Germany’s automotive semiconductor solution provider Infineon Technologies and Vietnamese electric car maker VinFast have expanded their electromobility partnership, the duo announced Thursday.
The two companies will set up a joint application competence center focusing on electromobility to accelerate VinFast’s development of solutions for the future of smart mobility, the pair said in a joint release from Infineon’s OktoberTech Asia Pacific 2022 Technology Forum in Singapore.
They have not concluded the site for the center, called VinFast-Infineon Competence Center (VICC), but expect to inaugurate the center in the first quarter of 2023.
“We are thrilled to extend our partnership with Infineon, the leader in semiconductors for electromobility. Infineon’s advanced products and solutions will help to enhance VinFast’s production efficiencies and support us reach our goals faster,” Le Thi Thu Thuy, global CEO of VinFast, said.
“The growth of electromobility is undisputed,” said Peter Schaefer, executive vice president and CMO of the automotive division at Infineon.
He added, “Infineon is committed to driving this progress together with partners like VinFast that demonstrate high execution speed and strong determination. We will assist VinFast’s electrification journey and support the advancement of their electric platform designs.”
VICC, the duo’s new center, will initially focus on the development of a new electric drive train for VinFast electrified platforms.
VinFast and Infineon have been working closely for more than three years prior to this newly extended agreement. Many of Infineon’s solutions have been utilized in VinFast’s vehicles, like its inverter for the electric motor and high-voltage on-board charger (OBC) and DC-DC for ePowertrain, as well as in E/E (electrical and electronic) architectures.
Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. It was the global number one in the 2021 automotive semiconductor market with an overall market share of 12.7%, and an outstanding share of 31.7% in the automotive power semiconductor market, the German firm states. It is listed on the Frankfurt Stock Exchange as IFX, and in the U.S. on the over-the-counter market OTCQX International Premier as IFNNY.
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 city, northern Vietnam.