Vietnam’s VinFast to Invest $1.2B in Indonesian EV Assembly...

Vietnam’s VinFast to Invest $1.2B in Indonesian EV Assembly Plant

_{Jakarta. Vietnam-based automotive company VinFast Auto Ltd. plans to construct an electric vehicle assembly plant in Bekasi, West Java, with an investment of $1.2 billion, according to reports on Sunday.}

_{The Bekasi plant will serve as VinFast’s regional production base for right-hand drive EVs.}

_{“It will supply right-hand drive electric vehicles to countries like Thailand, Singapore, Malaysia, and Australia,” VinFast Indonesia marketing director Surachman Nugroho was quoted by Antara news agency as saying in Jakarta.}

_{In addition, the assembly plant will also produce EV batteries and electric scooters, he added. Surachman also said the assembly plant will occupy a land of 200 hectares in Bekasi, just east of Jakarta, but he didn’t go into details.}