Hanoi, March 15, 2024 - VinFast Auto officially signed an agreement with Jospong Group of Companies, Ghana's leading multi-industry group, on distributing electric vehicles in the Ghanaian market and the West African region. The agreement marks VinFast's presence in Africa, affirming the pioneering position of the Vietnamese electric vehicle manufacturer in the global greening of transportation.
Accordingly, Jospong will distribute VinFast electric cars, electric motorbikes, electric bicycles and electric buses in the Ghanaian market in particular and West Africa in general. Jospong also plans to deploy public charging infrastructure nationwide to promote the development of electric vehicles here.
Cooperating with one of the largest multi-industry business groups in the West African country, VinFast affirms its commitment to providing global consumers with green and smart transportation options, while exploring the potential in the growing African electric vehicle market.
Jospong Group's business activities span 14 sectors in African and Asian countries with 60 subsidiaries, notably in the automotive, waste treatment, information technology and banking sectors.
In addition to the vehicle distribution agreement, Vingroup, Vietnam’s leading private conglomerate and parent company of VinFast, also signed a Memorandum of Understanding (MoU) with Jospong to establish a priority partnership. Accordingly, the two parties will actively work towards business cooperation opportunities in key areas such as electric vehicles, taxis, public transport, education, hotels, real estate development and others.
Mr. Joseph Agyepong, Executive Chairman of Jospong Group, stated: “We are very impressed with Vingroup’s contributions to the green revolution taking place on a global scale, especially VinFast’s electrified transportation ecosystem and diverse electric vehicle product range. We are honored to accompany Vingroup and VinFast’s global expansion process, to jointly create a more sustainable and beautiful future.”
Mr. Tran Viet Anh, representative of VinFast, shared: “Ghana is a potential electric vehicle market with a lot of room for growth. We are honored to cooperate with one of Ghana’s leading multi-industry corporations in the journey to promote green transportation and a sustainable future. With a flexible sales policy and a diverse product range from bicycles to cars, we aim to rapidly expand in the region’s fast-growing electric vehicle market, with a commitment to making electrification accessible to everyone.”
The Ghanaian and West African electric vehicle market has great potential for growth with high headroom and little competition. Demand is expected to increase rapidly with the government’s support to achieve net zero emissions in the transport sector. The country expects a large number of petrol stations to be used for sustainable transport such as electric vehicles by the end of 2040.
Through cooperation with Jospong Group, Vingroup and VinFast can quickly consolidate their position and affirm their stature in the electric vehicle market in particular and the sustainable transportation industry in general in the region.
About VinFast VinFast is a member company of Vingroup Corporation, with the vision of becoming a smart electric vehicle brand that strongly promotes the global electric vehicle revolution. Established in 2017, VinFast owns a modern, regional-leading automobile manufacturing complex located in Hai Phong, Vietnam with an automation level of up to 90%. With a strong commitment to the mission of creating a green future for everyone, VinFast is constantly innovating, bringing high-quality, classy products, smart service platforms, excellent customer experiences and reasonable pricing strategies, thereby inspiring global customers to join hands for a smart mobility future and a sustainable planet. Learn more at: https://vinfastauto.com |
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