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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

Green Car Congress

Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. VinFast has expanded its business to the North American and European markets with the aim to become one of the leading global EV manufacturers.

Vietnam 352
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CA DMV issues autonomous vehicle testing permit to Vietnam’s VinFast

Green Car Congress

The California Department of Motor Vehicles (DMV) has issued an Autonomous Vehicle Testing Permit (with a driver) to VinFast (a division of Vingroup). VinFast—a Vietnamese company ( earlier post )—is the 57 th company to be issued such a testing permit.

Vietnam 435
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Vinfast announces all-electric strategy and full electric vehicle lineup; halting ICE production by end of year

Green Car Congress

At CES 2022, Vietnam-based VinFast announced its new development strategy and revealed its complete electric vehicle lineup covering five segments. VinFast said will stop producing vehicles with internal combustion engines (ICE) by the end of 2022. All five electric vehicles were designed by Pininfarina and Torino Design.

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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

Green Car Congress

Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)

Li-ion 273
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VinFast exports its first batch of EVs: 999 VF8s to US

Green Car Congress

Vietnam-based EV manufacturer VinFast held a ceremony to mark its first batch of exports of electric vehicles: 999 VF 8s headed to the United States. Following this first batch of cars for the US market, VinFast will continue to export more VF 8 lots to Canada and Europe for customer deliveries in early 2023.

Vietnam 273
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97