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Vietnam's VinFast to start India EV biz in '24
Mint Mumbai
|January 16, 2024
Company to import vehicles as completely built-up units, set up network
Vietnamese electric vehicle (EV) maker VinFast is moving fast to kick-start its India operations, targeting sales of its first two-wheelers and four-wheelers in India beginning in the third quarter or second half of calendar year 2024, two persons aware of the plans told Mint on condition of anonymity.
The company has held dealer 'clinics' with 30-35 potential Indian dealer partners in Vietnam, and is soon going to announce its distributor network, which will display both two- and four-wheelers. The company will import these vehicles as completely-built up units (CBUS).
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