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New EV policy to aid premium-quality SUV launches in India, says VinFast India CEO | Autocar Professional

Baua Electric

Lauding India’s new policy that promotes electric car manufacturing and cuts import duty on certain cars, Vietnamese automaker VinFast Auto’s India Chief Executive Officer Pham Sanh Chau said the policy will help the company to introduce premium-quality sports utility vehicles at inclusive prices.

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VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

The company invited journalists to Vietnam to drive its new electric SUV, the VF8, only to be met with reviews ranging from “send it back” to “not ready for sale.” VinFast recently broke ground on the facility, which will give it the domestic manufacturing footprint it needs to take advantage of federal tax incentives.&

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

Flash Drive: 2023 VinFast VF 8 The First Car Vietnamese Car Comes To North America When Vietnam’s largest company, the VinGroup, announced in 2017 they were entering the automobile manufacturing business, it probably didn’t get too much notice. The exterior looks aerodynamic sitting still from a combination of curves and sharp edges.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units. Around 2% of all cars sold were electric.