KITA Group partners with Chery to develop electric commercial vehicles in Vietnam Reported on May 30, 2025, KITA Group officially signed a cooperation agreement with Chery Commercial Vehicle, a subsidiary of China’s Chery Auto Group, to invest in a manufacturing facility in Vietnam. The factory will produce, assemble, and distribute electric commercial vehicles, with an annual capacity of 20,000 units, targeting both the Vietnamese market and t...

News  Updated at: 2025/06/05

arted in September 2023, with trial production completed in early 2025 and full-scale operations commencing in February 2025. With an annual capacity of 67,000 tons of prepolymers, polyester polyols, and polyurethane resins—tripling the output of Dongsung Chemical’s existing PU plants in Korea, Vietnam, and China—the facility will serve key industries, including automotive and electronics. It is also expected to generate approximately USD 1...

News  Updated at: 2025/05/08

HMT inaugurates new airbag manufacturing facility in Hai Phong, Vietnam On April 20, 2025, HMT Hai Phong New Technical Materials Co., Ltd. held a ceremony to mark the official commencement of operations at its new factory in An Duong Industrial Park, Hai Phong, Vietnam. After 6 years of growth from a modest facility with a small core team, HMT is now celebrating a major milestone with the launch of its own modern factory in a prime industrial loc...

News  Updated at: 2025/04/23

2025, GWM Thailand is ramping up exports from the Rayong-based Smart Factory in Q2/2025 to further support its reach to ASEAN, Latin America, and Australia. It will export Tank 500 HEV to Malaysia, while continuing to supply the Tank 300 HEV to Indonesia and the Haval H6 HEV and Haval Jolion HEV to Vietnam. In April, GWM begins global exports of the Thailand-made new Ora Good Cat. This BEV will be exported to Brazil, Australia, and New Zealand. T...

News  Updated at: 2025/04/21

Geely officially enters Vietnam; Coolray SUV launched On March 21, 2025, Geely Auto officially marked its entry into the Vietnamese market. The launch event also saw an unveiling of the powerful, intelligent SUV Geely Coolray as its first model.  In Q2, Geely plans to introduce the flagship luxury SUV Monjaro and the next-generation pure electric SUV, the Geely EX5, to Vietnamese customers.  Over the next 3 years, Geely plans to introduce 9 mod...

News  Updated at: 2025/03/25

Mitsubishi Motors premieres new Xforce HEV in Thailand; locally assembled On March 20, 2025, Mitsubishi Motors premiered a new HEV model of the Xforce compact SUV in Thailand ahead of its official public appearance at the upcoming Bangkok Motor Show 2025. Priced from THB 899,000, the Xforce HEV is locally produced at the Laem Chabang facility. Its 3 available variants are Ignite, Ultimate, and Ultimate X. This 5-passenger compact SUV was develope...

News  Updated at: 2025/03/20

TBP Auto ramping up production at brake drum plant in Vietnam, now fully operational Announced on February 12, 2025, TBP Auto, a leading supplier of high-quality commercial vehicle parts, has ramped up manufacturing at its brake drum factory in Thai Binh, Vietnam. With this plant fully operational, TBP Auto is expanding export partnerships and distributor networks in the U.S. and Canada With production underway since 2024, the facility is already...

News  Updated at: 2025/02/13

China-based Haohua inaugurates phase I operations at tire plant in Bình Phuoc, Vietnam Reported on December 16, 2024, a China-based Shandong Haohua Tire has officially started the phase I operations at its plant in Vietnam.  Spanning 43 hectares in the Minh Hung-Sikico Industrial Park, Bình Phuoc province, this USD 500 million tire plant’s construction began in September 2023. With a designed capacity of 14.4 million tires per year, the fac...

News  Updated at: 2024/12/23

of its export volumes by 2030. It also highlighted its role as a significant export hub for Kia Corporation, accounting for 50% of the corporation’s CKD exports globally.Kia India also surpassed a milestone of exporting 100,000 CKD units since commencing shipments in June 2020 from its Anantapur facility. For 2024, it expects to export over 38,000 CKD units to key markets like Uzbekistan, Ecuador, and Vietnam. Based on the Kia India press rele...

News  Updated at: 2024/11/25

ers with OEMs, Charge Point Operators (CPOs), and turn-key EV charging providers in sectors ranging from hospitality to fleet management.  Zerova actively supports the National Electric Vehicle Infrastructure Program (NEVI) and the Build America/Buy America (BABA) programs with a new manufacturing facility in Phoenix, Arizona, adding to its established production bases in Taiwan, China, Vietnam, and Japan. (Zerova Technologies release on May 20,...

News  Updated at: 2024/05/21

New Eagle expands U.S. headquarters and opens new global offices On April 18, New Eagle, a leader in embedded software solutions and electronic control units, announced its relocation to a larger headquarters near downtown Ann Arbor and expansion in the Asia-Pacific region with new offices in Hyderabad, India, and Ho Chi Minh City, Vietnam.  The new 60,000-square-foot headquarters facility features a fully equipped, state-of-the-art Vehicle Inte...

News  Updated at: 2024/04/20

etime orders worth INR 2.3 billion with EVs constituting over 30% of the orders won contributed by key order wins for smart keys, die casting, clusters, and DC-DC converters. It also won multiple first-time orders for legacy and new technology products from key OEMs. It also inaugurated a smart key facility in Vietnam, to serve customers in the ASEAN region. It also mentioned that it is proactively enhancing capacities for smart keys, EV products...

News  Updated at: 2024/02/02

VinFast to attend 2024 NADA convention On January 31, VinFast announced they will be attending the 2024 NADA convention in Las Vegas, Nevada February 1-4 2024. This marks a significant step for the OEM towards expanding its cooperation opportunities with car dealerships within the US market, according to the press release. The Vietnamese OEM will display two new e-SUV models, including the VF8 (D-segment) and VF9, along with an electric bike.  T...

News  Updated at: 2024/02/01

VinFast, Vietnam to set up EV facility in Tamil Nadu, India On January 6, VinFast and the Tamil Nadu State government signed a memorandum of understanding (MoU) to set up an electric vehicle facility and work toward a total investment of up to USD 2 billion, with an intended commitment of USD 500 million for the first phase of the project, spanning five years from the commencement date. The plant will have an annual capacity of up to 150,000 unit...

News  Updated at: 2024/01/08

COP28: VinFast signs LOI with DFC considering USD 500 million loan to VinFast for battery plant project in Vietnam Announced on December 3, 2023, VinFast Auto and the United States International Development Financial Corporation (DFC) have signed a letter of Interest (LOI) to consider a formal application by VinFast for a USD 500 million loan to set up a lithium-ion battery manufacturing facility in Vietnam.  Within the framework of COP28, the a...

News  Updated at: 2023/12/06

Trelleborg Sealing Solutions opens first manufacturing facility in Vietnam Trelleborg Sealing Solutions started production at its first-ever manufacturing facility in Vietnam to serve automotive and industrial markets. The 8,000-square-meter facility produces O-rings and custom-designed engineered molded components in a wide range of elastomer materials using the latest compression and injection molding technology and plate heat exchanger gaskets...

News  Updated at: 2023/12/05

Skoda Auto Volkswagen India inaugurates Parts Expedition Centre in Pune for exports to ASEAN Region On October 17, Škoda Auto Volkswagen India Private Limited (SAVWIPL) inaugurated its Parts Expedition Centre (PEC) at the Volkswagen Group’s Headquarters in Chakan, Pune. This 16,800-square metre facility will accelerate its export operations in the ASEAN region, starting with Vietnam from 2024. The centra has an initial capacity of 27,000 car s...

News  Updated at: 2023/10/17

Australia-based EcoGraf to evaluate with VinES development of localized battery anode material facility in Vietnam Announced on October 9, 2023, the Australia-based diversified battery anode materials (BAM) firm EcoGraf Limited has signed a non-binding Memorandum of Understanding with Vietnam based VinES Energy Solutions JSC (VinES), which is a clean energy solutions provider and a lithium-ion battery manufacturer, to conduct a feasibility study ...

News  Updated at: 2023/10/11

Skoda Auto officially enters Vietnam with launch of Karoq and Kodiaq SUVs; business plans unveiled On September 23, 2023, Skoda Auto celebrated its official market entry in Vietnam with the launch of the Karoq and Kodiaq SUVs, imported from Europe (Kvasiny plant, Czechia), with local sales starting on September 25 at Skoda’s first local dealership (in Hanoi). From H2/2024, the first Skoda Kushaq units will be shipped from the Pune facility in ...

News  Updated at: 2023/09/25

Murata Manufacturing invests JPY 4.32 billion to build production facility in Da Nang, Vietnam Murata Manufacturing Co., Ltd. (Murata Manufacturing) announced that Murata Manufacturing Vietnam Co., Ltd., a manufacturing subsidiary based in Da Nang, Vietnam, has completed the construction of a new production building, which was started in June 2022. By establishing this new production facility, the company will set up a structure to meet the incre...

News  Updated at: 2023/08/30