SGGPO
The project was deployed at the Ho Chi Minh City High-Tech Park with a total investment of 19.5 million USD by the former CEO of Facebook Vietnam, Le Diep Kieu Trang and Sonny Vu. During its operation, the community criticized it for being irresponsible to customers and producing poor quality products.
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| Customers in Vietnam have repeatedly complained that the quality of SuperStrata bicycles is not as promised... but Arevo Vietnam ignores it. |
According to a source from SGGP Newspaper reporter, the project of 3D printer production and software services, product manufacturing services on 3D printers using carbon fiber polymer materials of Arevo Vietnam - Arevo Vietnam Company Limited has terminated its investment activities at Ho Chi Minh City High-Tech Park (SHTP).
The reason for the termination of Arevo Vietnam's operations is that the investor has not been able to produce carbon materials, leading to increased costs, creating finished products that cannot compete in the market, and due to the pandemic, the company is no longer able to maintain a research and development team.
On January 27, 2021, the SHTP Management Board held a conference to meet businesses in early 2021, thereby granting an investment registration certificate to the project of manufacturing 3D printers and software services, product manufacturing services on 3D printers using carbon fiber polymer materials of Arevo Vietnam, with a total investment of 19.5 million USD. The project was quite attractive at that time, especially the project of manufacturing bicycles using 3D printing technology of Arevo Company, founded by former CEO of Facebook Vietnam Le Diep Kieu Trang and her husband, Mr. Sonny Vu.
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When it was first launched, the SuperStrata bike created excitement in the online community. |
The first carbon fiber monocoque bicycle named SuperStrata was produced, attracting much attention. The project promoted that, with 3D printing technology, super light carbon fiber material, the bike only weighs nearly 1.3 kg, designed and manufactured according to the needs of users and SuperStrata was quickly expected to be a product associated with the country and people of Vietnam...
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A customer who bought a SuperStrata car took the car and threw it in the trash to condemn the manufacturer's indifference and lack of responsibility for product quality. |
However, after the first batch, many customers complained about the quality of the SuperStrata, and many of the bikes were not safe. The climax was that the bike was delivered several months late, and a customer ordered a bike for $3,000 but upon receiving the bike, discovered that the bike’s materials were not as promised, the design was unscientific, the machining details were poorly finished, and there was a feeling of insecurity when riding the bike…
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Customer received SuperStrata bike with poor quality |
Not only that, the SuperStrata bicycle community in the world and Vietnam have spoken up to complain to the manufacturer, even directly discussed with the project investor... but only received silence, even cut off contact with those who complained.
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Online community accuses the Idiegogo project of fraud |
The climax of the incident was recently when the online community condemned another crowdfunding project of Mr. Sonny Vu on the Idiegogo page. This project also involved 3D carbon printing and this time it was scooters instead of bicycles, with more than half a million USD donated by users to the project... However, Idiegogo is currently locked because many people complained that it was a "scam project".
According to Mr. Nguyen Anh Thi, Head of SHTP Management Board, SHTP Management Board has recorded the termination of investment project activities of Arevo Vietnam Co., Ltd. on the national information system on foreign investment. The suspension of the above project by Arevo Vietnam Co., Ltd. does not affect the general operation of SHTP because this is a project to rent a ready-built factory.
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