Vietnamese automaker VinFast, which expects to launch two electric vehicles in Europe and the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast said in a statement.
VinFast, through parent company Vingroup, is investing "tens of millions of U.S. dollars" in ProLogium to support the startup's proprietary solid-state technology, VinFast said Wednesday.
It also signed a memorandum of understanding to secure battery supplies from ProLogium for its next-generation vehicles, VinFast said.