Kim Long Motor and Changan Automobile have joined hands to establish a new vehicle manufacturing plant in Hue, Vietnam. The plant will be dedicated to producing Kim Long Changan Vietnam 5-7-seater passenger vehicles. Spanning over 30 hectares, the facility is designed to have an annual production capacity of 50,000 vehicles, incorporating Changan’s advanced production technology.
Construction of the plant is slated to commence in 2025, with an initial localization rate of 40%, expected to surpass 80% by mid-2026. The collaboration aims to introduce the DEEPAL brand for the Vietnamese market, with plans to unveil five models within the next three years. In addition to vehicle production, the partnership also includes the establishment of a network of 80 showrooms across the nation.
Vice-president of Changan Automobile Group, Wang Hui, expressed the significance of this partnership in Changan’s global strategy and entry into the Vietnamese market. Both companies will engage in extensive cooperation in various areas such as product technology, brand marketing, supply chain, OEM partnerships, and social responsibilities.
General director of Kim Long Motor, Dao Viet Anh, highlighted the transformative shift in Vietnam’s automotive market in 2024, particularly the emergence of electric and new energy vehicles. Leveraging Changan Automobile’s extensive experience of over 163 years and advanced technological capabilities, Kim Long Motor is committed to collaborating closely to achieve shared goals and quickly operationalize the Kim Long Changan Vietnam 5-7-seater passenger car manufacturing plant, thereby shaping a new chapter in Vietnam’s automotive industry.
The collaboration between Kim Long Motor and Changan Automobile signifies a significant milestone in the automotive sector, promising innovative and tailored products for the Vietnamese market. This partnership is poised to bring about cutting-edge advancements in the automotive industry and contribute to the growth and development of Vietnam’s automotive landscape.
