14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

VinFast, Infineon Technologies AG center focuses on Hanoi’s electromobility

Phi Nhat

Oct 14, 2022 / 04:42 PM

The inauguration of the VinFast-Infineon Competence Center (VICC) is planned in the first quarter of 2023 in Vietnam.

VinFast, Vietnam’s first global smart electric car maker, and Infineon Technologies AG, the world company in automotive semiconductor solutions, will establish a joint application competence center focusing on Hanoi’s electromobility.

An overview of the signing ceremony. Photo: Vingroup

The signing ceremony between the two sides was held on October 13 in Singapore at Infineon’s OktoberTech Asia Pacific 2022 Technology Forum.

The two companies will jointly engage in the early development phase of VinFast’s next-generation smart mobility solutions and discuss future semiconductor requirements to achieve supply chain stability.

The center is planned to operate in the first quarter of 2023. It will initially focus on developing a new electric drive train (EDT) for VinFast electrified platforms. This is a part of VinFast’s strategy to connect intelligence globally and ensure its competitive advantages in the global electric vehicle (EV) market.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup and Global CEO of VinFast, said its goal is to create smart mobility solutions for a sustainable future. Infineon’s advanced products and solutions will help to enhance VinFast’s production efficiency, supporting the Vietnamese maker to reach its goals faster.

Infineon will provide technical support and guidance for the Vietnamese EV maker in selecting semiconductor components, including conventional technologies and those based on WBG (Wide Bandgap) semiconductor materials.

The VICC will house a laboratory with testing and measuring equipment to provide prompt product validation.

Executive Vice President and CMO of the Automotive Division at Infineon Peter Schaefer, said the growth of electromobility is undisputed. Market research expects every second newly-produced car to be fully or partially electrified in five years.

“Infineon is committed to driving this progress together with partners like VinFast that demonstrate high execution speed and strong determination. We will assist VinFast’s electrification journey and support the advancement of their electric platform designs.”

VinFast and Infineon have worked closely for more than three years before this newly extended agreement.

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