Hanoi, November 4, 2024 – VinFast and the Durango Drivers and Workers Union in Mexico have signed a strategic cooperation agreement to transform public transport towards green mobility. The agreement includes the potential purchase of 3,000 VF 5 electric vehicles and 300 electric buses in Mexico. This partnership underscores the growing global interest in VinFast’s electric vehicles and highlights the company’s capability to meet diverse market needs worldwide.
According to the agreement, both parties will negotiate the sale of VF 5 electric vehicles and electric buses to the Durango Drivers Union, a member of the Mexican Workers’ Federation (CTM), for public passenger transport in Durango City, replacing the current fleet of gasoline vehicles.
Additionally, VinFast, along with V-Green and CTM, will collaborate to study, establish, install, and/or operate an electric vehicle and bus charging infrastructure in Durango City, building a convenient and extensive charging network to meet the needs of both private and public transport.
This partnership will contribute to greener transportation and foster an electric vehicle ecosystem in Durango City and throughout Mexico. Replacing the gasoline fleet with electric vehicles is expected to significantly reduce CO2 emissions, lower operational costs for the Durango Drivers’ Union, and create local jobs through the installation and operation of charging stations.
As a subsidiary of Vingroup, Vietnam’s leading private conglomerate, VinFast provides a comprehensive range of electric vehicles, including cars, buses, motorbikes, and bicycles. The compact e-SUV, VinFast VF 5, is an ideal choice for personal users and taxi businesses, valued for its economy, stable performance, attractive design, and smart technology. VinFast’s electric buses come with varied capacities and safety features equipped with the latest technologies. VinFast’s vehicles are widely adopted by transport companies across Vietnam, playing a key role in familiarizing the public with electric vehicles and advancing green transportation.
While still in its early stages, Mexico’s EV market is experiencing rapid growth. The country has significant potential in the electric vehicle sector, with the Mexican government exploring incentives to accelerate development in this area.
VinFast, a global electric vehicle brand, has pioneered solutions and partnerships to promote green mobility worldwide. Recently, VinFast marked a significant milestone as the first pure electric vehicle brand to lead in sales in Vietnam in September 2024, while expanding its presence with numerous EV models in the U.S., Canada, France, Germany, the Netherlands, Indonesia, and the Philippines.
About CTM
Founded on August 8, 1932, the CTM Drivers and Workers Union in Durango is one of the city’s primary public transportation providers, operating over 300 buses and 5,000 taxis. The Union currently manages around 65% of transportation franchises, offering services such as employee shuttles, school transport, and tourism, addressing various mobility needs. As a member of the Mexican Workers’ Federation (CTM), the nation’s largest trade union organization, the Union is committed to protecting workers’ rights and promoting fair working conditions in the transport industry.
The Union is building a breakthrough business model with the aim of purchasing 100% electric vehicles to modernize its fleet. This project intends to enhance service quality, reduce emissions, and support Durango’s environmental commitments, aligning with the global trend toward electrified transportation.
