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VinGroup to launch electric bus services in five cities

Conglomerate VinGroup has set up VinBus, its subsidiary specialising in transport services, announced the property developer on May 2.
VinGroup to launch electric bus services in five cities ảnh 1A factory of VinFast in Hai Phong city (Photo: VNA)
Hanoi (VNA) – Conglomerate VinGrouphas set up VinBus, its subsidiary specialising in transport services, announcedthe property developer on May 2.

VinBus is scheduled to provide its publictransport services starting in March next year in five major cities of Vietnam,including Hanoi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho, with achartered capital standing at 1 trillion VND (about 43 million USD).

To meet travelling demand and contribute tothe building of a public transport network while reducing gas and noise, VinBuswill use as many as 3,000 electric buses to be manufactured by VinFast, anotherVinGroup’s subsidiary.

VinFast’s factory on electric buses isbeing under construction. German industrial manufacturing company Siemens willbe VinFast’s technology and component provider.

According to Vingroup Vice President andGeneral Director Nguyen Viet Quang, the conglomerate has set itself a target ofdeveloping and popularising environmentally-friendly vehicles which run withelectricity, and gradually replacing those run on petrol.

It is also a significant move of the groupto offer new services and experiences in high-technology application topassengers. -VNA
VNA
#Conglomerate VinGroup #transport services #electric bus services #VinFast #VinBus #vietnamplus #Vietnam News Agency

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