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VinFast breaks ground on new EV assembly plant in Indonesia

Vietnamese EV maker VinFast has officially broken ground on its new electric vehicle assembly plant in Subang, West Java, Indonesia. This strategic move into one of Southeast Asias most promising EV markets is set to create numerous job opportunities for the local workforce, underscoring VinFasts commitment to expanding its presence in the region and supporting Indonesias burgeoning electric vehicle industry.

The new VinFast assembly plant, located in the emerging industrial hub of Subang, represents an initial investment of around 200 million USD. 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 Q4 2025, the plant will produce right-hand drive versions of VinFasts e-SUV models, including VF 3, VF 5, VF 6 and VF 7 for the Indonesian market.

General H.Moeldoko, Chief of Presidential Staff of Republic Indonesia, shared: “VinFasts 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. The Indonesian government heavily encourages foreign investment entering our country, especially in the automotive industry sector. We believe that VinFast presence will bring technological innovation and knowledge transfer that is much needed to increase the competitiveness of the national automotive industry”.

Mr. Temmy Wiradjaja, CEO of VinFast Indonesia, remarked: “The groundbreaking event, coming just months after VinFasts official market debut in Indonesia, highlights the company’s strategic expansion and competitive drive in the region, marking a key milestone in our strategy to become a leading player in one of the regions most promising electric vehicle markets. We believe this project will demonstrate VinFasts long-term commitment to Indonesia, boosting the electric vehicle sector, supporting economic growth, and enhancing the quality of life for Indonesian.”

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.

Jul 16, 2024Blagojce Krivevski
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Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

July 16, 2024 Electric Car NewsIndonesia, VinFast
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