in India by this month.

Vietnam-based EV maker VinFast Auto is poised to mark a significant milestone as the company will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu, on February 25, 2024.

VinFast’s integrated EV manufacturing facility in Tamil Nadu is expected to create approximately 3,000 to 3,500 local job opportunities, positioning itself as a prominent electric vehicle production hub in the region. 

Local Job Opportunities

With a projected annual capacity of up to 150,000 units, the facility not only contributes to the development objectives in the Indian market but also supports VinFast’s export program in South Asian, Middle Eastern, and African countries.

Production Hub

The government’s ambitious target of having 30% of newly registered private cars as electric vehicles aligns with VinFast’s commitment to sustainability. 

Green Transportation Agenda

As revealed in its fourth-quarter and full calendar year 2023 results, VinFast has set an ambitious sales target of 100,000 EVs in 2024.

Sales  Targets