Article

Vingroup plans to create 1 million carbon credits over five years by selling 2 million vehicles by 2029, with 85% being converted gasoline vehicles. The project, registered under Gold Standard’s GS4GG, estimates emissions reductions based on a comparison of gasoline and electric vehicle emissions over 12,000 km annually. The carbon credits will be traded domestically and internationally, with a focus on environmental protection and battery recycling partnerships with Li-Cycle and BatX Energies.