Li-Cycle Holdings and VinES Energy Solutions, a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. From 2024, Li-Cycle will become VinES’ strategic and preferred recycling partner for VinES’ Vietnamese-sourced battery materials. Consistent with Li-Cycle’s strategy for growing recycling capacity in conjunction with customer demand, the.
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VinFast, the electric vehicle (EV) manufacturer of Vietnam-based Vingroup, said Monday it has announced its plan to open more than 50 VinFast Stores across Germany, France and the Netherlands.The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35.
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LG is reportedly leaving the smartphone business after failing to sell it
Apr 1, 2021 06:08 EDT with 20 comments
Reports of LG winding down its smartphone division have been popping up for a few months now, and earlier this year, a spokesperson for the company confirmed that it was exploring all options in regards to its mobile division. While LG tried to sell the failing business to other companies, it seems that things haven t gone well, and The Korea Times reports (via Android Authority) that LG is dropping out of the smartphone business entirely.
According to the report, LG has been negotiating a potential sale with a number of potential buyers, including Vietnam-based Vingroup, but failed to go through with a sale to any of them. The company also tried selling only parts of its business, but nothing worked out, and ultimately the only solution was to dissolve the business altogether.