Cooperation has been extended
VinFast aims to present its new generation of electric vehicles with solid-state batteries from 2024. To enable this, the Vietnamese brand is investing tens of millions in ProLogium through parent company Vingroup, which develops and produces solid-state batteries.
In 2021, VinFast announced that it had signed a memorandum of understanding with ProLogium, a Taiwanese company that manufactures solid-state battery cells. The cooperation between the Vietnamese manufacturer and ProLogium is now more stable. VinFast is investing tens of millions in ProLogium through a subsidiary of parent company Vingroup. In addition, VinFast indicates when it expects to be able to offer electric vehicles with solid state batteries.
VinFast and ProLogium are crawling closer together in the coming years. For example, the two companies are entering into an agreement to manufacture battery packs with solid state technology from ProLogium. For example, ProLogium is doing everything possible to supply solid-state batteries from 2024 to VinFast, which will put them in a new generation of electric vehicles. ProLogium will begin production of the new battery in 2023. Abundant production capacity benefits VinFast. ProLogium and VinFast also say that they are considering the possibility of setting up a new production facility together to build solid state batteries in Vietnam.
Solid state batteries are considered the holy grail of battery technology. They have high energy density, can withstand high temperatures and are said to have a longer lifespan than conventional lithium-ion batteries. Although lithium-ion batteries use a liquid as the link between the two poles, this is a solid substance with solid-state batteries.
At the start of 2022, VinFast began its European offensive with appropriate fanfare. It presented a whole series of electric models, the first two of which will be launched in the Netherlands this year: VF 8 and VF 9.