVs, Reuters reported, citing sources close to the matter.