$500M EV factory spools up in India

Let us read it for you. Listen now. Your browser does not support the audio element. THOOTHUKUDI, India -- Vietnam's VinFast began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state on Monday, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, VinFast hopes it will...