Vietnamese electric vehicle maker VinFast signs the Letters of Intent with its first five dealers in Indonesia. (Photo: VNA) The signing is a step forward in VinFast's plan to expand its distribution network in Indonesiaas well as strengthen brand recognition and competitive capacity in the globalEV market.
The dealers are the BAM, GNA and GSU with headquarters in Jakarta, the MCA basedin Medan and Majesty in Batam, who will sell VF 5, VF e34, VF6 and VF7 modelsright after they are launched in the Indonesia market.
Prices and sales details, including ordertime and aftersales policies will be announced in the first half of this year.
VinFast Indonesia CEO Tran Quoc Huy said thatVinFast is proud to cooperate with leading dealers in Indonesia so as toempower consumers with diverse choice for smart and environmentally-friendly transportationsolutions.
The cooperation will not only lay a solid developmentfoundation for VinFast and its partners but also unleash boundless potential ofthe green transport sector in the locality and the region as a whole, he added.
BAM director Hartono Kurniawan saidhe expects the strategic cooperation will bring the Indonesian market moreinternational-standard vehicles with modern designs, competitive prices andsound aftersales policies, helping develop the local electric automobile industry.
VinFast eyes expansion of EV distribution in majorcities across Indonesia in 2024. The move demonstrates VinFast's determination to quickly become thepreferred EV brand for Indonesian consumers, as well as illustrates its globalvision, including the goal of promoting the zero-emission transportationrevolution for a green future for everyone.
Thecompany will build an electric vehicle manufacturing plant in Indonesiawith a projected capacity of 50,000 cars per year.
The planned factory is expected to create thousands of jobs and contribute tothe development of a robust domestic electric vehicle industry. Uponoperational, the plant will also represent a key link in VinFast's globalelectric vehicle supply chain./.
VNA
