Case Study
Automotive Components
Briefing
Our client is a company specializing in the assembly of passenger cars, buses, and coaches.
Challenges & Requirements
Currently, the client imports all components from abroad and only performs final assembly. This results in high costs and reduced competitiveness. Additionally, reliance on foreign suppliers limits flexibility in design modifications or the development of new models.
To address these challenges, the client seeks to localize component production and partner with a domestic supplier with sufficient technical, design, and manufacturing capabilities to co-develop and produce components.
Solutions
Recognizing the client’s need for localization, KIMSEN (KS) proposed a strategic collaboration leveraging its core strengths:
KS has years of expertise in producing components for electric vehicles (motorcycles, cars, buses), with automotive-related products being one of its three strategic focus areas.
KS has established a dedicated R&D team to collaborate with the client’s engineers. This team excels at:
- Analyzing and reverse-engineering sample products.
- Developing products based on existing prototypes, paving the way for improvements and new designs tailored to the client’s needs.
Despite limited initial input data, KIMSSEN worked diligently with the client to produce the first prototypes, overcoming significant challenges.
Results
- Potential for Collaboration: Automotive components require stringent safety standards and thorough testing before market release. While in the early stages, the client has positively assessed KS’s potential to become a capable supplier for this project.
- Strong Localization Capability: KS’s solution not only reduces the client’s dependence on foreign suppliers but also unlocks significant opportunities for proactive design and product development within Vietnam.
- Trusted Partnership: The client has acknowledged KS’s efforts, affirming its role as a reliable partner in driving localization solutions forward.