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Vinfast: Vietnamese Tesla challenger wants to build electric cars in Germany

2022-01-06T10:19:43.531Z


Tesla's plant in Grünheide is not the only new car factory in Germany: The Vietnamese competitor Vinfast has announced its own production site in Germany.


Enlarge image

The Vinfast model VF9 was presented at the CES technology fair in Las Vegas

Photo: STEVE MARCUS / REUTERS

After Tesla, another foreign car manufacturer is looking for a production site for electric cars in Germany.

The Vietnamese company Vinfast has announced a corresponding cooperation with the German foreign trade agency GTAI.

Since Corona in particular, the time has passed to transport cars around the world, said the new Vinfast boss Le Thi Thu Thuy, according to a joint statement. You have to produce close to the market in order to convince customers. A production site in the largest European economy is a milestone for the company's strategy. Nothing was disclosed about the size, criteria or timeframe of the investment.

The first Vietnamese car brand Vinfast is pursuing ambitious goals with electric vehicles on the world market and has set up a highly automated production facility in Hai Phong. At the technology trade fair CES in Las Vegas, the company said it presented a complete electric fleet with five vehicles of various sizes. The two largest cars could already be ordered. The largest shareholder of the parent company Vingroup is the billionaire Pham Nhat Vuong.

Vinfast caused a sensation in this country last year when the former Opel boss Michael Lohscheller was introduced as the new CEO.

After only four months in office, the group announced last week that the 53-year-old would “return to Europe for personal reasons”.

The carmaker wants to start in Germany at the end of 2022.

hba / dpa

Source: spiegel

All business articles on 2022-01-06

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