VinFast became the country's first fully fledged domestic car manufacturer when its gasoline-powered models built under its own badge hit the streets in 2019.
The battery plant, Vietnam's first EV battery project is located in central province of Ha Tinh, on a 8-hectare plot. "This is in the focus of VinFast's localisation strategy of supply," said Thai Thi Thanh Hai, vice chair of Vingroup and vice-chair of the board of VinFast.The company said it is looking to produce 100,000 battery packs per year in a first phase and then upgrade its capacity to one million.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Soon they will surpass proton like Hyundai and KIA