Vietnamese electric vehicle (EV) major and Tesla's global rival VinFast is set to make India a global export hub eyeing markets like West Asia and Africa, with the first phase of its $2 billion facility in Thoothukudi, Tamil Nadu, expected to be operational by mid-2025, a senior company executive has said.

Vietnamese electric vehicle manufacturer Vinfast planned to capture the Indian market with two high-end electric SUVs, competing against local competitor Mahindra & Mahindra and China's BYD, which is already established in the world's third largest automotive market.

Vinfast has confirmed the launch timeline for two of its SUVs - the VF 6 and VF 7. Tap to know more details about the cars and Vinfast''''s India plans.

VinFast Auto Ltd. to launch made-in-India cars in 2025, targeting India's growing EV market with aggressive expansion plans.

Its first offering in India, the VF7 is a large, luxurious, five-seater SUV with power rivalling that of German EVs

Vietnamese electric vehicle maker VinFast is set to enter the Indian market with its premium electric SUVs, VF6 and VF7. It aims to compete with local company Mahindra & Mahindra and China's BYD. VinFast plans to invest $500 million in a car and battery factory in Tamil Nadu and is also focusing on establishing charging infrastructure.

By Nandan Mandayam and Aditi Shah NEW DELHI (Reuters) - Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China's BYD,

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone.