First Made-in-Vietnam VinFast car – Lux SA2.0 off the production line, marking the success of the “Made-in Vietnam” commercial automobile test production cycle. Billionaire Pham Nhat Vuong immediately gained $348 million from the upsurge of VIC shares today.
Yesterday, in Haiphong, the first VinFast Lux SA2.0 was assembled. This event proves that the VinFast factory is ready for operation, only 18 months after announcing its automotive plans. Vietnam Investment Review reports.
The car is equipped with a DOHC 2.0L engine with a maximum of 228 horsepower, 350Nm torque, an 8-speed automatic gearbox, as well as numerous outstanding safety functions.
According to Le Thi Thu Thuy, vice chairwoman of Vingroup cum chairwoman of VinFast, the company confirmed that all segments of the manufacturing line are operational, ready for trial manufacturing before replication.
“We are consistently striving to create premium products, enabling the Vietnamese spirit and brands to reach the international level, as well as contributing to the development of the industry and automobile manufacturing in the country,” said Thuy.