VinFast pauses India localisation plans as costs rise
Vietnamese electric vehicle (EV) maker VinFast has reportedly instructed suppliers to "hold all activities" relating to localisation of three models in India, according to an internal memo seen by Reuters. This marks a change of pace for the automaker, which started assembly in India just a year earlier with a 150,000-upa site in Tamil Nadu.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member? Log in here
Login
AP by OMG
Asian-Promotions.com |
Buy More, Pay Less | Anywhere in Asia
Shop Smarter on AP Today | FREE Product Samples, Latest
Discounts, Deals, Coupon Codes & Promotions | Direct Brand Updates every
second | Every Shopper’s Dream!
Asian-Promotions.com or AP lets you buy more and pay less
anywhere in Asia. Shop Smarter on AP Today. Sign-up for FREE Product Samples,
Latest Discounts, Deals, Coupon Codes & Promotions. With Direct Brand
Updates every second, AP is Every Shopper’s Dream come true! Stretch your
dollar now with AP. Start saving today!
Originally posted on: https://www.automotiveworld.com/analysis/vinfast-pauses-india-localisation-plans-as-costs-rise/