Vingroup Started A Battery Factory Of More Than 4,000 Billion In Vung Ang


On the afternoon of December 12, President Nguyen Xuan Phuc attended the groundbreaking ceremony of the VinES battery factory project of Vingroup in Vung Ang Economic Zone (Ky Anh Town, Ha Tinh Province).

Attending the groundbreaking ceremony of Vingroup’s VinES Battery Factory project, there were also former President Truong Tan Sang, former National Assembly Chairman Nguyen Sinh Hung, Deputy Prime Minister Le Van Thanh, and many senior leaders. .

Speaking at the groundbreaking ceremony, Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup, said that the construction of VinES battery factory will provide lithium batteries for electric cars and electric buses which VinFast is investing.

Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup

In phase 1, the factory will be built on a scale of 8 hectares with a total investment of more than VND 4,000 billion. The entire infrastructure of the factory, including parts casting, welding and packaging workshops, will be built to ensure a capacity of 100,000 battery packs per year. Phase 2 of the plant will be expanded to produce battery cells and increase capacity to 1 million battery packs/year.

With an automation level of over 80%, this will be the first and most modern battery factory in Vietnam, using leading advanced technologies according to American and European standards. Vingroup is also cooperating with strategic partners who are the world’s leading names in the field of pioneering technology research to produce vehicle batteries.

In phase 1, the battery factory is built on a scale of 8 hectares, with a total investment of more than 4,000 billion VND

“The study and construction of a battery factory in Vung Ang Economic Zone is one of the efforts to establish a clean energy ecosystem, contributing to the localization of VinFast’s supply. This is also a key strategy to help VinFast quickly realize its goal of becoming a global smart electric vehicle company,” said Mr. Quang.

Speaking at the ceremony, President Nguyen Xuan Phuc congratulated Vingroup on timely adjusting its strategy, moving from the field of real estate investment and business to industry and services, especially high technology. ; typically the VinFast car factory, and now the battery factory. This is a very encouraging step not only for the big economic groups of Vietnam, but also of great historical significance. encourage small and medium enterprises to boldly connect with value chains to shape the new future. This adjustment represents Vingroup’s direct and strong participation in the process of economic restructuring and economic modernization to enter a new orbit with higher productivity and higher technology content. , the added value is higher.

In the coming decades, energy and energy security are pivotal to all development strategies, the President said. The biggest challenge is not only producing clean energy for sustainable development, but also having the ability to store and transport flexibly to all places of demand.

“I am pleased to know that Vingroup is also collaborating with strategic partners who are world-leading names in research and pioneering technology to produce vehicle batteries. The success of Vingroup in shifting group to an industrial and technology will not only create inspiration for other economic groups in Vietnam but also play an important role in creating an “make-in-Vietnam” eco-system on the production, recycling and reuse of renewable energy batteries”, the President emphasized.

President Nguyen Xuan Phuc and delegates press the button to start the project of VinES Battery Factory

President Nguyen Xuan Phuc expects Vingroup to become a leading technology corporation, investing in research and development, new technologies, pioneering innovation activities, and succeeding in the global market. bridge.

“Before coming here, I worked with National Assembly Chairman Vuong Dinh Hue and Prime Minister Pham Minh Chinh to discuss policies on high-tech development, first of all, batteries and agreed to submit them to the National Assembly a number of national policies to support high technology”, the President said.

On this occasion, President Nguyen Xuan Phuc also thanked Vingroup during the recent epidemic for supporting and supporting local agencies and agencies to prevent and control the Covid-19 epidemic with money and medical equipment that worth more than 10,000 billion VND.


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