The partnership will focus on several key areas: building battery swapping stations in central Hanoi, developing battery standardization and safety management systems, and jointly creating business models for electric motorcycle platforms.
Starting in the third quarter of this year, LG Energy Solution, Honda, and Hanoi plan to set up approximately 50 battery swapping stations in major areas of the city and introduce a fleet of 500 electric motorcycles to launch a pilot project.
The project will utilize LG Energy Solution's 2170 cylindrical batteries. Honda will be responsible for the battery packs, swapping equipment, and electric motorcycles, while the city of Hanoi will provide regulatory support and local operational collaboration.
Hanoi, known as the "Motorbike Capital," has a population of about 8.5 million, with registered motorcycles exceeding 6 million, making two-wheelers an essential part of daily life.
Deputy Mayor Truong Viet Trung expressed hope that the collaboration with LG Energy Solution and Honda will lead to a convenient battery swapping infrastructure for the citizens of Hanoi.
A representative from LG Energy Solution stated, "Vietnam is a key country for the transition to electric motorcycles in Southeast Asia. We will continue to contribute to the development of eco-friendly transportation infrastructure in Vietnam based on our differentiated technology in the battery sector."
* This article has been translated by AI.
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