Motus Operandi, an innovative AI cloud robotics company based in Hong Kong and accelerated by Expand is excited to announce its plans to expand operations into Vietnam’s thriving automotive market. With the country’s automotive sector growing rapidly, and government incentives encouraging greener and cleaner technology innovation, Vietnam presents an exceptional opportunity for Motus Operandi to make a significant impact in the region.
Over the past few years, Vietnam has emerged as a major player in the global automotive industry, experiencing annual growth rates of 25-30%. With 300,000 vehicles produced in 2019, experts predict that the country will produce 800,000 vehicles by 2025, and reach the 1 million mark by 2030. This remarkable growth is further bolstered by several government incentives, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership, the EU-Vietnam Free Trade Agreement, and the ASEAN Free Trade Agreement. Furthermore, Vietnam’s Law on Environmental Protection, which came into effect on January 1, 2022, has legalized the establishment of a carbon market, encouraging companies to adopt greener and cleaner technology innovations.
To capitalize on this growing market, Motus Operandi is expanding its operations to Vietnam. A local team is already on the ground, actively exploring opportunities and establishing connections with robotics companies in the country. By leveraging our expertise in AI cloud robotics and our mission to optimize robot applications, reduce energy consumption, and increase productivity and lifetime, we are well-positioned to contribute to Vietnam’s commitment to environmental sustainability and the development of its automotive sector.
Motus Operandi’s expansion into Vietnam’s thriving automotive market marks a significant milestone in our journey to revolutionize the AI cloud robotics industry. By collaborating with local robotics companies and leveraging our cutting-edge software solutions, we are confident that we can contribute to the continued growth and success of Vietnam’s automotive sector. As we forge ahead, we remain committed to our mission of optimizing robot applications and reducing the environmental impact of robot technology in factories, helping to create a more sustainable, efficient, and profitable future for the global automotive industry.
