{"id":627240,"date":"2024-01-09T09:55:05","date_gmt":"2024-01-09T04:25:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=627240"},"modified":"2024-01-09T10:39:52","modified_gmt":"2024-01-09T05:09:52","slug":"vinfasts-india-entry-tamil-nadu-plant-may-start-ev-production-by-2026","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vinfasts-india-entry-tamil-nadu-plant-may-start-ev-production-by-2026\/","title":{"rendered":"VinFast&#8217;s India entry: Tamil Nadu plant may start EV production by 2026"},"content":{"rendered":"<p>VinFast, the Vietnamese electric vehicle manufacturer, has unveiled an ambitious plan for launching its operations in India and has inked a memorandum of understanding (MoU) with the Tamil Nadu government to set up an integrated electrical vehicle plant in the state. <\/p>\n<p>In a SEC filing in the US, VinFast has now stated that it will make an initial investment of $200 million to set up a plant in Tamil Nadu for completely knocked-down (CKD) assembly of electric vehicles with a capacity of 50,000 vehicles per annum. <\/p>\n<p>The money for the plant will come from the planned optimisation of its capital expenditure in 2024 and 2025, which will help save over $400 million of cash. The company expects to have the India factory up and running by 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VinFast, the Vietnamese electric vehicle manufacturer, has unveiled an ambitious plan for launching its operations in India and has inked a memorandum of understanding (MoU) with the Tamil Nadu government to set up an integrated electrical vehicle plant in the state. In a SEC filing in the US, VinFast has now stated that it will make an initial investment of $200 million to set up a plant in Tamil Nadu for completely knocked-down (CKD) assembly of electric vehicles with a capacity of 50,000 vehicles per annum. The money for the plant will come from the planned optimisation of its capital [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-627240","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=627240"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/627240\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=627240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=627240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=627240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}