Kenda Tire: Indonesia Market Heats Up, Vietnam Plant Supplies US EV Startup with Tires
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Kenda Tire Chairman Yang Chi-jen stated at the shareholders' meeting that its Indonesian motorcycle tire plant is gaining recognition from local automakers, with market growth expected. The Vietnam plant supplies the US market and has partnered with a US electric vehicle startup to provide pickup truck tires, expected to launch this year. Last year was an operational trough, but the company is cautiously optimistic about this year.