Vietnam's VinFast inks deal with Marubeni to recycle used EV batteries

Vietnam's VinFast inks deal with Marubeni to recycle used EV batteries

FILE PHOTO: People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo

Vietnamese electric vehicles (EV) maker VinFast said on Monday it had signed a memorandum of understanding with Japan’s Marubeni Corp to recycle used EV batteries.