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Vietnam-based e-bike start-up MODMO eyeing US market

Green Car Congress

Vietnam-based e-bike start-up MODMO began delivering its flagship model, Saigon+, in Europe earlier this year; MSRP is €2,499 (US$3,041). MODMO plans to bring the e-bike to the US market soon. Developed in Ireland, and produced in Vietnam, MODMO was founded by 24-year-old company CEO Jack O’Sullivan.

Vietnam 393
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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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VinFast will get a $3.4 billion funding boost from parent company

Teslarati

Vietnamese electric vehicle (EV) maker VinFast has announced a new funding commitment from its parent company, Vingroup, as it aims to make its EVs profitable in the coming years. billion into the EV company so far. billion into the EV company so far. A company statement highlighted the fact that around 50 trillion dong (~$1.97

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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

Green Car Congress

Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. VinFast has expanded its business to the North American and European markets with the aim to become one of the leading global EV manufacturers.

Li-ion 352
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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

Green Car Congress

Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)

Li-ion 273
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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VinFast partnering with StoreDot, ProLogium on advanced batteries for EVs

Green Car Congress

Aiming to gain a competitive advantage in the global EV market, Vietnam-based EV maker VinFast has been developing a number of partnerships with developers of advanced battery technologies. The company is targeting 300 Wh/kg in the Si-rich, fast-charging cell. Earlier post.)

Vietnam 321