Omoda & Jaecoo aim for 60 dealerships in Vietnam in 2026

The two brands are simultaneously advancing construction of their assembly plant in the Southeast Asian nation.

The facility, located in Hung Yen Province, northern Vietnam, has already completed the main structural framework, while other components are under construction.

The plant spans an area of more than 380,000 square meters, with an initial planned capacity of 120,000 vehicles per year, producing and assembling gasoline, hybrid, and fully electric vehicles on the same production line, local media reported.

The two sister brands are offering SUV models such as the Omoda C5 and the Jaecoo J7 in the Vietnamese market.

In March, the Omoda C5 is being promoted with support covering 110 percent of the vehicle registration fee, equivalent to roughly VND59-73 million (US$2,250-2,790), depending on the registration locality.

The car is currently priced from VND479.1 million ($18,310).

In the C-segment SUV category, the Jaecoo J7 Flagship version is offered with support covering 90 percent of the registration fee, about VND72-86 million ($2,740-3,280) depending on the region.

The vehicle’s current starting price is VND729 million ($27,835).

Meanwhile, the Jaecoo J7 PHEV variant is also eligible for 90-percent registration fee support, along with a gift package valued at up to VND45 million ($1,720).

The model is priced from VND879 million ($33,560).

Globally, Omoda and Jaecoo have expanded their reach to 64 countries and territories and are continuing plans to enter additional European markets in the near future.

According to company data, the brands recorded global sales of 50,076 vehicles in February, marking a 153-percent year-on-year surge.

Of this total, new energy vehicles accounted for 28,337 units, representing a year-on-year spike of 307 percent.

Since their launch, the two brands have collectively sold more than 900,000 vehicles worldwide in fewer than three years.

Several markets have reported strong growth, including Israel and Italy.