Vietnamese electric vehicle maker VinFast began operations at a new plant in India, its first overseas factory, on Monday, and said it hopes to source more parts locally and that it had received orders from Sri Lanka,

VinFast inaugurated its new electric vehicle (EV) assembly plant on August 4 at SIPCOT Industrial Park in Tamil Nadu, India.

Vietnam's Vinfast is to set break ground on a $500 million electric vehicle plant in India’s Tamil Nadu, part of a larger $2 billion investment to expand into Asian markets. The new factory