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The People’s Committee of Ha Tinh Province and Vingroup officially began construction of the VinES Battery Manufacturing Factory in the Vung Ang Economic Zone (Ha Tinh).
The facility is backed by VND 4,000 billion (nearly 173.7 million USD) in investments and is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in VinFast’s strategy of self-production and supply of batteries with global standards for its electric vehicles.
The VinES Battery Manufacturing Factory will provide Lithium batteries for VinFast’s electric cars and buses. In Phase One, the factory will scale 8 hectares, funded by a total investment of more than VND 4,000 billion. The entire infrastructure of the factory, including a casting shop, a welding shop, and a packaging (battery pack) shop, is designed to produce 100,000 battery packs per year. Phase Two of the factory will expand production to include battery cells manufacturing and upgrade capacity to 1 million battery packs per year.
This very first and most advanced battery plant in Vietnam will be equipped with European and American-standard technologies that boast an astounding workflow automation rate of 80%. Vingroup is also working with strategic partners, include world’s leading companies in pioneering technologies for the production of electric vehicle batteries.
Speaking at the groundbreaking ceremony, Mr. Nguyen Viet Quang, Vice President & CEO of Vingroup noted: “The research and construction of this battery manufacturing factory in the Vung Ang Economic Zone reflect our efforts to establish a clean energy ecosystem that contributes to the localization of VinFast’s supply. Furthermore, we have been promoting collaboration with many prestigious partners around the world, including firms in the US, Israel, Taiwan, China and more, to research, develop and apply cutting-edge battery technologies such as super-fast charging, 100% solid-state batteries and highly advanced battery materials.”
The construction of the VinES Battery Manufacturing Factory marks a significant step in implementing Vingroup’s “three-pillars” battery strategy, including procuring batteries from the world’s top manufacturers, collaborating with partners to produce the world’s best batteries and conducting in-house research and development for battery production.
This is a key strategy in VinFast’s goal of becoming a global smart electric vehicle company. With this, VinFast will be able to provide a wide range of batteries that are suitable for each of its electric vehicle lines, fulfill growing demands in the Vietnamese and global markets. The importance of this battery factory in VinFast’s global expansion plan is especially significant given its recent introduction of two electric car models, the VF e35 and VF e36, at the Los Angeles Auto Show last November.
According to Ms. Thai Thi Thanh Hai, Vice Chairwoman of Vingroup and Vice-Chair of Board of Members of VinFast, “This is in the focus of VinFast’s localization strategy of supply. The strategy enables us to own our supply chain of batteries and parts and to keep VinFast at the forefront of battery technology innovation. This, in turn, helps us provide high-quality products at reasonable prices and drive the movement of the global smart electric vehicle revolution.”
Once operational, the project is expected to attract thousands of domestic and foreign workers and contribute to accelerating industrial production in Ha Tinh Province.
Vietnamese President Nguyen Xuan Phuc spoke about Vingroup’s new battery factory:
Speaking at the groundbreaking ceremony of VinES Battery Manufacturing Factory, Vietnamese President Nguyen Xuan Phuc congratulated Vingroup and shared the conglomerate’s new vision in making a timely switch in its investing strategy from real estate to industry, service, and especially advanced technology, with VinFast automobile manufacturing complex, smartphone production and now a new battery factory.
“This is not only a very encouraging development for big Vietnamese corporations but also a meaningful event that will encourage small and medium enterprises to connect with value chains that are shaping the future,” the Vietnamese President stressed. “Vingroup’s switch in its strategy has shown its strong and direct involvement in Vietnam’s economic restructuring and modernization to enter a new growth path with higher productivity, more advanced technology and more added values.”
President Nguyen Xuan Phuc also stated: “With its proactiveness in acquiring and developing technologies to produce battery – a key component of EV, VinFast will quickly realize its goal of becoming a global smart electric vehicle company. Being able to self-produce and supply will enable VinFast to provide a wide range of batteries that are suitable for each of its electric vehicle lines, fulfill growing demands in the Vietnamese and global markets and contribute to the global EV revolution.
The success of VinES Battery Manufacturing Factory will greatly contribute to the development of a modern and sustainable economy. Vingroup has taken the advantage of being a successor to choose the most advanced technology. This is a decisive, brave and commendable choice. Vingroup’s success in turning into an industrial, technological conglomerate will not only inspire other Vietnamese corporations but also play an important role in establishing a ‘Make-in-Vietnam’ ecosystem of production, recycling and reuse of renewable energy battery.
I expect Vingroup to become a leading technology corporation that invests in research and development of new technologies, pioneers in innovation and succeeds in the global market.
On this occasion, I would like to thank Vingroup for providing cities, provinces and government agencies with donations and support worth more than 10 trillion VND, thereby extending timely aid to many people in difficult times”.
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ABB India Unveils New AI-Enabled Corporate And Business Office
ABB India recently announced that it has moved its corporate and business office to an integrated, sustainable, and digitalised facility within its own Peenya campus in Bangalore. The facility, named Disha, will house the corporate office, along with the offices of Electrification and Motion businesses alongside Process Automation business in the same campus. Located in one of the prime industrial areas of Bengaluru, the campus minimises carbon footprint by sourcing 90 percent electricity from renewable sources; it reduces 55 percent load on potable water with intelligent fixtures and with 98 percent of its waste recycled, almost reaches its target of sero waste to landfill. The 15 acres campus has a green cover of about 30 percent.
By upcycling and repurposing an existing building to convert it to Disha, the project has optimised resources and significantly reduced the environmental impact which a greenfield project of this scale would have generated. Showcasing ABB’s expertise in digital energy management solutions, more than 5000 ABB products are being used in Disha. It is the first ABB facility to deploy ABB’s Aspect IBMS (Integrated Building Management Solutions) technology. This is a unified platform to monitor and control from any location or city, the multiple points enabled with hundred sensors from lighting to HVAC solutions, room controls, safety, and security systems with special CO2 monitors for ambient air quality monitoring in the rooms. This is combined with a cloud-based SaaS solution – ABB Ability™ Building Ecosystem with Active Energy and Asset Manager. It is complemented by electricals from the ABB portfolio and an AI-enabled vehicle management and parking system. These nearly 500 connected products with embedded intelligence are designed to significantly reduce overall energy consumption and carbon footprint while saving energy costs by up to 30 percent.
“At ABB, we have always taken a sustainable and future-ready approach to business. Sustainability is a key part of our company’s purpose and of the value that we create for our customers, employees, and all our stakeholders. The move to the existing Peenya campus brings our people together under the same roof enhancing collaboration and agility. It is also a step towards minimising our carbon footprint, repurposing existing resources while offering a smarter workplace focused on employee wellbeing and improving productivity. ABB is developing all the companies’ manufacturing campuses at Nashik, Baroda, Faridabad, and Bangalore & multiple office campuses to common ESG standards in India. The vision was to create a model, flexible industrial infrastructure project with an enabling eco-system by working with all our partners and stakeholders,” said Sanjeev Sharma, Country Head and Managing Director, ABB India.
“In India, almost 30 percent of the energy is consumed by buildings and we believe Disha will create a legacy, a demonstration of what can be done to make buildings more efficient through the deployment of integrated digital building automation & electrical technology,” he added.
This project also included the enhancement of local infrastructure through a 360-degree development of the associated road related infrastructure and laying of cable trenches for future expansion of IT infrastructure of the companies co-located in this area. As part of the sustainable infrastructure development theme, a special recycled plastic mix of 6,000 kgs, equivalent to 1,50,000 (1.5 lac) one-liter bottles is used for the footpath construction.
ABB India’s Peenya campus has been in operation for more than 30 years and has been the bedrock of multiple milestones for the company. The campus hosts innovation centers of multiple products, global factories, precision product manufacturing with smart shopfloors, and remote monitoring centers for connected devices across Indian industries. The new building, Disha was built continuing the heritage of the location as well as retaining the existing green cover. Nearly 120 trees, some more than 60 years old, were preserved during the construction process.
Source_ABBIndia
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