Today, TAILG's tenth global smart manufacturing base officially began production in Hung Yen Province, Vietnam. The first batch of "Made in Vietnam" TAILG long-range electric vehicles rolled off the production line, marking a significant milestone in the company's globalization strategy.
Local government officials, supply chain partners, and over 300 initial signed dealers gathered to celebrate the successful launch of TAILG's Vietnam base.
With the launch of this base, TAILG will introduce advanced technology and green mobility solutions to Vietnam, while also extending its influence across Southeast Asia, accelerating the globalization of two-wheel electric vehicles.
Vietnam Takes Off: Accelerating Globalization
As global electrification accelerates, the demand for electric vehicles is becoming a key driver of trade growth. In 2023, TAILG upgraded its global expansion strategy, focusing on establishing brand stores worldwide, particularly in Southeast Asia, where it is developing benchmark markets in Vietnam and Indonesia to drive the brand's globalization.
On August 12, TAILG's Vietnam Smart Manufacturing Base successfully began production in Hung Yen Province, Vietnam. Leaders from Hung Yen Province attached great importance to the event and attended upon invitation. They expressed strong support for TAILG's development in Vietnam.
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. With this, TAILG officially announced its full entry into the Vietnamese market.
Vietnam has 45 million motorcycles, but the electrification rate is only 9%. Supported by policies like the "motorcycle restrictions" and the "oil-to-electric" transition, the electric two-wheeler market in Vietnam is growing rapidly and is expected to surpass $8 billion by 2025.
In response to the growing market demand, TAILG views Vietnam as a key market in its global strategy. It plans to drive Vietnam to become a benchmark in the global electric two-wheeler industry through localized investment and development.
Sun Muchai, Senior Vice President of TAILG Group, stated that as a strategic partner of the UN Environment Programme in electric mobility and the Belt and Road Initiative, TAILG has been collaborating with the UN Environment Programme to promote electric 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."
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.
Local Expansion: TAILG’s 10th Global Factory
As the pioneer of long-range electric two-wheelers in the world, TAILG has been engaged in the field of electric mobility for more than 20 years. It has an industry-leading technology research and development center and full industry chain services. TAILG has obtained more than 1,000 national patents and has participated in the formulation of industry standards many times.
As TAILG's 10th R&D and manufacturing base in the world, the smart manufacturing base in Vietnam covers an area of 40,000 square meters, with an annual design capacity of 350,000 vehicles. It will become an important support for TAILG in overseas markets.
The base integrates technology research and development, intelligent manufacturing, sales and after-sales services, which will not only promote the local economy and employment, but also help accelerate the electrification of Vietnam's two-wheeled vehicles.
With the official launch of TAILG's Vietnam base, in line with its strategic development plan, TAILG will partner with channel clients and industry players to focus on long-range electric vehicles and jointly drive the vibrant growth of the electric two-wheeler market in Vietnam.
Xiao Tianbao, Director of the Vietnam Division of TAILG's Overseas Business, announced a three-year strategic plan and signed cooperation agreements with the first batch of strategic clients. The plan aims to create a win-win platform through a "5+N" empowerment system and strategic support across four key dimensions: branding, products, manufacturing, and channels.
TAILG will continue to provide high-quality products and services to Vietnamese consumers, while using Vietnam as a hub to expand into Southeast Asia, bringing more opportunities and products to neighboring countries.
As a UN electric mobility partner and a pioneer in global long-range electric two-wheelers, TAILG will actively implement more social responsibility projects in Vietnam in the future, bringing China’s experience and achievements in clean energy transportation to the country.
