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| The groundbreaking ceremony of a US$260 million-automotive engine manufacturing plant, Chan May–Lang Co Economic Zone, Thua Thien–Hue Province, August 23, 2024 - Photo: VGP |
It is part of a comprehensive strategic cooperation agreement on engine production and manufacturing in Viet Nam which was signed between Kim Long Motor Hue JSC and Yu Chai of China, marking an important landmark not only for Kim Long Motor Hue but also for the Vietnamese automobile industry.This is the first time Viet Nam has received advanced technology to manufacture modern automobile engines and engines for other industries.
The project is divided into two phases. The first phase focuses on producing automotive engines, with operations expected to begin in early second quarter next year. The plant will manufacture a diverse range of engines for automobiles, marine applications, generators, farming machinery, and construction equipment.
Initially, the plant will prioritize the production of internal combustion engines (Diesel), CNG engines, and electric engines, with a capacity of over 12,000 units annually, while plans are in place to increase capacity in the following years. The subsequent phase will involve manufacturing axles, gearboxes, and automotive drive trains.
The engines produced at this facility will not only supply Kim Long Motor's domestic market needs but also be exported to ASEAN countries, South Korea, and other markets.
In conjunction with the groundbreaking ceremony, Kim Long Motor also launched the new KIMLONG 99 sleeper bus, featuring the latest Yuchai K11 engine. Additionally, the company delivered the first batch of 60 KIMLONG 99 sleeper buses, part of a 600-bus contract for 2024.
The Kim Long Motor Hue complex is a comprehensive manufacturing facility producing buses, trucks, cars, and automotive parts, with an expected capacity of 108,800 vehicles per year. To date, the company has completed the first phase of the project, including a bus manufacturing and assembly plant.
Since February 2024, Kim Long Motor Hue has produced nearly 300 vehicles, including sleeper buses, seated buses, city buses, and mini-buses, delivering over 200 sleeper buses to customers and creating jobs for approximately 1,800 workers./.
