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VinFast Plans Two New India Specific EVs

Vietnamese automaker VinFast plans to develop two new electric vehicles specifically for the Indian market. The strategic shift follows suspended plans to manufacture global models locally due to high costs.

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The reflection of the VinFast logo is seen on a car's window during India's five-day auto show in New Delhi, India, January 18, 2025. REUTERS/Priyanshu Singh

VinFast plans to develop two new electric vehicles for India, targeting a price below $12,000 after pausing plans for existing global models.
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