work begins on vinfast’s huge 5gwh ev battery factory in vietnam

Source: Vinfast

VinES, the energy solutions division of Vingroup, and battery company Gotion have broken ground on a new 5GWh battery factory in Vietnam, to create “battery supply autonomy” for the local production of EVs.

VinES, a subsidiary of Vingroup, and its automotive subsidiary VinFast joined Gotion High-Tech to announce this week they have broken ground on construction in the Vietnam Ha Tinh Economic Development Zone.

The new $US275 million ($A414 million) battery factory is a joint venture between VinES and Gotion and will supply electric vehicle batteries for VinFast.

Measuring in at 14 hectares, or 34.5 acres, the factory is expected to enter operation by the end of 2023 and is designed to reach production capacity of 5GWh per year.

When completed, the new factory will be the first factory in Vietnam to produce lithium iron phosphate (LFP) battery cells.

New opportunities

The new LFP factory will join a 20-acre lithium-ion battery factory that VinES began construction in December of 2021 and which is expected to begin operations next month.

VinES CEO Pham Thuy Linh says the factory “is an essential component in creating battery supply autonomy for VinFast EVs,” as well as for VinES to grow as an energy solutions company.

“Located next to the VinES battery pack manufacturing in the Vung Ang Economic Zone, this new factory will complete the closed loop production of LFP Batteries in Vietnam, thereby improving localization for VinFast’s EVs and optimizing production efficiency,” he said.

“In addition, the factory will also open up new development opportunities for the Vietnamese EV and clean energy industry.”

Keyword: Work begins on VinFast’s huge 5GWh EV battery factory in Vietnam

CAR'S NEWS RELATED

VinFast ships first electric vehicles to US customers

Vinfast EV cars are seen during a car shipment to the US in Haiphong today. — Reuters HAI PHONG: Vietnam’s electric vehicle maker VinFast said today it had shipped its first batch of 999 cars to the United States, capping a five-year bid to develop an auto production hub ...

View more: VinFast ships first electric vehicles to US customers

VinFast completes first EV delivery to the USA

Vietnamese electric car manufacturer VinFast has started exporting its electric cars. The first batch of 999 VF 8s was shipped to the USA, where they are to be delivered this year. The first VF 9s will then follow in early 2023 – in Vietnam, as well as internationally. After ...

View more: VinFast completes first EV delivery to the USA

VinFast exports first batch of EVs to US

Prime Minister Pham Minh Chinh (C) and other delegates attend the ceremony to export the first batch of VinFast electronic vehicles to the US. (Photo: VNA) Hai Phong (VNA) – Prime Minister Pham Minh Chinh on November 25 attended a ceremony in the northern port city of Hai Phong to export ...

View more: VinFast exports first batch of EVs to US

With Two More Crossovers, VinFast Tries to Cover All Utilitarian Segments

That makes four crossover/SUVs for the Vietnamese startup. Does this EV maker have what it takes to succeed in the US?

View more: With Two More Crossovers, VinFast Tries to Cover All Utilitarian Segments

VinFast To Add VF 6 And VF 7 Small Electric SUVs To US Lineup

Both are making their North American debut at the 2022 LA Auto Show, with the VF 8 and VF 9 electric midsize SUVs also on display.

View more: VinFast To Add VF 6 And VF 7 Small Electric SUVs To US Lineup

VinFast VF6, VF7 debut in L.A., and a sports car could be added to lure U.S. buyers

VinFast SUVs California focused New warranty and service options VinFast showcased four battery-electric SUVs at the L.A. Auto Show this week, vehicles that it has long shown and discussed. But now it’s even hinting at a sports car, as the Vietnam-based automaker pushes ahead with its plan to break ...

View more: VinFast VF6, VF7 debut in L.A., and a sports car could be added to lure U.S. buyers

VinFast VF 6, VF 7 Electric SUVs Make North American Debut In LA

The compact SUVs are on display with the larger VF 8 and VF 9.

View more: VinFast VF 6, VF 7 Electric SUVs Make North American Debut In LA

VinFast receives big order from US service firm Autonomy

This is VinFast’s largest corporate order to date, and one of Autonomy’s largest electric vehicle orders, affirming the acceptance by the international market of the Vietnamese automaker. In August 2022, Autonomy ordered 23,000 electric vehicles across 17 different global automakers, including VinFast, to operate its subscription services. At that ...

View more: VinFast receives big order from US service firm Autonomy

Autonomy orders many more electric cars from VinFast

2024 VinFast VF6 and VF7 Are Two More Electric SUVs Coming to America

Cinq choses sur VinFast, la marque vietnamienne qui débarque au Québec

VinFast shows off new, smaller electric VF 6 and VF 7 SUVs

VinFast Opens Location In Toronto’s Yorkdale Shopping Center

VinFast selects Shell Recharge Solutions to offer at-home charge points to European customers

Vinfast partners with Shell Recharge on home charging in EU

VinFast to showcase four EV models at Los Angeles Auto Show 2022

From noodle bars to cars: the US$10bn automotive story of Vinfast

CATL and VinFast reach global strategic cooperation to promote global e-mobility

VinFast recalls 730 VF e34 cars to replace sensors

CATL to collaborate with VinFast on EV chassis development

OTHER CAR NEWS

;
Breaking thailand news, thai news, thailand news Verified News Story Network