Vietnam's Vinfast has begun production at a $500 million electric vehicle plant in India’s Tamil Nadu, part of a larger $2 billion investment to expand into Asian markets

VinFast's $500-million EV plant is located in Tamil Nadu's Thoothukudi district, and is part of a planned $2 billion investment in India and a broader expansion across Asia. The facility will initially make 50,

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.