Vinfast, Siemens sign deals for electric bus manufacturing

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)
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.