VinFast To Launch A New Product Every 6 Months In India: India CEO

VinFast India is stepping up its India push with plans to launch one new product every six months, including a 7-seater MPV and a two-wheeler. India CEO Tapan Ghosh says the company has committed $1 billion in investments, with $500 million already deployed for a 50,000-unit four-wheeler manufacturing capacity. He adds that continued government incentives are crucial as EV penetration in India remains just 4%.