NXP and VinFast Collaborate on Developing Next-Generation Smart Electric Vehicles

NXP and VinFast will engage in the early development phases of new VinFast automotive projects, leveraging NXP’s rich portfolio of system solutions for innovative applications.

What’s New

VinFast and NXP^® Semiconductors have announced their collaboration on VinFast’s next-generation of Automotive applications at this year’s CES exposition. The collaboration supports VinFast’s goal in developing smarter, cleaner and connected electric vehicles.

Under the collaboration, VinFast seeks to leverage NXP’s processors, semiconductors and sensors. VinFast and NXP will engage in the early development phases of new VinFast automotive projects, leveraging NXP’s rich portfolio of system solutions for innovative applications.

More Details

Additionally, NXP will share its robust partner ecosystem with VinFast bringing its top-notch solutions to accelerate time-to market. Together the companies will also establish a joint expert collaboration dedicated to developing solutions based on NXP’s renowned reference evaluation platforms and software layers with the purpose of designing and building leading-edge electric vehicles.

As a member company of Vingroup, the largest conglomerate in Vietnam, the collaboration between VinFast and NXP will realize the group’s ecosystem of product and services to leverage cross-over connected benefits for its customers. As such, other companies in the group will also be able to leverage NXP’s smart solutions to advance their Smart Cities applications.

“Our collaboration with NXP will help streamline our next-generation designs, technology, and manufacturing. Our future all-electric vehicle fleet will leverage NXP’s innovative, high quality semiconductor solutions to enable safe, secure and electric mobility as well as IoT solutions that remove barriers for the citizens of today’s smart cities.”

Madam Le Thi Thu Thuy, Vingroup Vice Chairwoman and VinFast Chairwoman

“We are excited to collaborate with VinFast, a company that is well positioned to identify and take advantage of the opportunities at the crossroads of automotive and smart cities. We look forward to bringing our strong portfolio, expertise and ecosystem to a relationship based on inspiring and shared future vision.”

Lars Reger, CTO, NXP Semiconductors

With the aim of expansive and rapid global market rollout and a vision for next-generation cities, this collaboration marks an important milestone in the journey of developing a smarter, cleaner and connected world for all.

About Vingroup

Established in 1993, Vingroup is one of the leading private conglomerates in the region, and currently focuses on three main areas: Technology and Industry, Services, and Social Enterprise. Find out more at: https://www.vingroup.net/en.

About VinFast

VinFast - a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam. Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) enables a smarter, safer and more sustainable world through innovation. As a world leader in secure connectivity solutions for embedded applications, NXP is pushing boundaries in the automotive, industrial and IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 31,000 employees in more than 30 countries and posted revenue of $11.06 billion in 2021. Find out more at www.nxp.com.

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