Electric vehicle maker VinFast Auto Ltd. said it plans to begin selling two made-in-India cars in the South Asian country later this year, marking the Vietnamese carmaker’s debut in the world’s third-biggest car market.

Vietnam's electric vehicle maker VinFast Auto on Saturday said its two electric SUVs -- VF 7 and VF 6 -- will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential.

VinFast, the Vietnam-based EV brand, is showcasing nearly its entire global lineup at the ongoing Auto Expo, with the VF 6 and VF 7 SUVs set to be assembled in India. The firm plans to begin producing its first electric vehicle by the second half of this year,

The company, which is investing USD 500 million to set up its manufacturing plant at Tuticorin in Tamil Nadu, expects completion of the facility in the second half of 2025 after which it will launch the products.

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By Nandan Mandayam and Aditi Shah NEW DELHI (Reuters) - Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China's BYD,