VinFast appoints Pham Sanh Chau as its India CEO

TusharK · 17th November 2023, 12:39

Vietnam-based EV maker, VinFast Auto, has appointed former diplomat Pham Sanh Chau as its India CEO.

VinFast appoints Pham Sanh Chau as its India CEO-vietnamambassadorofindiathankedindiangovernmentforthetimelyhelp.jpg

Chau is a Vietnamese politician and educator. He has been the ambassador of Vietnam to India, Nepal and Bhutan and has played a vital role in strengthening the bilateral ties between India and Vietnam.

VinFast plans to enter the Indian EV market in 2024. It has set up its India headquarters in Gurgaon and is in the process of hiring people in key operational roles. Earlier, the company appointed former Kia India sales head Ashwin Patil as its Vice President and Director.

Initially, VinFast plans to import two models via the CBU route. However, the company is also looking to start local manufacturing and is reportedly in talks with Ford to acquire the latter’s Chennai factory.

Source: ET Auto

Link to Team-BHP news

Briarean · 17th November 2023, 14:51

VinFast seems to be trying to utilize the proposed Govt EV policy on tax cuts on EV Imports.

As per the news and Team-BHP update:
"The government is reportedly working on an EV policy designed to enable global car manufacturers to import electric vehicles at reduced duty rates, provided they commit to eventually start the manufacturing process in India."

The policy is believed to lure Tesla, but some aspiring EV makers will find this deal lucrative.

Tesla is still sitting on the fence as Tesla's net income slumped by 44 percent in the third quarter of this year as compared to the same time last year.

Tesla CEO Elon Musk stated that he would wait for economic stability before stepping up the company's planned production in Mexico.

Source:
https://www.reuters.com/business/aut...ad-2023-10-19/

https://insideevs.com/news/693887/te...m-ev-downturn/

17th November 2023, 12:39	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,275 Thanked: 55,893 Times	VinFast appoints Pham Sanh Chau as its India CEO Vietnam-based EV maker, VinFast Auto, has appointed former diplomat Pham Sanh Chau as its India CEO. Chau is a Vietnamese politician and educator. He has been the ambassador of Vietnam to India, Nepal and Bhutan and has played a vital role in strengthening the bilateral ties between India and Vietnam. VinFast plans to enter the Indian EV market in 2024. It has set up its India headquarters in Gurgaon and is in the process of hiring people in key operational roles. Earlier, the company appointed former Kia India sales head Ashwin Patil as its Vice President and Director. Initially, VinFast plans to import two models via the CBU route. However, the company is also looking to start local manufacturing and is reportedly in talks with Ford to acquire the latter’s Chennai factory. Source: ET Auto Link to Team-BHP news Last edited by TusharK : 17th November 2023 at 12:40.
	(3) Thanks

17th November 2023, 14:51	#2
Briarean BHPian Join Date: May 2022 Location: Bangalore Posts: 44 Thanked: 154 Times	Re: VinFast appoints Pham Sanh Chau as its India CEO VinFast seems to be trying to utilize the proposed Govt EV policy on tax cuts on EV Imports. As per the news and Team-BHP update: "The government is reportedly working on an EV policy designed to enable global car manufacturers to import electric vehicles at reduced duty rates, provided they commit to eventually start the manufacturing process in India." The policy is believed to lure Tesla, but some aspiring EV makers will find this deal lucrative. Tesla is still sitting on the fence as Tesla's net income slumped by 44 percent in the third quarter of this year as compared to the same time last year. Tesla CEO Elon Musk stated that he would wait for economic stability before stepping up the company's planned production in Mexico. Source: https://www.reuters.com/business/aut...ad-2023-10-19/ https://insideevs.com/news/693887/te...m-ev-downturn/
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