The strategic partners include Chargecore, Chargepoint, Amarta Group, and CVS. The total investment is expected to reach up to US$300 million, marking a major milestone in expanding the VinFast EV ecosystem and developing green transport infrastructure in Southeast Asia.

The charging stations will be installed in key cities across Indonesia, with the project starting in May and the first stations expected to be operational by June.

Chargecore will contribute at least US$30 million, while the other three partners will each allocate around US$5.3 million. V-GREEN will directly invest 20% of the stations, with the remainder implemented through business co-operation contracts (BCC).

Mai Truong Giang, managing director of V-GREEN Indonesia, said, “Partnering with reputable companies in Indonesia marks a major step in our global EV charging network strategy, especially as we respond to growing demand across Southeast Asia.”

He added, “With the support of our strategic partners, we are confident that V-GREEN and VinFast will successfully build a modern green mobility ecosystem that contributes to the region’s and the world’s sustainable development goals.”

V-GREEN launches EV charging station franchises in Vietnam

V-GREEN Global Charging Station Development Joint Stock Company (V-GREEN) has decided to launch electric vehicle (EV) charging station franchises in Vietnam, in line with the country’s shift towards green growth.