Vietnam’s VinFast began production at a $500 million electric vehicle plant in southern India’s Tamil Nadu state on Monday, part of a planned $2 billion investment in India and a broader expansion across Asia.

VinFast enters India with new EV assembly plant, showcasing ambition, speed, and commitment to localisation in the market.

Vietnamese electric vehicle maker VinFast launched its first manufacturing facility in southern India on Monday, marking a key step in its expansion into the world's third-largest auto market.Vinfast plans to roll out cars to the showroom later this month,

Vietnamese electric vehicle maker VinFast Auto Ltd. sees its new India factory as key to entering South Asia, the Middle East and Africa, Asia Chief Executive Officer Pham Sanh Chau said, as it begins a $500 million push to crack the world’s third-biggest car market.

Vietnam’s VinFast began production Monday at a $500 million electric vehicle factory in Tamil Nadu, India, according to AP. The automaker's new plant marks the first phase of a $2 billion Asia expansion,