Vietnam automaker Vinfast to build factory in India, eyeing growth in Asia

Visitors chat near a VF6, an electric vehicle from Vietnamese automaker VinFast, during the Gaikindo Indonesia International Auto Show in Tangerang, Indonesia, Wednesday, July 23, 2025. -- AP Photo/Tatan Syuflana

THOOTHUKUDI, India (AP): Vietnam’s Vinfast on Monday inaugurated a $500 million electric vehicle plant in southern India’s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia.

The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars.