Vietnamese billionaire Pham Nhat Vuong, founder of VinFast, launched V-Green, a new EV charging stations company.
- Global Support: V-Green aims to prioritize supporting VinFast vehicles globally, operating as a global partner to create a comprehensive charging network.
- Vietnam Operations: In Vietnam, V-Green will manage VinFast’s existing charging network and may consider expanding services to other EV manufacturers after five years.
- Investment: V-Green plans to invest approximately $404 million over the next two years in new outlets and upgrades for the charging network.
VinFast plans to expand to at least 50 countries in 2024, with V-Green playing a key role in establishing and expanding the charging network in these markets.