VinFast begins EV assembly plant in Indonesia

VinFast Auto has officially commenced construction on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia. This strategic expansion into one of Southeast Asia’s burgeoning EV markets underscores VinFast’s commitment to regional growth and supporting Indonesia’s growing electric vehicle industry.

The new plant represents an initial investment of approximately USD200 million and will have an annual production capacity of 50,000 vehicles. The facility will encompass several key production areas including a Body Shop, General Assembly Shop, Paint Shop, and testing areas.

Scheduled to begin operations in Q4 2025, the plant will produce right-hand drive versions of VinFast’s e-SUV models such as the VF 3, VF 5, VF 6, and VF 7 for the Indonesian market. This expansion is expected to create thousands of local jobs, enhance the skilled labour force, and significantly contribute to the local economy and community development.

General H. Moeldoko, chief of Presidential Staff of Indonesia, emphasised the positive economic impact, job creation, and welfare improvement for the local community. He highlighted the Indonesian government’s support for foreign investment, particularly in the automotive sector, and the expected technological innovation and knowledge transfer brought by VinFast.

Temmy Wiradjaja, CEO of VinFast Indonesia, highlighted this groundbreaking event as a key milestone in VinFast’s strategy to become a leading player in the region’s promising electric vehicle market. He reiterated VinFast’s long-term commitment to Indonesia, aiming to boost the EV sector, support economic growth, and enhance the quality of life for Indonesians.

In addition to expanding its production capabilities, VinFast has rapidly established a strong business presence in Indonesia, launching two right-hand drive electric SUV models, the VF 5 and VF e34, opening dealership stores, and implementing flexible sales policies including a pioneering battery subscription program. VinFast continues to innovate, striving to become a high-tech industrial leader in Southeast Asia with a global influence.

VinFast (NASDAQ: VFS), a subsidiary of Vietnam’s Vingroup JSC, is dedicated to making electric vehicles accessible to everyone. The company’s product line-up includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently expanding its distribution and dealership network globally, focusing on key markets in North America, Europe, and Asia.