{"id":633986,"date":"2024-02-12T12:03:03","date_gmt":"2024-02-12T06:33:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633986"},"modified":"2024-02-12T12:03:03","modified_gmt":"2024-02-12T06:33:03","slug":"a-tesla-rival-is-driving-into-india-what-lies-ahead-for-it","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/a-tesla-rival-is-driving-into-india-what-lies-ahead-for-it\/","title":{"rendered":"A Tesla rival is driving into India. What lies ahead for it"},"content":{"rendered":"<p>A small unprofitable electric vehicle (EV) maker, which had briefly become the third most valuable auto manufacturer in the world last year after Tesla and Toyota, leaving behind General Motors and Ford Motor, as its stock rose nearly 700% days after its listing on Nasdaq, is driving into India.<\/p>\n<p>VinFast Auto, which was formed in 2017 and began making EVs in 2021, is backed by Vingroup, Vietnam&#8217;s largest conglomerate. It will hold the groundbreaking ceremony for its $2-billion integrated EV facility in Thoothukudi on February 25, ET has reported based on information from sources. VinFast will set up a kit assembly plant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A small unprofitable electric vehicle (EV) maker, which had briefly become the third most valuable auto manufacturer in the world last year after Tesla and Toyota, leaving behind General Motors and Ford Motor, as its stock rose nearly 700% days after its listing on Nasdaq, is driving into India. VinFast Auto, which was formed in 2017 and began making EVs in 2021, is backed by Vingroup, Vietnam&#8217;s largest conglomerate. It will hold the groundbreaking ceremony for its $2-billion integrated EV facility in Thoothukudi on February 25, ET has reported based on information from sources. VinFast will set up a kit [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-633986","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633986","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633986"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633986\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}