VinFast & NXP Semiconductors Collaborate on Developing Next Generation of Smart Vehicles

VinFast and NXP Semiconductors have announced their collaboration on applications for VinFast's next-generation smart vehicles. Under the collaboration, VinFast seeks to utilise NXP's processors, semiconductors and sensors.

VinFast and NXP will engage in the early development phases of new VinFast automotive projects, leveraging NXP's portfolio of system solutions for innovative applications.

Together the companies will develop solutions based on NXP's reference evaluation platforms and software layers with the purpose of designing and building electric vehicles (EVs).

VinFast is a member company of Vingroup, the largest conglomerate in Vietnam..

As such, other companies in Vingroup will also be able to use NXP's solutions to advance their Smart City applications.

NXP Semiconductors is a leader in secure connectivity solutions for embedded applications, with a focus on the automotive, industrial and IoT, mobile, and communication infrastructure markets.

Madam Le Thi Thu Thuy, Vingroup Vice Chairwoman and CEO of VinFast Holdings, says: "Our collaboration with NXP will help streamline our next-generation designs, technology, and manufacturing. Our future all-electric vehicle fleet will leverage NXP's innovative, high quality semiconductor solutions to enable safe, secure and electric mobility as well as IoT solutions that remove barriers for the citizens of today's smart cities."

"We are excited to collaborate with VinFast, a company that is well positioned to identify and take advantage of the opportunities at the crossroads of automotive and Smart Cities," adds Lars Reger, CTO, NXP Semiconductors." "We look forward to bringing our strong portfolio, expertise and ecosystem to a relationship based on inspiring and shared future vision."

Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.