HTCV exports vehicles to Peru and the Philippines

December 25, 2023 - 15:42

The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.

Hyundai Thanh Cong Trading's Mighty N250 commercial truck. Photo HTCV

HÀ NỘI - The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.

The vehicles are products of the joint venture Hyundai Thanh Cong Trading (HTCV).

A shipment of Solati vehicles to the Philippine market has completed 40 out of 60 units. For the batch of 62 N250 vehicles exported to Peru, Hyundai Thanh Cong Trading has delivered 2 sample vehicles to its partner. In December 2023, HTCV is in the process of production and is expected to complete the delivery of a total of 122 vehicles, according to HTCV.

It is anticipated that in 2024, HTCV will continue to sign export contracts for 1,000 vehicles. The Hyundai Solati falls within the segment of passenger vehicles with less than 16 seats, while the Mighty N250 belongs to the small-sized commercial truck segment.

Hyundai Thanh Cong Trading (HTCV) is the exclusive manufacturer, assembler, and distributor of Hyundai commercial vehicles in Việt Nam. According to a report by Nextgen earlier this year, Hyundai is the "Top of Mind" brand for commercial vehicle customers, with high brand recognition in Việt Nam. VNS

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