VinFast has inaugurated its electric vehicle (EV) assembly plant at the SIPCOT industrial park in Thoothukudi, Tamil Nadu. In its initial phase, the plant will focus on assembling two premium electric SUV models, namely the VF 7 and VF 6. The plant’s starting capacity is 50,000 vehicles per year, scalable up to 150,000 units annually. The company had commenced construction work on the plant earlier in April 2024. It had planned to invest around Rs 40 billion spread over 5 years.
Spread across a total area of 400 acres, the plant will create 3,000 to 3,500 direct jobs for local workers when operated at full capacity. The assembly plant is the first VinFast facility inaugurated outside Vietnam. Moreover, it is the company’s third operational plant and the fifth project in its global manufacturing network.
