Zac Hollis, former logo director of Skoda Auto India, joined VinFast, a major Vietnamese EV company, as Asia director. Earlier this month, VinFast signed a memorandum of understanding (MoU) with the government of Tamil Nadu to establish an incorporated electric vehicle production plant. in the state.
Hollis, who had played an important role in the successful implementation of the critical India 2.0 strategy for the brand, will now play a critical part in defining $2 billion VinFast India’s rollout plan.
Hollis’ move to VinFast comes four months after Hollis joined MG Motor as Prestige’s Director of Model Operations.
Appointed Director of Sales, Service and Marketing at Skoda Auto in September 2018, Hollis spent 4 years in India laying the foundation for the logo in the country, which has become the third most productive market for Czech car logos in 2021 -2022. Hollis left, Skoda Auto had its largest volumes and market share in India. He was appreciated by thousands of Skoda Auto car owners for his active dating with Skoda Auto enthusiasts and car owners through social media platforms.
In a career spanning over two-and-a-half decades in the automotive industry, Hollis has extensive experience of working across functions in Europe and Asia. Prior to spending four years in India, Hollis led the China sales operation for Skoda Auto between 2016 to 2018.
Currently, in an official response, VinFast showed the and said, “Currently, Zac Hollis is running as Director of Sales Operations in Asia at VinFast, focusing on the Indian market. “
Hollis will most likely play a key role in finding the best skills for VinFast in India.
The onboarding of Hollis comes at a time when the Vietnam’s first-ever EV company has outlined an aggressive manufacturing game-plan for the India market. Apart from overseeing India entry strategy, Hollis is likely to play an important role in picking up key talent for the India arm, say people in the know. The setting up of VinFast’s integrated EV plant in Tamil Nadu is expected to generate approximately 3,000 to 3,500 employment opportunities locally.
Located in Thoothukudi, the VinFast-Tamil Nadu allocation targets an electric vehicle production hub in the region, with an annual production capacity of up to 150,000 units. Construction of the plant is expected to begin later this year.
VinFast and the Tamil Nadu State Government will work toward a total investment of up to US$ 2 billion, with an intended commitment of US$ 500 million for the first phase of the project, spanning five years from the commencement date, said the statement from VinFast earlier in January.
This move is a significant step in VinFast’s global expansion, which offers the brand an entry into the world’s third-largest car market. “The plan to expand into India aims to seize growth opportunities in the world’s most populous nation and rapidly expanding EV market. This initiative forms a crucial part of VinFast’s strategy to establish a strong presence in key markets and strengthen its supply chain for global expansion,” added the statement from the Vietnamese EV manufacturer.
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The culmination of this is the Indian luxury car market, which is experiencing a large. . .
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