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| The Autotech and Equipment 2023 trade-show is open from Might 18 to 21 at Ho Chi Minh Metropolis’s SECC. Picture: Le Toan |
The occasion, happening from Might 18 to 21 on the Saigon Exhibition and Conference Centre (SECC), goals to facilitate enterprise connections, commerce alternatives, manufacturing improvement, and import-export alternatives for each particular person prospects and enterprises.
Over 200 Vietnamese and worldwide corporations are taking part within the commerce present, displaying full built-up automobiles resembling passenger vehicles, bikes, vehicles, and electrical automobiles (EVs), in addition to spare elements, together with tyres, equipment, and superior tech options. Notably, roughly a half of the exhibitors are from China, with many providing a wide selection of EV and battery choices.
China, recognised because the world’s largest EV market, offered over 5.9 million EV models final 12 months, accounting for greater than half of all international gross sales.
Acknowledging the longer term potential of EVs, Michael Bai from Shandong Grand Electrical Automobile Co., Ltd. expressed the corporate’s curiosity in exploring the Vietnamese market and establishing partnerships. Shandong Grand Electrical Automobile’s sales space showcases two, three, and four-wheel EVs, ranging in value from $500 to $4000.
Along with full merchandise, many Chinese language corporations are providing authentic gear producer choices, enabling customisation and integration into bigger methods.
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| Selex Motors at Autotech and Equipment 2023 |
Reflecting sustainable, high-tech traits, a number of exhibitors are presenting environmentally pleasant and good merchandise. Selex Motors from Vietnam, backed by funding from Asian Growth Financial institution Ventures, South Korean enterprise capital agency Nextrans, and different traders, is showcasing its cargo electrical bike options that provide a battery swapping choice in simply two minutes, which is quicker than conventional petrol refuelling.
Selex Motors has its personal manufacturing unit for mass-producing electrical bikes, battery packs, battery swapping stations, and key electrical automobile parts resembling motor controllers, energy administration methods, and show screens.
Karko Co., Ltd., represented on the South Korean pavilion, brings options for autonomous automobile distant management. By combining {hardware} and actuation management software program, Karko ensures seamless integration and adaptableness for self-driving and unmanned shuttle functions.
The strategic accomplice of Autotech and Equipment 2023 is the Vietnam Engine and Agricultural Equipment Company JSC (VEAM). VEAM is displaying vehicles, agricultural machines, high-quality spare elements, and parts.
The occasion additionally marks the launch of VEAM’s new S80 truck line, which meets the EURO 5 emission customary. Moreover, guests have the chance to check Subaru vehicles and expertise their superior applied sciences via the unique Subaru Superior Know-how Drive.
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| Autotech and Equipment 2023 goals to boost model id and enhance manufacturing and gross sales |
To accommodate these unable to attend the exhibition in individual, on-line commerce promotion actions are being performed. Moreover, a chat present specializing in the event traits and profession alternatives within the automotive trade, notably within the context of car electrification, is scheduled for Might 19.
Vietnam’s supporting trade for the car and bike sectors stays comparatively small. Vo Hong Ky, gross sales director of Siemens’ Digital Industries Software program, highlighted the first impediment encountered by the trade, particularly the restricted manufacturing output.
“The shift and alternative of tech corporations these days solely takes a couple of years, which presents a chance for Vietnamese corporations to speed up their improvement. Regardless of the challenges, solely by establishing an ecosystem of supporting industrial corporations can we obtain sustainable improvement,” he mentioned.
In keeping with Nguyen Minh Ngoc, chairwoman of Asia Commerce Truthful and Enterprise Promotion JSC, Autotech and Equipment 2023, with its theme New Transfer – New Breakthrough, will present a strong basis for each home and international enterprises to boost their model id, search new cooperation and funding alternatives, enhance manufacturing and gross sales, and strengthen their positions out there.
Vo Tan Thanh, vice chairman of the Vietnam Chamber of Commerce and Business, highlighted the elevated demand for automobiles attributable to financial improvement and inhabitants development. He acknowledged the fierce competitors from regional and international gamers and burdened the necessity for a sustainable improvement technique specializing in bettering product high quality, technical innovation, and competitiveness.
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