US EditionKim Long Motor Inks Battery Supply Deal with LG Energy Solution
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LG Energy Solution to join hands with Kim Long Motor
Pictured above is cylindrical battery cells produced by LG Energy Solution. [Photo courtesy of LG Energy Solution] LG Energy Solution has partnered with Vietnam’s Kim Long Motor to establish an electric vehicle (EV) battery production facility, further strengthening its foothold in the fast-growing Southeast Asian market. According to foreign media reports on Aug. 28, the two companies signed a memorandum of understanding (MOU) to build a plant …
Kim Long Motor inks battery supply deal with LG Energy Solution
LG Energy Solution will supply cylindrical battery cells, while Kim Long Motor will produce and assemble the complete battery packs. This is an important strategic step, marking the comprehensive partnership between the world's leading energy group and a Vietnam-based automobile manufacturing and assembly company. This is a vital factor in shaping and developing high-quality 'Make-in-Vietnam' EVs in the future. LG's latest-generation NMC…
[Digital Daily Reporter Bae Tae-yong] LG Energy Solution is moving to conquer the Vietnamese electric vehicle market. It has signed a memorandum of understanding (MOU) with local automaker Kim Long Motors to supply battery cells for electric buses, marking a full-scale entry into emerging Asian markets. According to industry sources on the 28th, LG Energy Solution signed a cylindrical battery cell supply agreement with Kim Long Motors in Hue, Vi…
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