VinFast, a key competitor to Tesla, is strategically pivoting towards the Asian market, with plans to establish assembly plants in India by June and Indonesia by October. This move comes as VinFast encounters obstacles in the U.S. market. The Vietnamese automaker’s decision to prioritize Asian markets aligns with its expansion strategy and highlights the region’s growing importance in the electric vehicle industry. Meanwhile, Tesla, a pioneer in the EV sector, has shown reluctance to venture into India, citing concerns over steep import duties as a major deterrent. This contrast in approach underscores the differing strategies of the two prominent players in the electric vehicle market. VinFast’s ambitious plans to set up manufacturing facilities in key Asian countries signal its commitment to tapping into the region’s vast potential and meeting the rising demand for electric vehicles. As competition intensifies and market dynamics evolve, both VinFast and Tesla are navigating complex challenges while striving to carve out a larger market share in the rapidly expanding electric vehicle segment in India and beyond.