VinFast Confirms India Debut

[350Z]

The Vietnam based electric vehicle manufacturer, VinFast, is all-set to commence its operations in India. The company has reportedly appointed Pham Sanh Chau as the CEO for VinFast India.

• Part of Vingroup, VinFast Auto Ltd. will initially introduce two imported electric cars in 2024. It eventually intends to setup a manufacturing plant in India, discussions for which are underway.
• Pham Sanh Chau is a Vietnamese politician, educator, and diplomat, with over two decades of experience. He has served as Vietnam's ambassador to India, Nepal, and Bhutan from 2018 to 2022.
• VinFast has opened its India headquarters in Gurugram and also roped in Ashwin Patil, former sales head at Kia India, who will serve as the vice president and director for the company's operations in India.

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[Rathore0027]

It feels great to be in such an era where India is seeing the arrival of various global automative companies in India. If we analyse, basically this company VinFast is capturing the opportunity which once the Haval was receiving in India. If Haval would have been allowed in India to start operations, then till now it would be dominating the Indian ev market due to low prices of Chinese components and their vehicles, making it difficult for such companies to work.