Latest news with #assemblyplant
Yahoo
05-08-2025
- Automotive
- Yahoo
VinFast opens new assembly plant in India
Vietnamese battery electric vehicle (BEV) manufacturer VinFast Auto officially inaugurated it newly-built assembly plant in the Indian state of Tamil Nadu. The facility, in the Sipcot Industrial Park in Thoothukudi, is VinFast's third vehicle assembly facility to go into operation globally, marking a key milestone in the company's global expansion. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Great Rates and Award-Winning Service Last month the company opened its first showroom in the country and began taking bookings for its VF6 and VF7 models, which were unveiled earlier this year at the Bharat Mobility Global Expo in Delhi. These are the first two models to go into production at the plant. VinFast confirmed the plant 'strengthens the company's long-term commitment to the world's third-largest automobile market, underscoring VinFast's confidence in India's strategic role in the future of the global EV industry.' VinFast has two plants in operation in Vietnam and a facility currently under construction in Indonesia. Completion of a plant in the US has been delayed, after the company recently decided to prioritise expansion in Asia. The company pointed out that the Thoothukudi plant demonstrates its 'capacity to deliver large-scale projects.' The facility, built on a 400-acre plot, has an initial production capacity of 50,000 vehicles per year, using 'state-of-the-art production lines that meet world-class standards, featuring advanced automation and cutting-edge technologies.' The facility comprises multiple workshops, including a body shop, paint shop, final assembly, quality control and a logistics hub. It also includes an auxiliary cluster for local contractors, which is expected to expand in the coming years. The company confirmed that at full capacity, the plant will employ up to 3,500 people directly, with thousands more jobs created indirectly within the supply chain ecosystem. Capacity can be scaled up to 150,000 vehicles annually, when required, to meet rising demand. VinFast said the launch of the Tamil Nadu plant moves it closer to its 2025 sales target of 200,000 vehicles globally, and its goal of producing 1 million vehicles per year by 2030. VinFast Asia's CEO, Pham Sanh Chau, said at the inauguration ceremony: 'The VinFast Tamil Nadu plant marks a strategic milestone in our long-term commitment to the Indian market. It establishes a strong foundation for sustainable growth and positions us to offer high-quality, competitively priced electric vehicles to Indian consumers. Looking ahead, the facility will expand its production capacity to meet rising demand. We aim to develop it into VinFast's largest export hub for South Asia, the Middle East, and Africa.' He added that the company 'has already secured initial orders from several countries in these regions. In close collaboration with the Tamil Nadu government, VinFast is working to transform the area into the 'EV capital of South Asia'—supporting both the dynamic domestic market and our broader regional ambitions.' "VinFast opens new assembly plant in India" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Bloomberg
12-07-2025
- Bloomberg
Armed Man Barricaded Himself in Stellantis Michigan Plant: CBS
Stellantis NV 's truck plant in Sterling Heights, Michigan was evacuated Saturday afternoon due to an 'ongoing situation,' the company said in a statement. Police told CBS News that an armed man had barricaded himself inside the assembly facility.
CBC
12-06-2025
- Automotive
- CBC
Windsor Stellantis workers returning to 2 full shifts earlier than anticipated
Social Sharing Stellantis workers at the Windsor, Ont., assembly plant are returning to two full shifts a week earlier than previously expected. Unifor Local 444 says the vehicle factory will be back operating at that level starting the week of June 23. The automaker has also since confirmed the news. Employees were originally anticipating a return the next week around Canada Day. "As always, please take direction from your supervisor," the union mentioned to its members inside a Wednesday social media post, adding previously scheduled Saturday shifts have also now been cancelled because of the return to a full shift compliment. Roughly 4,500 people work at the car factory located in the middle of the border city. Stellantis spokesperson LouAnn Gosselin says the ongoing shift changes are to do with with a handful of products made at the plant. "These modifications are necessary as we complete the 2025 model year build and to prepare for the launch of the 2026 model year Chrysler Pacifica, Chrysler Voyager/Grand Caravan and Dodge Charger," Gosselin told CBC News in an emailed statement. The carmaker has been on fluctuating shift schedules for the past few weeks due to production changes, and with Trump's tariffs creating uncertainty across the auto sector. It's unknown how long the return to two full shifts will last. "We will continue to monitor the situation," said Gosselin. Earlier this spring, the irregular schedule was announced to workers at the factory over the summertime, with some weeks of full operation, some weeks of only one shift reporting and some weeks of shutdown.
CTV News
16-05-2025
- Automotive
- CTV News
Consortium of Quebec investors to purchase Lion Electric
The rear door of the Lion C electric bus, manufactured in Quebec, is seen in the Lion Electric Company assembly plant in St-Jerome, Que., Monday, Aug. 21, 2023. (THE CANADIAN PRESS/Christinne Muschi)
