Vietnamese manufacturer VinFast is ramping up exports and will likely sell 40,000 to 50,000 EVs this year – nearly seven times as much as in 2022. And the company is looking to launch two new models.
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The Vietnamese electric car manufacturer VinFast is headed to Wall Street. VinFast has therefore agreed to a business combination with exchange shell Black Spade Acquisition.
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Vietnamese electric car maker VinFast is securing up to $2.5 billion in fresh capital to fuel its global expansion. 1.5 billion dollars comes in the form of grants from parent company Vingroup and its chairman Pham Nhat Vuong. Another billion can be accessed by VinFast over a five-year period in the form of loans from […]
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The Israeli battery developer StoreDot has entered into a cooperation with Vines Energy Solutions (VinES), the battery company of the Vietnamese Vingroup, for the joint development and commercialisation of its fast-charging battery cells.
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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.
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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.
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VinFast presented five electric car models at the CES in Las Vegas. The electric cars are called VF 5, VF 6, VF 7, VF 8 and VF 9. However, not all models are new, in some cases, only the name has been updated.
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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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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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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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Star Charge has signed a contract with VinBus to cooperate in the establishment of the first electric bus service system in Vietnam. According to the agreement, Star Charge will provide advanced smart charging technology for VinBus, who will field the fleet.
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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 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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