China's TAILG commences production of electric two-wheelers in Vietnam

August 15, 2024 | 12:17
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TAILG, a Chinese electric two-wheeler company, commenced production at its 10th global smart manufacturing base in the northern province of Hung Yen on August 12.
China's TAILG commences production of electric two-wheelers in Vietnam

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.

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By Thanh Van

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