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BUSINESS Vinfast, Siemens sign deals for electric bus manufacturing

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Vinfast Manufacturing and Trading Company Limited, a subsidiary of Vingroup, has signed two contracts on the supply of technology and spare parts for electric bus manufacturing with Siemens Vietnam Company.

Sunday, August 12, 2018 10:30


They are key deals to begin the process of building a value chain for eco-friendly public transportation vehicles manufacturing.

The first line of electric buses is expected to debut in late 2019.

Vinfast is also developing other eco-friendly personal vehicles such as electric motorbikes and automobiles, and autos (sedan, SUV) that run on petrol meeting Euro 5 emission standards.

Vo Quang Hue, Deputy General Director of Vingroup in charge of Vinfast project, said the deals reflect Vinfast’s commitment to churning out safe, convenient and high-quality electric buses for a green future of the Vietnamese people, adding that it will be a pioneering solution to changing public transportation in the country.

Nearly one year since its establishment, Vinfast has completed a series of important agreements with international partners to materialise its vision.


http://m.sggpnews.org.vn/business/v...als-for-electric-bus-manufacturing-76251.html
 
Next step is agreement with Siemens on transfer of technology for highspeed rail for Vietnam.

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