VinFast Manufacturing & Trading Co. (VinFast) announced a cooperation agreement with Kreisel Electric for the development of a battery pack solution for electric cars and buses that will be manufactured at the VinFast factory in Vietnam.

The agreement with Kreisel Electric affirms VinFast’s strategy of “cooperating with leading companies”, helping to ensure VinFast vehicles are equipped with the most advanced technologies.

The cooperation with Kreisel will help VinFast speed up its production of electric cars and buses allowing it to market its electric vehicles based on Kreisel technology in 2020.