According to the agreement, KIJSETTHI Mobility will become the authorized distributor of Kim Long Motor brand car lines in Thailand, and also deploy a sales and after-sales service system throughout the market. Distributed products include internal combustion engine buses and pure electric vehicles, meeting diverse transportation needs and the trend of green transformation.
All products are produced at Kim Long Motor Hue Automobile Manufacturing Industrial Park, on a digital platform and synchronous automation line.
With a strategy of self-managing production from mechanical components to core components such as chassis, engine and battery system, Kim Long Motor has achieved a bus localization rate of over 80%, meeting the rules of origin to enjoy tariff preferences under the ASEAN Trade in Goods Agreement (ATIGA).
Thanks to this, Kim Long Motor's products when exported to Thailand and the ASEAN region enjoy tariff preferences (Form D), thereby improving price competitiveness and exploitation efficiency.
Mr. Ho Cong Hai - Co-General Director in charge of production, R&D and development of Kim Long Motor - said that cooperation with KIJSETTHI Mobility is a strategic step to expand the global market.
With experience, prestige and deep understanding of the local market from partners, Kim Long Motor expects to bring high-quality products and services to customers in Thailand.
Kim Long Motor will continue to promote research and development, initially focusing on buses, and gradually expanding to car lines suitable for operating conditions and actual needs, towards environmentally friendly transportation solutions.
We expect the start in Thailand to be an important pivot for Kim Long Motor to affirm Vietnamese bravery and intelligence on the regional and international automobile industry map" - Mr. Hai said.
Ms. Chalakorn Setthabunnatat - General Director of KIJSETTHI Mobility highly appreciates Kim Long Motor's production capacity and product quality, and believes that this cooperation will bring the Thai market effective transportation solutions, in line with sustainable development trends.