Liu Jia, General Director of YADEA Vietnam, said the factory is a key component of YADEA’s global strategy, designed to primarily serve the Vietnamese market in the initial stage, while gradually expanding its capacity to support exports to neighbouring Southeast Asian countries.
  • Maeve@kbin.earth
    2·
    4 days ago

    The first phase of the project involves an investment of 100 million USD, with a designed capacity of one million vehicles per year and the potential to reach two million units annually at full capacity. Liu said YADEA is pursuing a long-term development strategy, prioritising strategic value and market expansion rather than short-term profit.