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VinFast to supply 3,000 EVs to Mexico to cut emissions

VinFast, a Vietnamese electric vehicle manufacturer, has signed a Memorandum of Understanding (MOU) with the Durango Drivers’ Union in Mexico.

The agreement outlines the potential purchase of 3,000 VF 5 electric cars and 300 electric buses for Durango City.

This collaboration aims to replace the current gasoline-powered public transport fleet.

VinFast, along with its affiliate V-Green, plans to develop a charging infrastructure in partnership with the Confederation of Mexico Workers (CTM).

The switch to electric vehicles is expected to reduce carbon emissions and operational costs.

Recent VinFast developments

Timeline
29-Oct-2024 ⚡ VinFast launches in Middle East
  • VinFast launches brand in Dubai on Oct 28, 2024
  • Opens first UAE dealership with plans to expand
12-Jun-2024 🚗 VinFast’s India factory to open ahead of schedule: founder
  • VinFast sold 9,689 units, far below target.
  • Plans $500M factory in India & expansion in Indonesia.
08-May-2024 🚗 VinFast to enter Philippine EV race this month
  • VinFast to launch in Philippines May 2024.
  • Plans to establish dealer network for EV sales.
17-Apr-2024 🔌 VinFast hits $618m in Q1 net loss despite doubling revenue year on year
  • VinFast Q1 2024 net loss hits $618.3 million
  • Plans for 100,000 EV deliveries by year-end remain

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