Vietnamese automotive start-up VinFast will be unveiling its new sedan and SUV at the Paris Motor Show in October. As reported earlier, the Pininfarina-designed models will emerge from the company’s joint venture with AAPICO Hitech for automobile body stamping and welding in the country, while partnering German engineering group EDAG for the first EV to enter the Vietnamese market. The sedan and SUV are set to go on sale in Vietnam next year.

The automaker has lofty goals; it hopes to be the top car manufacturer in ASEAN with a target of 500,000 units per annum by 2025. The company expects to produce 100,000 to 200,000 cars a year in the first phase, which includes the aforementioned sedan and SUV, as well as electric motorcycles.

“We have the resources, scalability and commitment to become a significant new player in the global automotive industry. We are immensely proud to be the first volume automotive manufacturer in Vietnam, and the first to participate in a major international motor show,” said CEO of VinFast Trading James DeLuca.

Earlier this month, General Motors (GM) announced that it will transfer its Vietnamese operations to VinFast, which has also been appointed as the exclusive distributor of Chevrolet cars in Vietnam. Previously for Chevrolet assembly, the existing plant will be optimised for the manufacture of the upcoming models, and Vietnam-market Chevys were imported.

This adapted manufacturing plant will supplement the purpose-built, 335-hectare facility which is currently being constructed in Hai Phong, northern Vietnam, which the company says is one of Vietnam’s largest-ever industrial projects.

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