thyssenkrupp wins contract from Vietnam’s first auto manufacturer VinFast

• thyssenkrupp System Engineering to supply engine assembly line for two new vehicle models

• Production capacity of VinFast’s automotive complex will amount to 250,000 vehicles per year in the first phase

thyssenkrupp System Engineering has won a contract from the Vietnamese automotive manufacturer VinFast to build an engine assembly line for two new vehicle models. Both models – an SUV and a sedan – were presented to the public for the first time at the Paris Motor Show in October 2018. The order has a total value in the two-digit million euro range and comprises the engineering, design, installation and start-up of the entire engine assembly line.

VinFast is part of the VinGroup, one of the largest corporations in Vietnam. As the country’s first auto manufacturer, VinFast plans to start production of the two vehicle models (Sedan and SUV) in the northern city of Haiphong in early 2019. VinFast will have the capacity to produce 250,000 cars annually in the first phase, mainly for domestic market and plant to export in future, which will make it one of the region’s leading auto manufacturers. Construction of the assembly line at the new plant in Haiphong began in November 2018.

“We are delighted to act as a strategic partner to VinFast in this ambitious project. In more than 100 engine assembly projects we have gained extensive experience over many years with a wide variety of customers and products,” says Ingo Steinkrüger, CEO of thyssenkrupp System Engineering. “Engines are becoming increasingly complex, demanding ever more reliable assembly processes. In collaboration with VinFast we have developed an optimum strategy that maximizes the availability and durability of the assembly processes while minimizing operating costs. Our new data recording and collection system will be used for the first time as a support system.”