VinFast & Gotion to build battery factory in Vietnam
In Vietnam, construction has begun on the country’s first production facility for LFP battery cells. This is being built as part of a joint venture between VinES Energy Solutions, a subsidiary of the Vietnamese conglomerate Vingroup, and the Chinese battery manufacturer Gotion High-Tech.
VinGroup & Li-Cycle launch recycling partnership
The Canadian recycling company Li-Cycle and Vines Energy Solutions (VinES), a battery company of Vingroup, have agreed on a global recycling partnership. Under the agreement, both companies will develop recycling solutions for VinES and VinFast, the electric car manufacturer that is also part of Vingroup.