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VinFast Launches $500 Million EV Plant in India
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August 05,2025

VinFast Launches $500 Million EV Plant in India

Vietnam’s VinFast has begun production at a $500 million electric vehicle plant in Tamil Nadu, India, as part of a $2 billion investment plan. The facility will initially produce 50,000 EVs annually, scalable to 150,000, and aims to become a regional export hub. Over 3,000 local jobs will be created.

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