After Tesla, VinFast seeks lower EV import tax in India
Image Credit: reuters
Vietnam-based VinFast is seeking a two-year reduction in India's import duties on electric cars while its local plant is being built. A company executive said this would help customers become familiar with VinFast's products before production starts at its Tamil Nadu factory. VinFast aims to begin production by mid-next year, initially for domestic sales and later for exports.