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VinFast Challenges Tesla in India: A $500 Million Bet on Electric Future with RoadGrid Partnership

VinFast's Strategic Entry into the Indian EV Market

Vietnamese electric vehicle (EV) manufacturer VinFast is making waves in India with its ambitious plans to compete against Tesla. The company has announced a strategic partnership with RoadGrid, an Indian EV charging and aftersales solutions provider, to bolster its customer support network across the country.

VinFast's bold move into India's EV space

Building a Strong Foundation for EV Adoption

With the launch of its VF7 and VF6 models slated before the festive season, VinFast is laying the groundwork for a seamless EV ownership experience. The partnership with RoadGrid is central to this strategy, ensuring accessible and reliable charging infrastructure and aftersales services.

A $500 Million Manufacturing Hub in Tamil Nadu

VinFast is investing heavily in India, with a $500 million manufacturing facility in Tuticorin, Tamil Nadu, expected to be operational by the second half of 2025. This plant aims to produce up to 1.5 lakh EVs annually, serving not just the Indian market but also exports to the Middle East and Africa.

"Our collaboration with RoadGrid is a testament to our commitment to making EV ownership effortless and reassuring for our customers in India," said Pham Sanh Chau, CEO of VinFast Asia.