VinFast Accelerates India EV Push with Local Sourcing and Export Plans - VinFast and Tamil Nadu have agreed on a potential $2 billion investment, with $500 million committed

VinFast launches its first overseas plant in India’s Tamil Nadu and is in talks to boost local sourcing, aiming to expand production and export electric vehicles across Asia.

By Praveen Paramasivam and Chandini Monnappa THOOTHUKUDI, India (Reuters) -Vietnamese electric vehicle maker VinFast began operations at a new plant in India, its first overseas factory, on Monday, and said it hopes to source more parts locally and that it had received orders from Sri Lanka,