'We aim to hedge the dependency on Europe with more markets': Klaus Zellmer

Name: &#39;We aim to hedge the dependency on Europe with more markets&#39;: Klaus Zellmer
Uploaded: 2025-04-25T17:26:48+05:30
Description: With its recent foray into Vietnam with a major reliance on CKD kits from India, Skoda aims&#160;to diversify its business outside of Europe where it is the No. 4 PV player. Skoda eyes 30,000-40,000 units in the Vietnamese market by 2030.

With its recent foray into Vietnam with a major reliance on CKD kits from India, Skoda aims to diversify its business outside of Europe where it is the No. 4 PV player. Skoda eyes 30,000-40,000 units in the Vietnamese market by 2030.

By Shahkar Abidi

25 Apr 2025

3690 Views

'We aim to hedge the dependency on Europe with more markets': Klaus Zellmer

Czech carmaker Skoda Auto, which is a key player in the European market by clinching the No. 4 spot in the PV segment, has recently forayed into Vietnam, by partnering with local conglomerate - Thanh Cong Group (TC Group) - which will locally assemble the made-in-India Skoda Slavia and Kushaq shipped as CKD units.

In this video, Skoda Auto CEO and Chairman of the Board, Klaus Zellmer, reveals the carmaker's strategy around this move, as well as outlines the company's vision of clocking around 30,000-40,000 units, including additional models imported from Europe, in the Vietnamese market by 2030.

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