VinFast
, the Vietnamese
electric vehiclemanufacturer, is scheduled to launch its first electric car, the
VF5 hatchback, on June 30 from its new
Thoothukudi plant. The plant was constructed in 15 months within SIPCOT’s industrial park. This development is a significant achievement for Tamil Nadu's electric vehicle goals.
The ₹16,000 crore project validates Tamil Nadu's status as a leading EV investment destination in India. The state already accounts for over 40per cent of the country's planned EV investments.
The Thoothukudi plant has a production capacity of 1.5 lakh cars per year. It also includes a dedicated supplier park.
Access to Thoothukudi Port was a key factor in the plant's establishment.
TN Govt's strategic push to decentralize industry beyond Chennai made this historic rollout possible.
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