VinFast pauses development and local manufacturing plans for three EVs in India, Economic Times reports
Economic Times says the VF3, VF6 and VF7 programmes are affected, with suppliers asked to stop work while VinFast reassesses costs.
TLDR
VinFast has temporarily halted development and local manufacturing plans for its VF3, VF6 and VF7 electric vehicles in India, Economic Times reports. The publisher says VinFast asked suppliers to stop work while it reassesses costs. The pause comes amid the automaker’s struggle to gain scale in India despite its $2-billion expansion plans, according to the report.
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