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VinFast targets festive season EV launch in India, plans local production and hiring scale-up

Vietnamese electric vehicle maker VinFast plans to launch its VF6 and VF7 models in India ahead of this year’s festival season, as it sets its sights on becoming a key player in the country’s premium EV segment. The company has already invested US$500 million in a manufacturing plant in Thoothukudi, Tamil Nadu, and aims to ramp up annual production from 50,000 to 150,000 units in the coming years.