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flag VinFast is boosting its Indonesia investment to $1 billion to expand electric vehicle production and exports.

flag VinFast is expanding its investment in Indonesia to up to $1 billion, increasing its initial $300 million commitment, to boost production at its Subang plant from 50,000 to 350,000 vehicles annually. flag The facility, now in trial production, will manufacture the VF3 electric SUV and serve as a regional export hub for right-hand-drive markets. flag The company aims to begin mass production soon, reach full capacity by early 2026, and create up to 15,000 jobs while meeting Indonesia’s 60% local content requirement. flag The expansion supports VinFast’s broader Southeast Asia strategy amid Indonesia’s upcoming phase-out of EV import tax breaks.

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