VINFAST TO INAUGURATE ITS AUTOMOBILE FACTORY IN JUNE 2019
Tue, 04/16/2019 - 03:45
On 16 April 2019, VinFast Production and Trading LLC announced that the inauguration and start of production of its automobile manufacturing plant will take place in June 2019 instead of September 2019 as previously planned. It only takes VinFast 21 months to go from the groundbreaking, construction, installation, trial run to the official production phase of its plant, creating a record in the global automotive industry.
From the end of Quarter I/2019, VinFast has continuously sent lots of vehicles from its trial production phase to 14 countries in 4 continents for quality testing. VinFast cars have received very positive reviews after rounds of rigorous impact and technical testing in accordance with high international standards.
The test results of the pre-production vehicles reflect the completion of the production line and the readiness of the plant. It is an important basis for VinFast to move the time of the inauguration from September 2019 to June 2019, three months earlier than in the plan.
The total time of constructing and installing the workshops, production lines and trial manufacturing has been shortened to 21 months. The record-high speed is a miracle in the world’s automobile industry, especially for a complete newcomer like VinFast.
"VinFast cars’ quality has been highly rated by world-leading testing centers, which confirms the capability and completion level of the production lines. We are working on the very last stages to inaugurate the plant and start series production in June 2019. VinFast is ready to bring world-class, premium automobiles to Vietnamese consumers,” said Ms. Le Thi Thu Thuy, the Chairwoman of VinFast.
VinFast’s car manufacturing plant is built in accordance with Technology 4.0 standards, and is one of the largest and most advanced plants in Southeast Asia. In the factory, production processes are fully synchronized and closed with stamping, welding, painting, assembly and engine workshops continuously connected and automated by thousands of robots.
According to the plan, VinFast will officially sell its Fadil CUV model from Quarter II/2019. The LUX sedan and SUV models will come onto the market in Quarter III/2019.
VinFast is a subsidiary of Vingroup - one of the largest privately-held multi-sector corporation in Asia with the market capitalization of nearly 16 billion US dollars. The company is currently operating in the industry of automotive and electric scooter manufacturing at its factory in Cat Hai - Hai Phong.
Milestones in the 21-month process to complete VinFast complex:
- September 2017: Commenced the construction of the automotive and electric motorcycle production complex in Cat Hai - Hai Phong.
- October 2017: Announced first car designs
- October 2018: Announced first two concept cars at the Paris Motor Show 2018.
- November 2018: Inaugurated the electric motorcycle factory and launched the first product line, VinFast Klara, in lithium-ion battery version and lead-acid battery version.
- March 2019: Completed the pilot production of the first Lux SA2.0 and sent a series of vehicle overseas for testing.
- June 2019: To officially inaugurate the automobile production plant and begin car manufacturing.