Vinfast expands cooperation with Japanese electronics company in EV manufacturing
VinFast, Vietnam’s first global EV maker, and Renesas Electronics Corporation, Japan’s premier supplier of advanced semiconductor solutions, announced on September 26 that they are expanding their collaboration agreement to include automotive technology development of electric vehicles (EVs) and delivery of system components.
Hanoi (VNA) - VinFast, Vietnam’s first globalEV maker, and Renesas Electronics Corporation, Japan’s premier supplier ofadvanced semiconductor solutions, announced on September 26 that they areexpanding their collaboration agreement to include automotive technologydevelopment of electric vehicles (EVs) and delivery of system components.
The signing ceremony of the strategic collaboration was heldat VinFast’s factory in the northern port city of Hai Phong earlierthis month, which was attended by VinFast’s CEO Le Thi Thu Thuy and Renesas’CEO Hidetoshi Shibata, the Japanese company said in its press release.
As part of the newly expanded agreement, Renesas willprovide a broader range of products to VinFast, including SoCs (Systemon Chips), microcontrollers, analog and power semiconductors. It will alsoprovide technical support to assist VinFast in developing future automotiveapplications and mobility services.
By gaining access to Renesas' leading-edge technologies andexpertise in the automotive industry, VinFast will accelerate the developmentof new EVs and market expansion with the aim to aggressively increase itsannual production and sales.
MoU signing ceremony between Vinfast and Renesas (Photo: VNA)
The two companies will regularly share product developmentroadmaps, market trends and requirements, project implementation progress aswell as new cooperation opportunities.
“VinFast is on a course of market expansion worldwide and mass production toensure the highest vehicle performance and timely delivery to customers” saidLe Thi Thu Thuy, Vice Chairwoman of Vingroup and Global CEO of VinFast. “Thisnew partnership with Renesas will give VinFast access to both advancedin-vehicle semiconductor technology as well as high-level system expertise,with the aim to accelerate the development of safe and sophisticated EVs forglobal markets.”
“We are committed to supporting the local industry inVietnam through talent development and business expansion. Since founding ourdesign centre in Ho Chi Minh City in 2004, we have continued to expand ourpresence in Vietnam. We also established a second design centre in Da Nang thisApril,” said Hidetoshi Shibata, President and CEO of Renesas. “The collaborationwith VinFast reinforces our commitment. We are thrilled to join VinFast’sjourney for their global growth beyond Vietnam. By making EVs more widelyavailable, I am convinced we can lead a greener, safer, and more sustainableway of living.”
VinFast and Renesas have previously collaborated onautomotive infotainment systems, and Renesas’ SoCs (System-on-Chips), R-Car,and analog products have already been implemented in VinFast's new VF8 and VF9EV models./.
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An electric car of Vinfast (Photo: VNA) 
MoU signing ceremony between Vinfast and Renesas (Photo: VNA) 
