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This event marks a significant milestone in promoting the development of a green transportation ecosystem in Vietnam, combining BYD's advanced new energy vehicle technology with FUTA EV POWER's large-scale charging infrastructure development capabilities, and reaffirming BYD AUTO VIETNAM's long-term commitment to supporting Vietnamese users and expanding the new energy vehicle ecosystem.
This collaboration helps BYD AUTO VIETNAM quickly expand its infrastructure reach for its vehicle lines. BYD customers will have access to a shared network of safe and convenient charging stations within the FUTA/KIM LONG ecosystem, in addition to BYD's existing network.
The backing from FUTA EV POWER's large-scale and comprehensive charging station infrastructure, catering to both passenger and commercial vehicles, is a key factor enabling BYD to enhance customer experience, strengthen confidence in new energy vehicles, and support BYD's market expansion in Vietnam.
Meanwhile, partnering with a leading global energy technology corporation opens up opportunities for direct access to advanced international technology standards, helping FUTA EV POWER improve its battery design and manufacturing capabilities, quality management, and stay updated on the latest charging station trends. Simultaneously, shared data on location and operational capacity will help optimize the efficiency of the company's large-scale charging station network nationwide.
According to the cooperation agreement, BYD AUTO VIETNAM and FUTA EV POWER will collaborate on researching, deploying, and developing advanced battery technology solutions, energy storage systems, and modern charging station infrastructure to meet the growing demand for electric vehicles in Vietnam. Both parties also aim to build a synchronized green energy ecosystem, contributing to improved user experience, optimized operational efficiency, and promoting the use of environmentally friendly vehicles.
Speaking at the ceremony, Mr. Vo Minh Luc - Managing Director of BYD AUTO VIETNAM said: “For BYD, Vietnam is one of the key markets in our long-term development strategy in the region. We are committed to bringing the most advanced products, technologies and mobility solutions, accompanying the green transformation and sustainable development process in Vietnam.”
We believe that promoting the green transition requires synergy between products, technology, and infrastructure. That is the meaning of today's collaboration. BYD highly values FUTA EV POWER's capabilities and vision in developing a green transportation ecosystem and charging station infrastructure in Vietnam.
Today's signing ceremony is not simply a collaboration between businesses, but also a significant milestone in the journey of jointly building a new energy vehicle ecosystem in Vietnam. We expect this cooperation to bring many practical benefits to customers, while contributing to promoting the electrification of transportation and the development of green infrastructure in the future.”
Also speaking at the ceremony, Mr. Dao Viet Anh, Deputy General Director of Phuong Trang Group - FUTA Group, shared: “FUTA EV POWER is still in the process of building and perfecting its charging station infrastructure in Vietnam. We understand that this is a new field with a very rapid pace of technological change, so FUTA EV POWER's spirit is to always be open to learning from leading global partners such as BYD.”
Through this collaboration, we expect to have more opportunities to access international expertise, advanced technology, and effective operating models to gradually improve the quality of infrastructure, services, and customer experience. FUTA EV POWER wishes to contribute a small but practical part to the development of green transportation in Vietnam.”
In the coming period, the two brands will work together to realize their green commitment through concrete actions. While FUTA EV POWER continues to accelerate investment and expand its modern charging infrastructure nationwide, BYD Auto Vietnam is also strongly focused on researching and transferring groundbreaking energy technologies and an advanced range of electric vehicles.
The synergy between FUTA EV POWER's strong domestic infrastructure capabilities and BYD AUTO VIETNAM's global pioneering technology position promises to complete a comprehensive electric energy ecosystem, firmly supporting the green transformation trend of the transportation industry and the Vietnamese economy.
BYD is currently the world's leading manufacturer of new energy vehicles (NEVs) by sales, with over 16.5 million NEVs delivered globally, boasting a comprehensive technology ecosystem ranging from batteries and electric motors to smart electric vehicle platforms. The brand has a presence in over 122 countries and territories, playing a pioneering role in the global electrification trend.
BYD officially launched its brand in the Vietnamese market in July 2024, marking the beginning of its long-term development strategy in one of the most dynamic automotive markets in the region.
Established in 2001, Phuong Trang Group - FUTA Group is one of Vietnam's pioneering enterprises in the fields of passenger transport, freight transport, real estate, rest stop systems, infrastructure investment, manufacturing, assembly and trading of automobiles and auto parts. Over more than 25 years of development, FUTA Group has continuously expanded its service ecosystem, placing customers at the center and aiming for sustainable development coupled with social responsibility.
To anticipate the energy transition trend and the development of green transportation, FUTA Group established FUTA EV POWER with the mission of investing in, building, and operating a modern electric vehicle charging station infrastructure nationwide. With a focus on integrated, safe, and convenient development, FUTA EV POWER is gradually expanding its charging station network in urban areas, residential zones, commercial centers, bus stations, and key transportation routes, contributing to the transition to zero-emission transportation in Vietnam.
