A Vietnamese start-up auto company is doing what it name implies: VinFast Manufacturing and Trading Company Limited is going exceedingly fast in vehicle development.
And it has now entered into an agreement with Magna to perform full vehicle development—including a feasibility study, testing, validation, and support though launch—for two models, a sedan and an SUV.
Magna anticipates accomplishing the development, thanks, in part, to the use of virtual engineering methods, in just 12 months.
The two vehicles are to be introduced at the Paris Motor Show this October.
VinFast manufacturing will be performed in a plant in Haiphong, Vietnam.
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.
Nowadays in the U.S. market, vehicle manufacturers pretty much are all committed to producing crossover utility vehicles rather than their predecessor type, the sport utility vehicle.