India, April 23 -- The Indian automotive industry is ramping up its transition to electric vehicles (EVs) in response to a new government policy promoting environmentally friendly mobility solutions. Established players such as Maruti Suzuki, Hyundai, Mahindra & Mahindra, and Tata Motors are preparing to launch a range of new EV models across various segments. Meanwhile, newcomers like VinFast are eyeing the Indian EV market with interest.

VinFast Auto has shown enthusiasm for India's recent EV policy changes, expressing plans to introduce a diverse range of eco-friendly, high-quality SUVs at competitive prices. The company had previously committed to investing $500 million in India, including the establishment of an EV manufacturing fac...