CATL, VinFast to cooperate on e-mobility products and battery innovation

Chinese battery firm Contemporary Amperex Technology Limited (CATL) and VinFast have announced the signing of MoU for global strategic cooperation in areas including CIIC (CATL integrated intelligent chassis) skateboard chassis products.

In addition, CATL is also poised to cooperate with the Vietnamese auto group with respect to promoting battery innovation and e-mobility transition. The MOU signing ceremony saw the presence of Dr. Robin Zeng, founder and Chairman of CATL, and Pham Nhat Vuong, Chairman of Vingroup and VinFast.

According to the agreement, the companies intend to explore various forms of cooperation on CIIC skateboard chassis on top of the current cooperation on CTP (cell-to-pack) battery supply. This will provide VinFast rapid access to the global market, they claim.

CIIC skateboard chassis integrates battery packs, electric motors, and other critical components into a single layer at the bottom of the vehicle, thereby lowering purchasing cost and energy consumption while maximizing cabin space.

By leveraging CATL's cutting-edge batteries, VinFast's innovative EVs are expected to reach new heights in terms of range, safety, and intelligent driving. The cooperation will also enable CATL to enhance its global footprint, especially in emerging markets, and promote the application of new EV technologies.

The elevated cooperation will enable both companies to promote innovation of battery technologies and global e-mobility, contributing to global drive for energy transition and carbon neutrality goals, as per their official press release.