VinFast & Renesas Sign Strategic Partnership to Advance Automobile Technology

VinFast, Vietnam’s first global EV maker, and Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, are expanding their collaboration agreement to include automotive technology development of electric vehicles (EVs) and delivery of system components. As part of the agreement, Renesas will provide a broader range of products to VinFast, which will include System-on-Chips (SoCs), microcontrollers, analog and power semiconductors.

Renesas will also provide technical support to assist VinFast in developing future automotive applications and mobility services.

The two companies will regularly share product development roadmaps, market trends and requirements, project implementation progress as well as new cooperation opportunities.

VinFast and Renesas have previously collaborated on automotive infotainment systems, and Renesas’ SoCs (System-on-Chips), R-Car, and analog products have already been implemented in VinFast's new VF8 and VF9 EV models.

The signing ceremony of the strategic collaboration was held at VinFast’s factory in Haiphong City, Vietnam earlier this month, which was attended by VinFast’s CEO, Le Thi Thu Thuy and Renesas’ CEO, Hidetoshi Shibata.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup and Global CEO of VinFast, says: “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.”

“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,” adds Hidetoshi Shibata, President and CEO of Renesas. “The collaboration with VinFast reinforces our commitment. We are thrilled to join VinFast’s journey for their 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 owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.