V-GREEN, an EV charging infrastructure provider that was spun off from Vingroup, plans to invest 10 trillion Vietnamese Dong (around $380 million) to deploy EV charging stations in Vietnam.
The Vietnam News Agency reported that the company plans to build 99 EV charging hubs along national and provincial highways across Vietnam by the end of this year. Each hub will be equipped with up to 100 charging points, each with a maximum capacity of 150 kW. All stations will rely on renewable energy, stored in battery energy storage systems developed and produced by VinFast, Vingroup’s EV brand.
“With 99 hubs in place, VinFast customers can travel long distances with full confidence, even during peak periods,” said Pham Thanh Thuy, Chairwoman and CEO of V-Green.
V-Green has big plans—by 2028, the company aims to deploy 500,000 charging ports in Vietnam, and to expand into international markets.
Sources: The Saigon Times, Vietnam Investment Review
