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VinFast plans to develop two India-specific EVs in strategy shift, sources say

Source: reuters.com

Automotive & EVProduct LaunchesEmerging MarketsCorporate Strategy & Outlook
VinFast plans to develop two India-specific EVs in strategy shift, sources say

VinFast plans to develop two new electric-vehicle models specifically for India, according to five Reuters sources. The move marks a strategic pivot only weeks after the Vietnamese automaker halted plans to manufacture certain global models in the country, potentially improving its fit with local market demand but underscoring execution risk.

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