VinFast Plans To Open Tamil Nadu EV Plant By June

As a result, VinFast’s founder Pham Nhat Vuong now views better potential in India, Indonesia, and the Philippines than US, Canada, and the EU

The India plant, located in Tamil Nadu, is part of a $2 Bn investment plan, with an initial $500 Mn and annual capacity of up to 1.5 Lakh vehicles

Recently, Tesla’s CFO, Vaibhav Taneja, said that India’s current tariff structure is a roadblock for its India entry

Over a year after announcing setting up of an EV…