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Vietnam's VinFast to launch 2 premium electric SUVs in India in 2025

Business Standard LogoBusiness Standard6h ago

Vietnam's VinFast to launch 2 premium electric SUVs in India in 2025 - Business Standard

Quick Summary:

Vietnam's electric vehicle maker VinFast Auto on Saturday said its two electric SUVs -- VF 7 and VF 6 -- will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential.

The company, which is investing USD 500 million to set up its manufacturing plant at Tuticorin in Tamil Nadu, expects completion of the facility in the second half of 2025 after which it will launch the products.

"We hope that it (Tuticorin plant) will be completed by the end of H1 or H2 beginning of 2025, then we can launch our cars," VinFast Asia CEO Pham Sanh Chau said here in an interaction.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-18 @ 11:47:55 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 13 lines

Sentence Length: 52 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25230814

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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