VinFast also revealed a plan to set up an assembling plant in India – the third largest automobile market in the world. Some 200 million USD will be splashed out on the Indian plant, which is designed with the capacity of 50,000 vehicles a year in the first phase.
According to VinFast, plant construction in new markets allows the firm to capitalise on the incentives of the host governments as well as access to raw materials with attractive prices.
VinFast handed over 10,000 electric cars in the third quarter of this year, up 5% from previous quarter. Robust sales in the period was recorded in the Norther American market, especially Canada.
During January-September, as many 21,300 VinFast vehicles were delivered.
According to Le Thi Thu Thuy, VinFast Global General Director, VinFast has an ambitious plan to build a green future, and its business result in the last quarters is only an initial step. A feasible plan was outlined to ensure that VinFast is able to make bold steps to become a global company./.
