Vietnam's VinFast to spend up to $2bn on India car, battery plant

Vietnam's VinFast to spend up to $2bn on India car, battery plant

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HO CHI MINH CITY -- VinFast will spend up to $2 billion to produce electric vehicles and batteries in India, the Vietnamese carmaker said shortly after appointing its founder as CEO. The Nasdaq-listed company's factory in Tamil Nadu will contribute to local goals that 30% of new cars be EVs,…

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