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20 May 2024

Daily Newsletter

VinFast partners with Bosch over EU charging points

Giving access to 700,000 strong network

Dani Cole May 20 2024

VinFast has signed a cooperation agreement with global automotive supplier Bosch.

The agreement will give VinFast customers access to a network of 700,000 charging points in 30 European countries.

It marks an achievement in VinFast’s efforts to expand in the European market, it says.

Ms. Le Thi Thu Trang, VinFast Europe CEO said: "This partnership with Bosch ensures our customers have access to a reliable and extensive network, fostering a smooth transition to electric mobility.”

Mr. Martin Knoss, Vice President Bosch ASEAN said: "The majority of electric vehicle drivers rely on public charging infrastructure. Recognising this need, Bosch has continuously expanded its global network, increasing it by sixfold since 2020.”

Bosch said it anticipated having a total of 850,000 charging ports by the end of 2024.

VinFast is present in established markets such as the US, Canada and Europe, and expanding into further markets across Asia and the Middle East and Africa.

Electric Vehicles (EV) Market Overview

Per GlobalData's latest report, the EV market volume was 24.8 million units in 2023 and is expected to grow at a CAGR of >10% by 2031. Rising environmental concerns and consumer preferences for clean mobility coupled with supportive government policies to promote the usage of eco-friendly transportation are expected to significantly boost the adoption of EVs.

Electric Vehicles (EV) Market Overview

Per GlobalData's latest report, the EV market volume was 24.8 million units in 2023 and is expected to grow at a CAGR of >10% by 2031. Rising environmental concerns and consumer preferences for clean mobility coupled with supportive government policies to promote the usage of eco-friendly transportation are expected to significantly boost the adoption of EVs.

Electric Vehicles (EV) Market Overview

Per GlobalData's latest report, the EV market volume was 24.8 million units in 2023 and is expected to grow at a CAGR of >10% by 2031. Rising environmental concerns and consumer preferences for clean mobility coupled with supportive government policies to promote the usage of eco-friendly transportation are expected to significantly boost the adoption of EVs.

Electric Vehicles (EV) Market Overview

Per GlobalData's latest report, the EV market volume was 24.8 million units in 2023 and is expected to grow at a CAGR of >10% by 2031. Rising environmental concerns and consumer preferences for clean mobility coupled with supportive government policies to promote the usage of eco-friendly transportation are expected to significantly boost the adoption of EVs.

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