VinFast, Marubeni partner to explore EV battery reuse in Vietnam

Circular Economy & Remanufacturing

By repurposing EV batteries, VinFast expects to generate significant value in the circular economy model and promote sustainable transportation

VinFast, an electric vehicle manufacturer in Vietnam, and Marubeni Corp., a Japanese trading and investment conglomerate, have signed a memorandum of understanding (MOU) to explore opportunities in the secondary use of EV batteries and establish a circular economy model, according to a press release dated Dec. 18.

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