VinFast Auto .(US:VFS) news flash·2025-07-11 10:21Core Viewpoint - VinFast has signed a strategic cooperation agreement with BatX Energies to develop a high-voltage battery recycling and reuse project, marking a significant step in localizing its supply chain in India and optimizing product lifecycle [1] Group 1: Company Overview - VinFast is a Vietnamese electric vehicle manufacturer focusing on expanding its operations in the Indian market [1] - BatX Energies is a leading clean technology company in India, providing comprehensive solutions for battery recycling [1] Group 2: Project Details - The agreement includes the recycling of high-voltage batteries and the recovery of materials such as lithium, cobalt, and nickel [1] - The project will also involve the reuse of batteries within VinFast's manufacturing plants and after-sales systems in India [1] Group 3: Strategic Importance - This collaboration is a crucial part of VinFast's strategy to enhance its local supply chain and improve the sustainability of its products [1]