FPT Automotive, a global technology services company, has officially launched its automotive technology business. FPT Automotive aims to become a billion-dollar world-class automotive services and products provider in 2030, with a mission to drive the advancement of software-defined vehicles (SDV), shape the new mobility era, and deliver the highest standards of safety and superior experiences to customers.
The ceremony was held in Texas, USA, with senior executives from FPT, clients, partners, and a representative from the Consulate General of Vietnam in Houston in attendance.
FPT Automotive provides in-vehicle infotainment, Electronic Control Units (ECU), functional safety, security, automotive UI/UX design, wireless connectivity, and digital engineering.
MaaZ, the proprietary AUTOSAR for turn-key ECU solutions, is at the heart of these services. Using its software development expertise, the business hopes to help global tier-1 suppliers, OEMs, and chipmakers improve market competitiveness and provide more connected, intelligent, sustainable, and future-ready vehicles.
The organization adheres to industry standards such as ISO26262 for functional safety management and automobile SPICE for software development procedures in the automobile industry. FPT Automotive presently boasts a global team of 4,000 automotive software engineers and experts working across multiple delivery models, allowing for streamlined solutions, reduced costs, and adaptability to changing client and industry requirements. The United States, Europe, Japan, South Korea, China, and Vietnam are among its primary markets.
Dr. Truong Gia Binh, Founder and Chairman of FPT Corporation, participated online at the event from Hanoi, Vietnam.
FPT Automotive’s debut responds to global demand for SDVs, fits with FPT’s strategic investment in automotive product engineering services and solutions, and utilizes the company’s broad knowledge. It enables a more client-centric approach, which is driven by global account management and mergers and acquisitions.
“With more than 10 years of experience in the automotive industry, a diverse pool of talented human resources, the latest technologies like AI, cloud computing, and computer vision, as well as partnerships and investments with renowned companies like Landing AI and Cardinal Peak, we aspire to accelerate the rapid development of automotive, a sector now determined by software,” said Dr. Truong Gia, president and CEO of FPT Corporation Binh, in a press release.
“One of our key growth engines has been automotive.” This new subsidiary underscores our commitment to investing in cutting-edge technologies and collaborating with leading experts and partners to produce pioneering products and services for automotive technology development. “We are well-positioned with FPT Automotive to address emerging market needs, unlock new opportunities, and deliver exceptional performance for our clients globally,” said FPT Software Chairwoman Chu Thi Thanh Ha.
“FPT Automotive intends to maintain its focus on software-defined vehicles while actively contributing to the development of a smart mobility society.” In the next five years, we hope to expand our portfolio by partnering with global leaders in automotive technology, focusing on automotive audio, incorporating AI into various solutions for software-defined vehicles, developing CDC solutions, and having a complete AUTOSAR platform to ensure end-to-end development,” said FPT Automotive CEO Kinh Nguyen.
