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Vietnam's Vingroup strikes tech deals to take EV business global

VinFast teams with Intel and battery developers, targeting 1m cars in 6 years

VinFast Global CEO Le Thi Thu Thuy poses with one of her company's electric SUVs at CES 2022 in Las Vegas during January.   © Reuters

HANOI -- Top Vietnamese conglomerate Vingroup and its automotive subsidiary VinFast have positioned themselves to become a global player in electric vehicles through a series of deals with tech companies.

VinFast launched its EV manufacturing business only in December and has yet to sell an electric vehicle outside of Vietnam, but the company's bold sales goal reflects Vingroup's confidence.

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