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Originally Posted by ohaak
(Post 5724261)
Has anyone had firsthand experience with Vinfast? While I appreciate the employment opportunities and foreign direct investment (FDI) it brings, I remain doubtful about the vehicles' success. |
Have not driven or sit in Vinfast cars, but during my trip to Vietnam last year, saw a few cars in Hanoi & Da Nang. While the cars appeared to look good from a distance, when I walked closer to the cars, the fit and finish was not great. Some parts seemed flimsy.
VinFast breaks ground on its EV plant in Tamil Nadu 50 days after MoU signing.
Vietnamese EV manufacturer begins construction of its integrated EV plant at Thoothukudi in Tamil Nadu just 50 days after it signed an MoU with the state government. The strategically located plant with a port nearby could help drive made-in-India VinFast EV exports too.
In addition to building the manufacturing facilities in Tamil Nadu, VinFast also plans to develop a nationwide dealership network which will enable to build its brand presence, considering the Vietnamese brand is relatively not so known in India as yet. VinFast and the Tamil Nadu government will also explore collaboration in the form of setting up a charging station network.
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VinFast takes the acclaimed Tesla route to India, seeks import duty cut.
Vietnam’s VinFast seeks India EV import duty cut as plant construction starts.
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Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream
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Like Tesla, VinFast has also asked for a reduction to India’s 100% import duty on fully-built EVs, which has been opposed by domestic automakers. India, the world’s third-largest vehicle market, has been considering the requests but has not made a decision
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Quote:
Originally Posted by Cresterk
(Post 5726082)
I'm guessing they realised India is the only place they might be able to dump these things. |
What we expect: Tesla
But what we actually got: VinFast
Already started worrying about the plight of future customers. We need to stay away from these junks.
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Originally Posted by Cresterk
(Post 5726082)
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The fit and finish actually looks better than our homegrown Mahindra & Tata vehicles. The BYDs of course blow all of them away.
Sad when you consider how long the Indian companies have been in the automotive business, and how new Vinfast and BYD are.
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Originally Posted by Cresterk
(Post 5726082)
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Originally Posted by TorqueKnight
(Post 5726103)
What we expect: Tesla
But what we actually got: VinFast
Already started worrying about the plight of future customers. We need to stay away from these junks. |
Some Americans making a video badmouthing a car from Vietnam, shouldn't really be a benchmark, for so many reasons :D.
I've seen Vinfast cars up close and personal and have been in them too. The overall driving dynamics, quality of materials, fit and finish is good - much better than what we are used to seeing here. The cars are really fast and solid in feel of build too. In my personal opinion, these guys can pose a serious threat to our established brands in the EV space.
Its only the exterior design language that is a bit of a turn off for me, and it tends to apply for pretty much all cars from the East. But we shouldn't dismiss the overall engineering of these cars already. They pack quite a surprising punch (pun not intended), and not surprising since they come from a country that has close relationship with the mother of anything powered by Li Ion in the world.
Quite a lot of engineering work on Vinfast vehicles has happened in India, they are pretty decent vehicles performance, quality and safety wise.
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Originally Posted by Reinhard
(Post 5726203)
Some Americans making a video badmouthing a car from Vietnam, shouldn't really be a benchmark, for so many reasons :D.
I've seen Vinfast cars up close and personal and have been in them too. The overall driving dynamics, quality of materials, fit and finish is good - much better than what we are used to seeing here. The cars are really fast and solid in feel of build too. In my personal opinion, these guys can pose a serious threat to our established brands in the EV space.
Its only the exterior design language that is a bit of a turn off for me, and it tends to apply for pretty much all cars from the East. But we shouldn't dismiss the overall engineering of these cars already. They pack quite a surprising punch (pun not intended), and not surprising since they come from a country that has close relationship with the mother of anything powered by Li Ion in the world. |
Vinfast went the Elon Musk Wannabe route (just like a particular CEO from Taxi aggretors turned Scooter Maker) and got their hands burned. But unlike Lord Elon Musk whose followers (mainly fake environmentalists & tech bros and keyboard warriors) think he can do no wrong, these companies do not have a reality distortion field around them and get called out for what they are.
But, I think they have learnt their lesson and are trying their best to rectify errors.
One thing Tesla got right is realizing before everyone else that Software and having dedicated charging infra is a very big part of the EV experience.
I'm all for embracing innovation, especially when it comes to a new player entering the automotive market. While their products might not yet reach the top tier, there's real potential, especially if they can match Tata and Mahindra on price while offering superior fit, finish, and quality control.
Many of the issues flagged in North American reviews of the VF8 seem to revolve around software glitches. It's reasonable to assume that the company is actively addressing these concerns, as no serious investor would enter a new market without a solid plan and confidence in their product's future.
Once they iron out the software kinks, there's every chance they could become strong competitors to the established brands. After all, innovation and improvement are key drivers in any industry. So, let's keep an open mind and see where this takes them.
Most of these car makers even including Indian ones in EV space are going to get blown away if BYD and MG bring their wide range to India.
If there is something lacking in either quality or not meeting the promises, it will be difficult for them to get a hold in the market. Also, not sure how Indians will embrace something from Vietnam.
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Originally Posted by PreludeSH
(Post 5727223)
Most of these car makers even including Indian ones in EV space are going to get blown away if BYD and MG bring their wide range to India. |
True that. I am really looking forward for BYD to bring in more models below Atto 3. They seem to be good value for money and are taking Tesla head on in Europe and China.
The new models look quite good without the "bling" of earlier models.
VinFast plant in Tamil Nadu to open six months ahead of schedule in first-half 2025.
Vietnamese EV maker, which broke ground on its integrated EV and battery plant at Thoothukudi in February 2024 and is known for speedily setting up new facilities, has advanced its commencement of manufacturing operations to the first half of CY 2025.
VinFast India's integrated EV plant at Thoothukudi is its third plant after the ones in Vietnam and the USA and second overseas (after the US). Billed to have a manufacturing capacity of 150,000 EVs per annum, the facility is expected to generate employment opportunities for up to 3,500 people.
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VinFast has chosen to do so in India, which is the world’s third-largest automobile market and one of the fastest-growing global economies, is a strategic plan designed to cater to both the domestic Indian market as well as made-in-India EV exports to South Asian, Middle Eastern and African markets. Furthermore, given the strength of the Indian automotive component manufacturing ecosystem, the India project is also a key part of VinFast’s overall goal to strengthen its supply chain for global expansion.
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India-bound VinFast EVs
VinFast is slated to enter the Indian EV market with two completely built import models – a compact SUV (VF e34) and a crossover hatchback (VF 5) before localised manufacturing begins.
In May 2024, the Vietnamese OEM took the covers off the new VF 3 electric SUV in its home market. While there is no confirmation about the VF 3’s India launch, the model’s design was patented in India a few months ago, which means that it could be under consideration for our market.
In addition to building the manufacturing facilities in Tamil Nadu, VinFast also plans to develop a nationwide dealership network. This will enable it to build brand presence, considering that VinFast is, at present, not so well known in India. VinFast and the Tamil Nadu government will also explore collaboration in setting up a charging station network.
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