10:53 | 13/08/2018 Companies
Vinfast Manufacturing and Trading Company Limited, a subsidiary of Vingroup, has signed two contracts on the supply of technology and spare parts for the manufacture of electric buses with Siemens Vietnam Company.
|At the contract signing ceremony - Photo: Vingroup|
They are key deals to begin the process of building a value chain for manufacturing eco-friendly public transportation vehicles.
The first line of electric buses is expected to debut in late 2019.
Vinfast is also developing other eco-friendly personal vehicles such as electric motorbikes and automobiles, and autos (sedan, SUV’s) that run on petrol meeting Euro 5 emission standards.
Earlier, Vingroup also chose Siemens as a partner for the supply of technological solutions to build digital enterprises, build a system to monitor vehicles’ life cycle and operate the Vinfast factory amidst the fourth industrial revolution.