This deal marks the Vietnamese electric vehicle pioneer's initial foray into the African market, solidifying its position as a frontrunner in the global shift towards sustainable transportation.
Under this agreement, Jospong will distribute VinFast's entire range of vehicles, including electric cars, e-scooters, e-bikes, and electric buses, throughout Ghana and West Africa. Jospong will also plan to deploy public charging infrastructure across the country to support EV penetration. This collaboration with one of West Africa's leading conglomerates strengthens VinFast's commitment to delivering green and smart transportation solutions to customers worldwide, while also allowing the company to tap into the promising potential of the African electric vehicle market.
Jospong Group operates across 14 different sectors with a network of over 60 companies. The group has a strong presence in industries like automobile, waste management, ICT, and banking.
In addition to the announced distribution agreement, Vingroup, Vietnam's leading private multi-industry conglomerate and parent company of VinFast, has signed a Memorandum of Understanding (MoU) with Jospong Group. Vingroup and Jospong will work together to identify and pursue business opportunities in areas of mutual interest, including electric vehicles, taxi operations, public transportation solutions, education, hospitality, and real estate development.
Dr. Joseph Agyepong, Executive Chairman of Jospong Group, stated, "Vingroup's commitment to a green revolution, particularly through their innovative electric vehicle ecosystem and VinFast's diverse offerings, is truly inspiring. We are thrilled to partner with Vingroup and VinFast on their global journey, working together to build a more sustainable and beautiful future for all."
Mr. Tran Viet Anh, representative of VinFast Global shared: "Ghana and West African electric vehicles market is poised to grow, and we're honored to be at the forefront of this revolution alongside a leading Ghanaian corporation. Together, we're committed to building a sustainable future for Ghana by providing a comprehensive electric transportation ecosystem, from bicycles and cars to buses with flexible sales, ensuring everyone can join the clean transportation revolution."
Electric vehicle market in Ghana and West Africa boasts significant development potential due to ample room for growth and minimal competition. Fueled by government support for achieving net-zero emissions in transportation, demand is forecast to surge rapidly. Ghana envisions a future by 2040 where a significant portion of gas stations will be repurposed to serve sustainable transportation options, like electric vehicles.
This cooperation with Jospong Group presents a significant opportunity for Vingroup and VinFast to rapidly solidify their position in the region's electric vehicle market and establish themselves as leaders in the broader sustainable transportation industry.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90% automation in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.us/
Queensland’s growing population is putting pressure on governments to find more places for people to live. While new housing estates are part of the answer, established…
Understand What a Digital Lock Changes
Moving away from a traditional key can change how people manage entry to a home, office or other property. A digital door lock c…
Look at the Range of Dental Care Available
Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne …
A ducted heating or cooling system can circulate air throughout your home for hours at a time, but the ductwork itself is often overlooked during routine cleaning. Prof…
Start With Your Business Technology Needs
Choosing an information technology service provider involves more than finding a company that can respond when something goes…
When Locksmith Help Goes Beyond A Locked Door
Reliable locksmith services can cover a wide range of access and security problems, from household lockouts to damaged lo…
The trends and technology has changed over the past few years. The way people search and read about a business has shifted, from reading each article about the business…
Managing employees involves more than hiring the right people and creating a productive workplace. Businesses also need to ensure their employment practices, agreements…
Look at the Range of Dental Care Available
Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne patients visit may provide gen...
In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...
The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...
Hashtag.net.au
