The base spans 40,000 square metres and has an annual production capacity of 350,000 units. With the first batch of "Made in Vietnam" TAILG long-range electric vehicles (EVs) having rolled off the production line, TAILG will use its Vietnam base as a hub to expand operations across Southeast Asia and accelerate its global expansion.
As global electrification speeds up, EV demand is driving trade growth. In 2023, TAILG advanced its globalisation strategy, targeting Southeast Asia with Vietnam and Indonesia as key benchmark markets.
Currently, the electrification rate of two-wheelers in Vietnam is only 9 per cent. With the support of policies such as "motorcycle restrictions" and "fuel to electricity" transition, it is expected that the value of the electric two-wheeler market in Vietnam will exceed $8 billion in 2025.
As TAILG's 10th global research and development and manufacturing base, it integrates technology research and development, intelligent manufacturing, sales, and after-sales services.
The company plans to collaborate with channel partners and industry players to focus on long-range EVs and drive the dynamic growth of Vietnam's electric two-wheeler market.
Xiao Tianbao, director of the Vietnam division of TAILG's Overseas Business, announced a three-year strategic plan and signed cooperation agreements with the first batch of strategic clients.
As the United Nations' e-mobility partner, TAILG will continue to provide high-quality products and services to Vietnam and Southeast Asia markets. It will also actively promote public welfare projects, bringing China's experience and achievements in clean energy transportation to the country.
Chen Yingsheng, vice president of TAILG Group and president of the Overseas Division, also stated that TAILG will develop a localised and empowering marketing model in Vietnam to drive comprehensive growth in Southeast Asia and to advance the vision of creating another TAILG hub overseas.
Analog Devices teams up with VinFast on EV solutions Analog Devices, Inc. (ADI), a global semiconductor leader, and VinFast, a leading Vietnamese electric vehicle (EV) manufacturer, have announced their partnership aimed at advancing Battery Management System (BMS) solutions for Electric Vehicles (EVs) and Energy Storage Systems (ESS). |
Phillips mulling an EV factory in Bac Ninh South Korea's Phillips is mulling developing an electric vehicle (EV) and EV battery manufacturing in the northern province of Bac Ninh. |
Consumers and dealer concerned about future of EVs On July 31, KPMG in Vietnam, in collaboration with EuroCham and Cho Tot Xe, held an event for the launch of the report "Driven by Voltage: Navigating the electric vehicle landscape." |
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