Renesas and VinFast announced that the two companies are expanding their collaboration agreement to now include the delivery of system components and include also automotive technology development in the EV sector.
As part of the expanded agreement, Renesas will provide a broader range of products to VinFast, including SoCs, microcontrollers, and analog and power semiconductors. Renesas will also be providing technical support to VinFast, to assist in the development of future automotive applications and mobility services.
VinFast can accelerate the development of new EVs, and market expansion by gaining access to Renesas’s leading-edge technologies and expertise in the automotive EV sector. This will allow VinFast to aggressively increase its annual sales from production.
The companies will be sharing product development roadmaps regularly, as well as mark trends and requirements, project implementation progress, and add in new cooperation opportunities.
Hidetoshi Shibata, President, and CEO of Renesas said in a statement. “We are committed to supporting the local industry in Vietnam through talent development and business expansion. Since founding our design center in Ho Chi Minh City in 2004, we have continued to expand our presence in Vietnam. We also established a second design center in Da Nang this April. The collaboration with VinFast reinforces our commitment. We are thrilled to join VinFast’s journey for its global growth beyond Vietnam. By making EVs more widely available, I am convinced we can lead a greener, safer, and more sustainable way of living.”
“VinFast is on a course of market expansion worldwide and mass production to ensure the highest vehicle performance and timely delivery to customers. This new partnership with Renesas will give VinFast access to both advanced in-vehicle semiconductor technology as well as high-level system expertise, with the aim to accelerate the development of safe and sophisticated EVs for global markets,” said Le Thi Thu Thuy, Vice Chairwoman of Vingroup and Global CEO of VinFast.
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The two companies had collaborated previously on automotive infotainment systems, with VinFast’s VF8 and VF9 EV models, utilizing Renesas’s SoCs, R-Car, and analog products.
To find out more about the collaboration between Renesas and VinFast, check out the websites listed below.
VinFast | vinfastauto.us
Renesas Electronics Corporation | renesas.com
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