Subang, Indonesia – Media OutReach Newswire – July 15, 2024 – VinFast Auto has officially started construction of its new electric vehicle assembly plant in Subang, West Java, Indonesia. This strategic move into one of Southeast Asia’s most promising electric vehicle markets will create numerous job opportunities for local workers, underscoring VinFast’s commitment to expanding its presence in the region and supporting Indonesia’s burgeoning electric vehicle industry.
The groundbreaking ceremony for VinFast’s electric vehicle assembly plant in Subang, Indonesia was attended by Head of the Presidential Office of the Republic of Indonesia Moeldoko (white shirt – center), Vietnamese Ambassador to Indonesia Ta Van Tong (gray shirt – center), VinFast Indonesia CEO Temmy Wirajaja (second from the right) and Nguyen Duc Thanh, Senior Advisor to the Chairman of Vingroup (third from the right).).
Located in the emerging industrial hub of Subang, the new VinFast assembly plant represents an initial investment of approximately $200 million. The facility will have a capacity to produce 50,000 vehicles per year and will feature several main production areas, including a body shop, general assembly plant, paint shop and test centre.
The factory, which is scheduled to begin operations in the fourth quarter of 2025, will produce right-hand drive versions of VinFast’s e-SUV models, including the VF 3, VF 5, VF 6 and VF 7 for the Indonesian market.
The project is expected to create thousands of local jobs, increase the proportion of skilled workers, and make a significant contribution to the economic and social development of the local community, while also having a significant impact on promoting green transportation in Indonesia.
General H. Moeldoko, Chief of Staff of the President of the Republic of Indonesia; share:
“VinFast’s arrival will not only have a positive impact on the local economy, but will also provide new job opportunities and improve the welfare of the surrounding community. The Indonesian government strongly encourages foreign investment in our country, especially in the automotive sector. We are confident that VinFast’s arrival will bring much-needed technological innovation and knowledge transfer to enhance the competitiveness of the domestic automotive industry.”
Temmy Wiradjaya, CEO of VinFast IndonesiaHe stated as follows:
“This groundbreaking event, coming just months after VinFast’s official market debut in Indonesia, underscores the company’s strategic expansion and competitive ambitions in the region and marks a key milestone in our strategy to become a major player in one of the region’s most promising electric vehicle markets. This project demonstrates VinFast’s long-term commitment to Indonesia, which we believe will help promote the electric vehicle sector, support economic growth and improve the quality of life for Indonesians.”
Parallel to strengthening its global production capabilities, VinFast has rapidly established a strong presence and increased brand awareness in Indonesia, where it launched two right-hand drive electric SUV models – the VF 5 and VF e34 – opened dealerships and implemented a flexible distribution policy, including a pioneering battery subscription program.
With a long-term vision, VinFast continues to innovate and strives to become a high-tech industry leader in Southeast Asia with global influence. Despite the short-term challenges facing the electric vehicle industry, VinFast remains adamant in expanding its footprint in the region, laying a solid foundation for the irreversible growth of electric vehicles.
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