The Vietnamese vehicle manufacturer VinFast is planning a factory in Germany to produce electric cars and buses. There is already speculation about a specific location. In addition, VinFast is also planning a battery factory in the USA.
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Israeli battery developer StoreDot has announced the first close of its Series D funding round of up to $80 million, the majority of which has already been secured.
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VinFast has delivered its first electric cars to customers in Vietnam. This is the e-SUV VF e34, of which VinFast plans to deliver thousands more vehicles in January 2022. It was also announced that the German CEO Michael Lohscheller has resigned after only four months.
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Vietnam’s conglomerate Vingroup has officially started construction of a battery factory for its electric vehicle offshoot VinFast in the Vietnamese province of Ha Tinh, as previously leaked. The factory is expected to have an initial capacity of 100,000 battery packs per year.
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Vietnam’s conglomerate Vingroup plans to list its electric car division VinFast on the US stock exchange in the second half of 2022, raising at least three billion dollars. The company also aims to sell three times as many electric cars next year as previously planned.
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Vietnamese conglomerate Vingroup plans to start building a battery cell factory for its electric car offshoot VinFast in Vietnam’s Ha Tinh province this year.
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The Vietnamese car manufacturer VinFast gives more details about its European strategy. The company’s first two electric cars, the VF e35 and the VF e36, are to make their market debut in three European countries in 2022.
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Vietnamese electric car startup VinFast has announced another battery development collaboration, this time with Israeli company StoreDot. VinFast wants access to the Israelis’ fast-charging batteries – and potentially to manufacture batteries itself.
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The Vietnamese e-car start-up VinFast has agreed to cooperate with Volkswagen’s battery partner Gotion High-Tech on the development and production of LFP cells. The construction of a factory for such cells in Vietnam is also being considered.
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Michael Lohscheller is to become CEO of the Vietnamese car manufacturer VINFAST LLC. After he departs from Stellantis set at the end of August, the acting Opel CEO will be charged with expanding VinFast’s operations, and presence around the globe as the company announced.
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Apple contract manufacturer Foxconn is now also negotiating with Vietnamese electric car start-up VinFast regarding a cooperation to develop batteries and other components for electric cars.
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Vietnamese electric car startup VinFast has announced a joint venture with Taiwanese battery cell manufacturer ProLogium to accelerate the commercialisation of solid-state battery-electric cars in Vietnam. The cells are expected to be used in VinFast’s electric cars as early as 2023.
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The Vietnamese startup Vinfast shows its first three electric models called VF31, VF32 and VF33. These are SUV in the C, D and E segments respectively. The manufacturer also delivered initial technical specifications and wants to accept first orders in Europe as early as this year.
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The Austrian e-mobility specialist Kreisel Electric announced a cooperation for battery development with the Vietnamese vehicle manufacturer VinFast. The partners will jointly develop a battery pack, which VinFast will launch in its electric cars and electric buses in 2020.
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A new electric bus company is coming to Vietnam. Set up through the Vietnamese conglomerate VinGroup, the new subsidiary VinBus will start transport services with up to 3,000 e-buses in five major cities from March 2020.
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VinFast has established a joint venture with LG Chem to produce battery packs for the Vietnamese start-up’s electric scooters and future electric cars. The two companies already signed a letter of intent in September 2018 to cooperate on EV batteries.
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LG Chem has agreed to deliver batteries for electric scooters produced by the Vietnamese startup VinFast. The latter is part of the Vingroup that also makes smartphones and electric buses which will also use LG Chem batteries.
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The Vietnamese startup VinFast has signed an agreement with Siemens to supply technology and components for the manufacture of electric buses. The first complete bus is expected to roll off the assembly line by the end of 2019.
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The German development service EDAG has received an order from the VinFast company for the complete development of an electric vehicle tailored for the Vietnamese market.
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