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LG Chem sets up joint venture with Vinfast

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FILE PHOTO: A woman works at an e-scooter assembly line of Vinfast Auto and Motorcycle factory in Hai Phong city, Vietnam November 3, 2018. REUTERS/Kham -
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KHAM(Reuters)


SEOUL (Reuters) - South Korea's LG Chem said on Sunday that it has set up a joint venture with Vietnam's VinFast Trading and Production to produce lithium-ion batteries for the Vietnamese carmaker's electric scooters and electric vehicles.

The two companies established their joint venture factory in the Vietnamese northern port city of Hai Phong, with an aim to produce lithium-ion battery packs for VinFast's electric scooters that are being made now and electric cars to be produced in the future, the South Korean battery maker said in a statement.

https://www.euronews.com/2019/04/07/south-koreas-lg-chem-sets-up-joint-venture-with-vietnams-vinfast
 
beautiful: one step closer to produce lithium batteries for electric cars


@sinait
Vietnamese customers will be first served then hopefully Singaporeans and other in the region. Boring if you only purchase chinese ev cars.

IDGICEA82321125PM_1.jpg
 
beautiful: one step closer to produce lithium batteries for electric cars


@sinait
Vietnamese customers will be first served then hopefully Singaporeans and other in the region. Boring if you only purchase chinese ev cars.

IDGICEA82321125PM_1.jpg
Yes Singapore is good for EV market.
Our small nation and numerous charging stations don't need cars with long ranges.
Ideal for EVs.
I will most probably not be around when Vietnamese EVs land here, haha.
.
 
Yes Singapore is good for EV market.
Our small nation and numerous charging stations don't need cars with long ranges.
Ideal for EVs.
I will most probably not be around when Vietnamese EVs land here, haha.
.
You sound pessimistic my friend. Many people become 100 years old nowadays. Look at Japan. What you need is eating more raw fish :D
 

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