Tesla-rival VinFast plans EV battery plant in India
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Vietnamese electric vehicle (EV) manufacturer VinFast is planning to set up its first Indian manufacturing facility in Tamil Nadu, specifically in the city of Thoothukudi. According to sources cited by Reuters, this plant will produce batteries for EVs, separate from VinFast's earlier plans to assemble vehicles from parts shipped from Vietnam. While the company has not yet confirmed these plans, it has stated that it will reveal more information at "an appropriate time."