The project has a total investment of more than VND6,32 trillion (US$275 million), a scale of 14 hectares (34.5 acres) with a design capacity of 5GWh/year, equivalent to approximately 30 million battery cells per year.
VinFast LLC and China''s Gotion High-Tech Co Ltd signed an Memorandum of Understanding (MoU), focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga Factory - the first-ever LFP battery cell production facility...
