VinFast builds new electric vehicle assembly plant in Indonesia
VGP - VinFast Auto held a groundbreaking ceremony for its new electric vehicle (EV) assembly in Subang, West Java, Indonesia, on July 15.
The groundbreaking ceremony for VinFast new electric vehicle assembly, Subang, West Java, Indonesia, July 15, 2024 - Photo: vov
This strategic move into one of Southeast Asia's most promising EV markets is set to create numerous job opportunities for the local workforce, underscoring VinFast's commitment to expanding its presence in the region and supporting Indonesia's burgeoning electric vehicle industry.
The new VinFast assembly plant, located in the emerging industrial hub of Subang, represents an initial investment of around US$200 million.
The facility will have an annual capacity of 50,000 vehicles, and house several key production areas such as Body Shop, General Assembly Shop, Paint Shop and testing area, etc.
Scheduled to commence operations in the fourth quarter of 2025, the plant will produce right-hand drive versions of VinFast's e-SUV models, including VF 3, VF 5, VF 6 and VF 7 for the Indonesian market.
The project is anticipated to generate thousands of local jobs, increase the skilled labor rate, and contribute significantly to the economic and social development of the local community.
The project is also poised to make a substantial impact on promoting green transportation in Indonesia.
Addressing the event, General H. Moeldoko, Chief of Presidential Staff of Indonesia shared, VinFast's presence here will not only have a positive impact on the regional economy, but will also provide new job opportunities and improve the welfare of the surrounding community.
He expressed his belief that VinFast presence will bring technological innovation and knowledge transfer that is much needed to increase the competitiveness of the national automotive industry.
In parallel with bolstering its global production capabilities, VinFast has swiftly established a robust business presence and increased brand recognition in Indonesia.
The company has launched two right-hand drive electric SUV models, the VF 5 and VF e34, opened dealership stores, implemented flexible sales policies including its pioneering battery subscription program.
With a long-term vision, VinFast continues to innovate and strive towards becoming a high-tech industrial leader in Southeast Asia with global influence./.
