Vietnam’s largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts.
Automaker VinFast has signed a memorandum of understanding on strategic cooperation with Taiwan’s ProLogium Technology Co.. Ltd. on production of batteries for electric cars in Vietnam.
Vietnamese electric-vehicle startup VinFast plans to open a U.S. factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
Vietnam’s first domestic car manufacturer, Vinfast, said on Monday it had obtained a permit to test autonomous vehicles on public streets in California.
Vietnam’s inaugural Formula One Grand Prix “might not happen” next year, a source told AFP on Tuesday, as a report said it had been dropped from the 2021 calendar following the arrest of a key official.
Automaker launches $140m project after topping sales rankings for first time
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 per cent compared to the previous month but down 13 per cent year on year.