03-September-2026
Corporate News
 
VinFast puts the brakes on manufacturing some cars in India
02-Sep-2026

VinFast has suspended plans to manufacture three electric vehicles in India and ordered suppliers to halt work on the projects while it reassesses costs, according to two sources and a company memo reviewed by Reuters - a year after the Vietnamese automaker entered a crucial growth market. The manufacturer has asked suppliers to "hold all activities" on three programmes, including a two-door SUV called VF3 - expected to be its most competitive model in the market - and the VF6 and VF7 SUVs, which it imports as kits from Vietnam and assembles in the country.

News Source:- https://economictimes.indiatimes.com/industry/renewables/vinfast-puts-the-brakes-on-manufacturing-some-cars-in-india/articleshow/133674181.cms