VinFast Kicks Off India Production, Eyes Local Sourcing From Component Makers

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SUMMARY

“The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India,” VinFast’s Asia CEO said

The CEO’s statement coincides with VinFast inaugurating its first manufacturing facility in India at Thoothukudi in Tamil Nadu

Besides retail expansion, VinFast is also entering the charging infrastructure segment through its subsidiary VinGreen

Vietnamese electric vehicle (EV)…



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VinFast Kicks Off India Production, Eyes Local Sourcing From Component Makers


SUMMARY

“The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India,” VinFast’s Asia CEO said

The CEO’s statement coincides with VinFast inaugurating its first manufacturing facility in India at Thoothukudi in Tamil Nadu

Besides retail expansion, VinFast is also entering the charging infrastructure segment through its subsidiary VinGreen

Vietnamese electric vehicle (EV)…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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