Founder Pham Nhat Vuong commits to pouring $2bn into the expansion
VinFast’s new VF 6 on display at an auto show in New Delhi on Jan. 18: The company is due to open an assembly plant in Tamil Nadu, India, in July. © Reuters
ATSUSHI TOMIYAMA and MAI NGUYEN
TOKYO/HANOI — Vietnamese electric vehicle (EV) maker VinFast has unveiled an ambitious plan to increase production to 1 million in 2030.
Production figures for this year have not been released, but the company’s current annual capacity is 250,000 units.
