$VFS Vinfast Breaks Ground on Indonesian Plant to Produce 50,000 EVs Annually
Vinfast breaks ground on a new EV plant in Subang, Indonesia.
Plant to produce 50,000 EVs annually with an initial investment of $200 million.
Facility includes body shop, general assembly, paint shop, and testing area.
Production of right-hand drive e-SUV models: VF 3, VF 5, VF 6, VF 7.
Plant expected to be operational by the end of 2025.
Strategic expansion aimed at cementing leadership in Southeast Asia's EV market.
Vinfast delivered 21,747 EVs in H1 2024, up 92% from H1 2023.
Targeting 80,000 EV deliveries by end of 2024.
North Carolina plant production delayed to 2028.
Plant to produce 50,000 EVs annually with an initial investment of $200 million.
Facility includes body shop, general assembly, paint shop, and testing area.
Production of right-hand drive e-SUV models: VF 3, VF 5, VF 6, VF 7.
Plant expected to be operational by the end of 2025.
Strategic expansion aimed at cementing leadership in Southeast Asia's EV market.
Vinfast delivered 21,747 EVs in H1 2024, up 92% from H1 2023.
Targeting 80,000 EV deliveries by end of 2024.
North Carolina plant production delayed to 2028.
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