Saturday, Apr 27 2024 | Time 16:49 Hrs(IST)
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Business Economy


Vinfast welcomes Centre's new EV policy

Chennai, Mar 18 (UNI) EV makers Vinfast India on Monday welcomed the recent EV policy Announced by the Centre.
In a statement here, Pham Sanh Chau, CEO of VinFast India, said “We highly value the Indian Government’s new EV scheme as it aims to drive large investments in manufacturing, create competencies and upskilling, set up a robust supply chain and offer consumers world-class, zero tailpipe emission vehicles."
"With a long-term growth commitment in India, we have pledged an expenditure of USD 500 million, which includes the electric vehicle manufacturing facility in Tamil Nadu", he said.
"This forward-looking policy help us introduce a wide variety of smart, green, premium-quality SUVs, at the inclusive prices, along with outstanding aftersales policies”, he added.
UNI GV 1748
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