VinFast, Vietnam inaugurates its EV assembly plant in Tamil Nadu, India On August 4, VinFast inaugurated its electric vehicle (EV) assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India. This marks the company’s first manufacturing facility outside Vietnam and its third operational plant globally. The 400-acre plant features advanced, automated production lines and multiple workshops, including a body shop, paint shop, a...

News  Updated at: 2025/08/04

VinFast opens first showroom in India, begins pre-bookings for VF6 and VF 7 electric SUVs On July 27, VinFast Auto India, the Indian subsidiary of VinFast, opened its first showroom. The dealership in Surat, Gujarat, named ‘VinFast Surat’ and promoted by Chandan Car. The facility covers an area of 3,000 square feet and is designed to offer an integrated experience, including product displays, assistance with vehicle purchases, and after-sales...

News  Updated at: 2025/07/28

Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

ments. The rest position in headliner disappears so the end user does not need to move the head to position the sun visor. (From a press release on September 14, 2020) Grupo Antolin informed that it has decided to enter in Vietnam as part of its growth strategy in Asia. It will supply components to VinFast, the new carmaker that will launch this summer its first two models. Grupo Antolin will supply overheads and sunvisors to VinFast vehicles. Gr...

Major Suppliers  Updated at: 2025/06/05

with a total investment of up to USD 2 billion, with an intended commitment of USD 500 million for the first phase of the project for over 5 years. - To generate approximately 3,000-3,500 employment opportunities locally VinFast India onboards first 200 employees for upcoming Tamil Nadu EV plant VinFast, Vietnam inaugurates its EV assembly plant in Tamil Nadu, India Vinfast breaks ground for electric vehicle (EV) manufacturing facility in Indi...

OEM Plants  Updated at: 2025/05/20

and VF 7 models, signaling its intent to establish a presence in India. The company plans to begin accepting bookings in the second half of 2025, with production and deliveries targeted for 2026. India, as the world’s third-largest Light Vehicle (LV) market, presents significant opportunities for VinFast, particularly given the regulatory barriers that have restricted the entry of Chinese BEV manufacturers. As VinFast continues to recalibrate i...

News  Updated at: 2025/02/20

eometry turbocharger for superior torque delivery. It has technologies such as dual cam phasing, variable oil pump, integrated exhaust manifold in cylinder head, etc. Its advanced exhaust aftertreatment system ensures lower emissions. The engine is capable of handling ethanol fuel blends.       VinFast, a Vietnamese multinational automotive company established by Vingroup, made its debut in India by launching its VF 6 and VF 7 electric vehicl...

Market & Tech Reports  Updated at: 2025/02/13

ed VF 5) (2025-), EV Nerio Green (refined VF e34) (2025-); EV buses (2020-); Plant of Vingroup, started production in June 2019. -On April 7, 2019, LG Chem Ltd. has announced that it has established a new company in Vietnam, VinFast Lithium-ion Battery Pack (VLBP), jointly with a car manufacturer, VinFast, in its supplier park in Cat Hai, Hai Phong. VinFast 65%, LG Chem 35%. -In July 2018, VinFast has completed the opening of its office in Frank...

OEM Plants  Updated at: 2025/01/10

VinFast, Vietnam launches special Green line; completely new models Minio Green, Limo Green included Announced on January 9, 2025, VinFast introduced a special green product line in Vietnam, developed for the transportation service business, including 4 EV models in different segments. The lineup includes 2 completely new models launched for the first time on the market, namely (i) Minio Green and (ii) Limo Green. Minio Green is a 2-door mini urb...

News  Updated at: 2025/01/10

s) Europe Cruising range (WLTP mode): 410km (254.8miles), 379km (235.5miles) It is a compact SUV and was displayed at the CES 2023. Its base price is VND 675,000,000 in Vietnam, EUR 33,900 in Europe. Its top speed is 175km/h (108.7mph). 0 - 100 km/h (62 mph) acceleration time is 8.89 sec. B (Small) VinFast, Hai Phong SUV Ultrasonic sensor (Max 10: All standard 6, Partially standard 4),Radar sensor (Max 3: All standard 2, Partially standard 1),Mon...

Electric / Autonomous  Updated at: 2024/12/10

VinFast announces official brand launch in Middle Eastern market On October 28, VinFast Auto held the official brand launch event in the Middle Eastern market. VinFast, together with its partner Al Tayer Motors, officially opened its first dealership in the United Arab Emirates (UAE), located in the downtown area of Dubai. Additional VinFast dealerships in the Middle East, including Saudi Arabia, Qatar, Kuwait, and Bahrain, will be opened later t...

News  Updated at: 2024/10/29

vealed that VinES Ha Tinh Battery plant has officially started its commercial production on August 28, 2023. VinES said it is in the process of market research and this factory is currently only operating at about 30% capacity. The factory's current battery product lines are exclusively for VinFast VF6 EVs. Initially, the factory produces about 120 battery packs for VinFast VF6 each day.  On December 12, Vingroup and the People’s Committee of ...

OEM Plants  Updated at: 2024/10/07

rgy Automobile Co., Ltd.) Wuling's Cloud EV electric MPV (launched in Indonesia in April 2024) (Photo: Wuling)   Related Reports: ASEAN Vehicle Sales and Production Update (Q2 2024) (Aug. 2024) GAIKINDO Indonesia International Auto Show 2024 (Aug. 2024) Bangkok International Motor Show 2024 (3) VinFast, European OEMs (Apr. 2024)Bangkok International Motor Show 2024 (2) Japanese OEMs (Apr. 2024) Bangkok International Motor Show 2024 (1) Chines...

Market & Tech Reports  Updated at: 2024/09/04

utomakers (OEMs) and brands participating in the event were Audi, BAIC, BMW, BYD, Chery, Citroen, Daihatsu, GAC Aion, Great Wall Motors (GWM), Honda, Hyundai, Jaecoo (Chery), Jetour, Kia, Lexus, Mazda, Mercedes-Benz, MG, Mini, Mitsubishi Motors, Neta, Nissan, Porsche, Seres, Subaru, Suzuki, Toyota, Vinfast, Volvo, VW, Wuling, etc. Other participants included trucks, buses, electric bikes, accessory parts, auto financing, and services.   Reflecti...

Market & Tech Reports  Updated at: 2024/08/30

Bangkok International Motor Show 2024 (3) VinFast, European OEMs BEVs from VinFast, Kia, European brands, and Thai brand electric commercial vehicles Summary VinFast: Full lineup of electric car models Nex Point: Thai brand electric commercial vehicles Hyundai RN22e Rolling Lab high-performance car Kia EV5 mid-sized electric SUV Ford Ranger Wildtrak V6 pickup truck Volvo EX30 BEV compact SUV BMW iX2 xDrive30 M Sport and i5 eDrive40 M Sport (Inspi...

Market & Tech Reports  Updated at: 2024/04/30

ents. BYD, which has officially entered the Indonesian market, introduced its three models including the Dolphin, ATTO 3, and Seal, while Chery Automobile launched the OMODA E5 that will enjoy the VAT incentives.   There are several auto manufacturers which are entering the EV market in Indonesia. VinFast, a Vietnamese carmaker, exhibited its EV models at the Indonesia International Motor Show in February 2024, marking its official entry in the ...

Market & Tech Reports  Updated at: 2024/04/12

that in addition to its directly managed sales base in California, it had signed sales agreements with five dealers outside the state. These dealers will be VinFast's first independent dealers. The company will begin selling the VF 8, and will expand the range of vehicles it handles thereafter.   VinFast, in its 2023 performance report (February 2024), stated that for its U.S. sales network, the company already has 13 sales offices and service ...

Market & Tech Reports  Updated at: 2024/04/02

mers. The Indian automotive market is extremely competitive and has seen international giants like General Motors and Ford exit after decades of operation. Even Toyota and Volkswagen have struggled to establish a significant presence. This competitive environment presents a formidable challenge for VinFast, a newcomer, to establish its brand and attract the value-seeking Indian consumer. Moreover, VinFast will be entering a BEV market where local...

News  Updated at: 2024/03/25

nd a decrease of 11.2% from Q1 2023.  •  VinFast delivered 9,535 EVs in Q2 2023, representing an increase of approximately 436% from Q1 2023 when it sold 1,780 EVs, as well as Q2 2022 when it sold 1,789 EVs.  •  Vietnamese EV-only taxi operator GSM, a member of the Vingroup and affiliate of VinFast, entered into vehicle sale agreements with VinFast for up to 30,000 EVs, of which approximately 7,100 EVs have been delivered through June 30,...

News  Updated at: 2023/09/23

tnam   In July 2022, the Vietnamese government reportedly decided to ban the import and production of ICE vehicles starting in 2040. To popularize EVs, Vietnam will lower the special consumption on EVs for five years starting March 1, 2022, and wave the initial registration fee for three years.   VinFast, an emerging automaker in Vietnam, started exporting to the U.S. in November 2022. The company has also made a full-scale entry into the EV ma...

Market & Tech Reports  Updated at: 2023/08/16