Contemporary Amperex Technology Company (“CATL”) and VinFast Trading & Manufacturing Joint Stock Company (“VinFast”) – a member of Vingroup – announced a Memorandum of Understanding for global strategic cooperation to expand cooperation in areas such as CIIC (CATL Integrated Intelligent chassis) skateboard chassis products.
The MOU signing ceremony is attended by Dr. Robin Zeng, Founder and Chairman of CATL, and Mr. Pham Nhat Vuong, Chairman of Vingroup and VinFast. Under the agreement, CATL and VinFast plan to explore various forms of collaboration in the field of CIIC skateboard chassis, in addition to the current collaboration in battery power with CTP (cell-to-pack) technology between the two companies, which VinFast will provide rapid access to the global market.
The CIIC skateboard chassis integrates battery packs, electric motors and other critical units into a single layer on the underside of the vehicle, reducing purchase costs, vehicle weight and energy consumption, while maximizing cabin space for optimal driving experiences.
In addition to collaborating on CTP batteries and skateboard chassis, CATL is ready to partner with VinFast in other areas, furthering battery innovation and the transition of e-mobility.
Madam Le Thi Thu Thuy, Vice Chairman of Vingroup and VinFast Global CEO, said: “VinFast connects global intelligence to advance research and production of smart electric vehicles. Partnering with CATL – a global leader in innovative new energy technologies – is VinFast’s next development milestone in applying advanced technology to improve driving range and experience while providing competitive pricing, enabling smart electric vehicles. become more efficient and accessible to everyone.”
Using CATL’s advanced batteries, VinFast’s innovative EVs will reach new heights in range, safety and intelligent driving. The partnership will also enable CATL to increase its global footprint, especially in emerging markets, and advance the adoption of new EV technologies.
The expanded partnership will enable both companies to advance battery technology innovation and global e-mobility, contributing to the global drive for energy transition and carbon neutrality goals.
Founded in 2017, VinFast wanted to drive the movement of the global smart electric vehicle revolution, which owns a state-of-the-art car manufacturing complex with world-leading scalability with up to 90% automation in Hai Phong, Vietnam.