Automotive Vinfast intel cover photo MOU

Published on June 7th, 2022 | by Subhash Nair

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VinFast’s Parent Company Signs MOU With Intel

Vingroup signed an MOU with Intel, mentioning Mobileye for their VinFast cars.

VinFast is an up and coming Vietnamese electric car company. Its parent company, Vingroup, has just signed a Memorandum of Understanding with American chipmaker Intel to create a range of advanced computing systems. The MOU mentions Intel’s ADAS and autonomous drive division, Mobileye.

Vinfast Intel MOU signing

Earlier, Vinfast said that it would use NVIDIA’s autonomous drive systems in cars starting this year. Are they switching suppliers or adding another one to the list?

Vingroup will also use Intel hardware to build smart factory solutions for Vinfast related production, including for EV battery production. Here’s the press release with more.

PRESS RELEASE

Vingroup today announced that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.

The collaboration is part of a continued effort from Vingroup to work with top tier global suppliers who can aid with manufacturing development, smart services and electric vehicle initiatives. Intel is at the forefront of data analytics, artificial intelligence and in-vehicle computing advancements that are changing the experience and business of driving. 

Under the agreement, Vingroup and Intel will work to explore opportunities for 5G-enabled smart city and smart building solutions, which can be applied to Vinhomes’ Smart City projects. The companies will also work to collaborate around creating and deploying smart factory IOT solutions for VinES batteries manufacturing and VinFast electric vehicles manufacturing. 

Vingroup and Intel will collectively define and build both an optimized and scalable computing architecture for AI training and inference for Vingroup’s in-vehicle and cloud applications that enables a specific in-vehicle experience for consumers and an optimized multi-cloud strategy to potentially migrate and deploy open-source in-vehicle and in-building applications. The applications can include high-performance data management systems for ADAS and Infotainment, manufacturing and supply chain management along with enterprise solutions for Vingroup facilities. 

Both companies will also work together to define a shared vision of future in-vehicle computing platforms and build scalable in-vehicle computing platforms for Advanced Driver Assistance Systems (ADAS) based on Mobileye technology and infotainment systems that deliver a unique in-vehicle experience for Vingroup and VinFast customers and create a suite of services that will differentiate them from competitors.

Vingroup recently adjusted its orientation and redefined three key groups of activities, namely technology and industry, trade and services, and social enterprise. To develop the technology and industry group, Vingroup focuses on two main strategies: building Vingoup’s technology ecosystem and connecting global intelligence – cooperating with the world’s leading technology partners to accelerate the application of the most advanced and new technologies to Vingroup’s products and services.

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