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VinFast and bp to explore collaboration on mobility solutions

VinFast and bp to explore collaboration on mobility solutions
Photo courtesy of VinFast

Vietnamese electric car manufacturer VinFast and UK-based global energy major bp have signed a memorandum of understanding (MoU) to explore collaboration opportunities in providing integrated energy and mobility solutions for VinFast and its customers globally.

A member of Vietnam’s largest conglomerate, Vingroup, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Under the MoU, bp and VinFast will seek to form a long-term strategic cooperation to strongly promote electrified mobility solutions globally. The companies will also explore working together to advocate for commercial and private access to renewable energy sources to power electric vehicle (EV) charging networks.

“Castrol has a long-standing relationship with VinFast via the supply of lubricants over the last six years. We are proud of this opportunity to expand our collaboration on integrated energy and mobility solutions for VinFast,” said Toan Nguyen Phuoc, country head, bp Vietnam.

VinES, another of Vingroup’s subsidiaries, and bp will explore developing and co-engineering battery thermal management solutions and EV charging services.

Sharing about the partnership, Vingroup’s Global Director of Strategic Partnerships and VinFast’s Deputy CEO of Strategic Partnerships Bui Kim Thuy said: “We continuously expand our partner network to bring the best experience to our customers. We are delighted to collaborate with bp on lower carbon mobility solutions that will support driving VinFast towards the international markets faster and more efficiently.”

The signing of the MoU is the first step in furthering the collaboration between VinFast and bp. In collaboration, both companies aim to promote new energy solutions and help accelerate the transition to electric vehicles globally.