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Vietnam

VinFast partners with Gotion in Vietnam's first LFP battery gigafactory

Thu, 09/02/2021 - 15:48 -- Paul Crompton

Vietnam’s first lithium-ion gigafactory could be on its way after a memorandum of understanding (MoU) was signed by vehicle OEM VinFast and electric drive train firm Gotion High-Tech. 

The MoU focuses on the use of Chinese firm Gotion’s lithium iron phosphate batteries by Vietnam-based VinFast, and joint R&D and production of new battery technology.

So far, Gotion High-Tech has founded eight R&D centers in China, the US, Japan, Singapore, Germany and India.

Chairman of Gotion High-Tech, Zhen Li, said: "We will use cutting-edge technology and rich experience in battery manufacturing to fully support VinFast's electrification strategy. 

VinFast has been fostering collaborations with partners around the world, including Israel, Taiwan, the US to boost R&D and application of advanced battery technologies such as solid-state battery.

Vingroup’s subsidiary VinES Energy Solutions JSC focuses on research and manufacture of electric vehicles batteries.

In July, Volkswagen Group and Gotion deepened a partnership based on a substantial shareholding agreement in May 2020.

Both partners are set to industrialise the planned battery cell production at the Salzgitter, Germany, site of Volkswagen Group Components and to develop first use cases of the Volkswagen unified cell concept for the volume segment.

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Leoch sets sights on Europe as new Asian battery plants start up

Wed, 03/27/2019 - 09:53 -- John Shepherd

Leoch International Technology is to bring two new lead-acid battery plants on stream this year in Vietnam— and has revealed plans to expand in Europe including through acquisitions.

The Hong Kong-listed firm said one of its Vietnam plants will start delivering reserve power batteries by mid-2019, while the other will be delivering SLI batteries by the end of the third quarter.

Construction of both plants is “in full gear”, Leoch said in a Hong Kong Stock Exchange announcement. “The design production capacity of these two factories will be more than double the current total overseas production capacity with opportunity for future expansion.”

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China lead firm eyes switch to ‘low-cost’ Vietnam

Mon, 05/21/2018 - 10:28 -- Xuan Zhong
China lead firm eyes switch to ‘low-cost’ Vietnam

Chinese battery maker Shenzhen Center Power Tech is proposing to transfer part of its lead-acid operations outside China to reduce costs.

The company— also known as Vision— has set its sights on transferring lead battery production from its facility in the Shenzhen Dapeng New District to subsidiaries in Vietnam and central China’s Hubei Province.

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