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VinFast and Durango Union Join Forces for 3K Electric Vehicles, Green Transport Push

Benzinga ·  Nov 4 16:10

VinFast and the Durango Drivers' Union in Mexico signed a Memorandum of Understanding (MOU) to collaborate on the green transition of public transport, including the potential purchase of 3,000 VF 5 electric cars and 300 electric buses by Durango Driver's Union for operation in Mexico. This strategic partnership underscores the growing global interest in VinFast's electric vehicles, highlighting their ability to meet the evolving needs of diverse markets.

Under the agreement, both parties will negotiate the sale of VF 5 electric vehicles and electric buses to the Union of Drivers and Related Workers of Durango, a member of the Confederation of Mexico Workers (CTM) for public passenger transport in Durango City, replacing the current gasoline-powered fleet.

Additionally, VinFast and its affiliate, V-Green, and CTM will collaborate in studying, setting up, installing, and/or operating charging infrastructure for electric vehicles and electric buses in Durango, creating a convenient and extensive charging network to meet the needs of both personal and public transport vehicles.

This cooperation will contribute to the greening of transportation and the development of the EV ecosystem in Durango City and across Mexico. Replacing the gasoline fleet with electric vehicles will significantly reduce CO2 emissions, while also helping the Durango Drivers' Union save on operating costs and create new jobs through the installation and operation of the charging system.

A subsidiary of Vingroup, the leading private conglomerate in Vietnam, VinFast offers a full range of electric vehicles, from cars and buses to scooters and bikes. Their compact e-SUV VF 5 is a popular choice for both individual drivers and taxi fleets due to its good value, reliability, nice design, smart technologies. VinFast's electric buses are designed with versatile capacities and options, prioritizing safety with the latest technology. These vehicles, along with others in VinFast's lineup, have been adopted by various transportation companies throughout Vietnam, playing a crucial role in familiarizing the public with EVs and promoting a greener transportation landscape.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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