WNAM REPORT: TAILG, a leading electric two-wheeler company, has officially commenced production on its 10th global smart manufacturing base in Hung Yen Province, Vietnam. The base spans 40,000 square meters and has an annual production capacity of 350,000 units. With the first batch of “Made in Vietnam” TAILG long-range electric vehicles 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, electric vehicle demand drives trade growth. In 2023, TAILG advanced its globalization strategy, targeting Southeast Asia with Vietnam and Indonesia as key benchmark markets.
On August 12, TAILG Vietnam Smart Manufacturing Base successfully began production. Local government officials from Hung Yen Province attached great importance to the event and attended upon invitation. They expressed strong support for TAILG’s development in Vietnam.
New Milestone in Globalization: TAILG Vietnam Smart Manufacturing Base Officially Begins Production
Pham Xuan Khoa, Section Chief of the Investment Department at the Hung Yen Industrial Zone Management Committee, along with senior leaders of TAILG Group, led the ribbon-cutting ceremony for the base. Over 300 strategic dealer partners and supply chain partners were present to witness the event.
Currently, the electrification rate of two-wheelers in Vietnam is only 9%. With the support of policies such as “motorcycle restrictions” and “fuel to electricity” transition, it is expected that value of the electric two-wheeler market in Vietnam will exceed 8 billion US dollars by 2025.
Sun Muchai, Senior Vice President of TAILG Group, stated that as a strategic partner of the UN Environment Programme in e-mobility and the Belt and Road Initiative, TAILG has been collaborating with the UNEP to promote e-mobility projects across multiple countries and regions. In 2022, TAILG successfully launched a project in Vietnam.
“My Hao’s favorable location, convenient transportation, and well-developed industrial park make it an ideal choice for our expansion in Vietnam and lay a crucial foundation for our presence in Southeast Asia,” said Sun.
Chen Yingsheng, Vice President of TAILG Group and President of the Overseas Division, also stated that TAILG will develop a localized and empowering marketing model in Vietnam to drive comprehensive growth in Southeast Asia, especially in the Vietnamese market, and to advance the vision of creating another TAILG overseas.
