VinFast VF32 and VF33
03-18-21, 11:01 AM
#16
Lexus Test Driver
It's the same issue, namely the supply of EV batteries. You did "question the feasibility of a claimed 2022 launch" for VinFast. You believed that VinFast was reliant on LG for their EV batteries and that because LG also supplies EV batteries to Chinese made Teslas that VinFast would be supply constrained. I just pointed out in my previous post that VinFast is not using LG EV batteries but producing their own EV batteries using licensed battery technology from ProLogium and therefore VinFast is not constrained by supply. You should really go back and re-read what you wrote.
As I already also stated, the ProLogium news is irrelevant to my earlier question about supply for a 2022 worldwide launch. There is no official venture with ProLogium yet and the soonest any production could occur is 2023-24, even according to the source you provided.
Last edited by gengar; 03-18-21 at 11:04 AM.
03-18-21, 11:42 AM
#17
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Before asking others to reread anything, you need to reread my post #9. No idea what you're on about, you even quoted it already.
As I already also stated, the ProLogium news is irrelevant to my earlier question about supply for a 2022 worldwide launch. There is no official venture with ProLogium yet and the soonest any production could occur is 2023-24, even according to the source you provided.
As I already also stated, the ProLogium news is irrelevant to my earlier question about supply for a 2022 worldwide launch. There is no official venture with ProLogium yet and the soonest any production could occur is 2023-24, even according to the source you provided.
It (VinFast) has signed an MOU with Taiwanese solid-state battery manufacturer ProLogium, which will enable VinFast to use ProLogium’s patents to manufacture solid-state batteries in Vietnam.
I think you're confusing 2023 with VinFast's 2022 launch date. The year 2023 is when other EV manufacturers can use ProLogium's battery technology. It does not apply to VinFast:
ProLogium is ALSO working with the world’s leading electric vehicle manufacturers to test new battery technology on cars, and is expected to put into operation and mass production from 2023-2024.
03-18-21, 11:59 AM
#18
Lexus Test Driver
According to the MOU, the two parties will set up a joint venture to produce automotive a solid-state battery (SSB) pack for VinFast’s EVs.
And to repeat, there is nothing even official here.
03-18-21, 02:20 PM
#19
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Again, you need to actually read your own sources instead of cherry-picking what you want to hear and then recklessly accusing others of confusion to cover up for it. Literally the next sentence in your article states:
(emphasis added)
And to repeat, there is nothing even official here.
(emphasis added)
And to repeat, there is nothing even official here.
FYI, 2022 is still relatively far away and plenty of time for anything to happen or not happen and unless you have insider information on the terms of the MOU you're passing your opinion off as fact. I guess only time will tell if VinFast can/will launch their EVs or not in 2022. However, given how quickly they have proceeded to design and manufacture their ICE vehicles within a span of a couple of years I'm going place my bet on them launching their EVs some time in 2022.
03-18-21, 03:14 PM
#20
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You make too many assumptions. First, you assumed VinFast was going to use LG or Samsung for their EV batteries and that battery supplies were going to be constrained. Now, you're assuming since "nothing even official here" that VinFast won't/can't launch their EVs in 2022.
It is a fact that the news source you presented states the JV is not official. That's not an opinion. All that's there is an MoU and further, the whole point of an MoU is that it is not legally binding.
03-18-21, 03:38 PM
#21
Lexus Champion
You make too many assumptions. First, you assumed VinFast was going to use LG or Samsung for their EV batteries and that battery supplies were going to be constrained. Now, you're assuming since "nothing even official here" that VinFast won't/can't launch their EVs in 2022.
FYI, 2022 is still relatively far away and plenty of time for anything to happen or not happen and unless you have insider information on the terms of the MOU you're passing your opinion off as fact. I guess only time will tell if VinFast can/will launch their EVs or not in 2022. However, given how quickly they have proceeded to design and manufacture their ICE vehicles within a span of a couple of years I'm going place my bet on them launching their EVs some time in 2022.
FYI, 2022 is still relatively far away and plenty of time for anything to happen or not happen and unless you have insider information on the terms of the MOU you're passing your opinion off as fact. I guess only time will tell if VinFast can/will launch their EVs or not in 2022. However, given how quickly they have proceeded to design and manufacture their ICE vehicles within a span of a couple of years I'm going place my bet on them launching their EVs some time in 2022.
03-18-21, 04:38 PM
#22
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-A few news sources report that this company is sourcing batteries from LG, but LG is already the sole supplier for Chinese-manufactured Model Y (supposedly through 2022) as well as one of the suppliers for the Chinese-manufactured Model 3. Is Tesla actually not supply-constrained in China, or how is this company fighting off Tesla for battery supply?-Most of the press releases that come up from internet searches suggest VinFast has actually repeatedly failed at securing battery supply, including from Samsung, which is what made me question the feasibility of a claimed 2022 launch.
-What I was wondering is how the company can secure sufficient battery capacity for a supposed worldwide launch in 2022 given their apparent recent failures in doing so, especially given that worldwide demand far exceeds supply right now.
-Given VinFast's apparent (failed) attempts to secure additional battery supply throughout 2020, though, it does appear they will be quite supply constrained.
-I already mentioned (and you even quoted it) where VinFast is apparently producing batteries for its supposed 2022 worldwide launch, but they do appear to be supply constrained which was my initial question.
-What I was wondering is how the company can secure sufficient battery capacity for a supposed worldwide launch in 2022 given their apparent recent failures in doing so, especially given that worldwide demand far exceeds supply right now.
-Given VinFast's apparent (failed) attempts to secure additional battery supply throughout 2020, though, it does appear they will be quite supply constrained.
-I already mentioned (and you even quoted it) where VinFast is apparently producing batteries for its supposed 2022 worldwide launch, but they do appear to be supply constrained which was my initial question.
So, you're telling me you did not question how VinFast was "fighting off Tesla for battery supply"? This is your first assumption, you assumed VinFast was getting their EV batteries from the same vendor/supplier as Tesla.
Your second assumption was you assumed that VinFast "appear to be (battery) supply constrained". Do you have insider information on VinFast's EV battery production capabilities that you can share with all of us?
A MOU may not be legally binding but it is still an agreement between two business entities. Perhaps, the MOU allows for VinFast to have early access to ProLogium's battery technology know-hows, hence, the 2022 launch date for VinFast's EVs. Only time will tell.
03-18-21, 04:41 PM
#23
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If I’m not mistaken, solid state batteries aren’t commercially available yet anywhere for anything. I might be wrong on this. a cursory google search tells me that the earliest we might see them in mass production vehicles is pretty much around the end of the decade. I would like to know if any solid state batteries have made it out of the test labs and into the test track. Maybe they are further along than I thought, but it seems to me at this point that researchers haven’t even figured out their final chemistry yet.
Toyota’s Quick-Charging Solid-State Battery Coming in 2025
03-18-21, 05:22 PM
#24
Lexus Test Driver
But according to you, "perhaps" = assumption. Maybe try not to be so hypocritical.
Last edited by gengar; 03-18-21 at 05:32 PM.
03-18-21, 09:37 PM
#25
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This will be the third time I will repeat that I already updated that outdated info (in post 9) about the LG Chem JV, it's beyond me why you keep acting like I didn't post that when you've even quoted it multiple times.
Already clearly stated, this was based on some news reports that VF failed to secure battery supply from Samsung. "appear" = opinion, I did not state this as fact, it is not an assumption, you and others are certainly welcome to debate it and/or answer my very simple question.
04-12-21, 03:46 PM
#26
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VinFast sees potential $60 billion valuation in U.S. IPO
HANOI — Vingroup JSC, Vietnam's largest conglomerate, is considering an U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday.
Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said.
Bloomberg News had reported earlier on Monday that the company could raise as much as $3 billion in its IPO, making it the biggest-ever listing by a Vietnamese company.
The offering will take place in the second quarter, one of the sources said.
Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said.
Bloomberg News had reported earlier on Monday that the company could raise as much as $3 billion in its IPO, making it the biggest-ever listing by a Vietnamese company.
The offering will take place in the second quarter, one of the sources said.
04-12-21, 04:08 PM
#27
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Most of the press releases that come up from internet searches suggest VinFast has actually repeatedly failed at securing battery supply, including from Samsung, which is what made me question the feasibility of a claimed 2022 launch. And my question regarded their electric capabilities; all they've made as far as EVs so far appear to be a handful of electric scooters.
Last month, Reuters exclusively reported that VinFast was in early stage talks with Taiwan's Foxconn about partnering in electric vehicles.The company sold about 30,000 vehicles last year and has forecast sales of more than 45,000 for 2021. It will begin delivery of EVs produced at its factory in the northern port city of Hai Phong to domestic customers by December.
VinFast, which also produces electric motorbikes and buses, obtained a permit to test autonomous vehicles on public streets in California earlier this year.
VinFast, which also produces electric motorbikes and buses, obtained a permit to test autonomous vehicles on public streets in California earlier this year.
Source: Automotive World
04-12-21, 06:39 PM
#29
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The VF31 car is expected to start receiving orders in Vietnam from May 2021, and hand over to customers from November 2021.VF32 and VF33 will receive orders from September 2021 in Vietnam, hand over from February 2022. In the US and Canadian, European market, VinFast will receive orders from November 2021 and hand over from June 2022.
Last edited by F1Driver; 04-12-21 at 06:45 PM.
04-13-21, 11:06 AM
#30
Lexus Test Driver