VinFast in early talks to develop two India-specific EVs, Inc42 reports
Inc42 says the models under discussion are codenamed VF X and VF Y, with VF X expected to target the affordable EV segment at a price below $12,000.
TLDR
Inc42 reports that VinFast is in early talks with Indian suppliers to develop two India-specific EVs, codenamed VF X and VF Y. The outlet says VF X is expected to target the affordable segment with a price below $12,000. It describes a shift away from adapting global models for India after VinFast suspended plans to manufacture some of those models locally amid cost concerns. Inc42 also says the Vietnamese automaker has pledged $2 billion in investment in India and sold 2,198 EVs in August.
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