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25 Aug
17:34

VinFast, Gotion explore LFP gigafactory in Vietnam

Vietnam’s EV start-up VinFast is mulling the construction of a gigafactory in Vietnam to produce lithium iron phosphate (LFP) EV batteries, Kallanish learns from the company. The ambition is part of a partnership with China’s LFP battery manufacturer Gotion High-Tech Co. The parties signed a memorandum of understanding to jointly carry out R&D and production of LFP. Discussions are in early stages. “LFP battery is currently the most mainst…
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