Home Tech Electric Vehicles

VinFast pivots to Asia with EV plants in India and Indonesia as losses widen

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 25 April 2025 0

Credit: AFP

Vietnamese electric vehicle (EV) maker VinFast is shifting gears toward Asia, accelerating its expansion in the region with new manufacturing plants in India and Indonesia as its US ambitions stall amid rising tariffs and logistical costs.

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