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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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CA DMV issues autonomous vehicle testing permit to Vietnam’s VinFast

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VinFast—a Vietnamese company ( earlier post )—is the 57 th company to be issued such a testing permit. Six companies have received a permit for driverless testing (Autox, Baidu, Cruise, NURO, WAYMO and ZOOX) while only one (NURO) has received a permit for deployment.

Vietnam 435
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GM Daewoo Launching Chevrolet Cruze in Vietnam

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GM Daewoo Auto & Technology (GM Daewoo) and Vietnam Daewoo Motor Company (VIDAMCO) are launching the Chevrolet Cruze in Vietnam. VIDAMCO, which is celebrating its 17 th anniversary this year, held a launch ceremony at the Daewoo Hotel in Hanoi, Vietnam, on 16 April. —GM Daewoo President and CEO Mike Arcamone.

Vietnam 186
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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

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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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VinFast partnering with StoreDot, ProLogium on advanced batteries for EVs

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

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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 partners with and invests in Prologium for solid-state batteries

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VinFast, through a company in Vingroup, announced an investment in the tens of millions of US dollars in ProLogium ( earlier post ), a manufacturer of solid-state batteries. In the future, ProLogium and VinFast may also establish a joint-venture solid-state battery factory in Vietnam.

Vietnam 317