Tesla rival VinFast plans to open a car assembly plant in India by end-June: Report

VinFast, Tesla's rival, is shifting its focus to Asian markets, planning assembly plants in India by June and Indonesia by October, due to challenges in the U.S. market. While VinFast expands in Asia, Tesla is hesitant about entering India due to high import duties.

Apr 24, 2025 - 21:00
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Tesla rival VinFast plans to open a car assembly plant in India by end-June: Report
VinFast, Tesla's rival, is shifting its focus to Asian markets, planning assembly plants in India by June and Indonesia by October, due to challenges in the U.S. market. While VinFast expands in Asia, Tesla is hesitant about entering India due to high import duties.

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