VinFast Starts Construction of New EV Plant in Indonesia

VinFast Auto, a leading Vietnamese electric vehicle (EV) manufacturer, has officially commenced construction of a new EV assembly plant in Subang City, West Java Province, Indonesia. The groundbreaking event on July 15 marks a significant milestone in VinFast's ambitious expansion into the Southeast Asian market. 

The new facility is expected to play a crucial role in VinFast’s strategy to establish itself as a key player in the global EV market. Strategically located in Indonesia, a country with a growing demand for electric vehicles and a strong commitment to green energy, the plant is poised to capitalize on regional opportunities. The plant's location also provides easy access to key supply chains and emerging markets across Southeast Asia. 

VinFast’s investment in Indonesia underscores the company’s commitment to sustainable development and its vision of promoting electric mobility worldwide. The new assembly plant is expected to bolster local employment, stimulate economic growth, and contribute to Indonesia's broader goal of reducing carbon emissions. VinFast’s move into Indonesia signals a significant step in the company's ongoing efforts to expand its footprint in the international EV industry.