VinFast and Tesla are entering the Indian market, but with contrasting approaches to investment, pricing, and localisation
While Tesla imports Model Y at a steep cost, VinFast plans to build a $2 billion plant in Tamil Nadu to produce and export EVs
India’s legacy carmakers will be impacted unequally by EV adoption. The transition may favour some and strain others
Unlike ICE vehicles, EVs concentrate value in fewer stages—mainly batteries—leaving India’s auto-component sector exposed
India incentivises EV adoption but restricts key foreign investment. Balancing clean energy goals with economic control remains tricky
From charging infrastructure to grid load and standardisation, India’s EV transition hinges on regulatory clarity and policy foresight