Indonesia
VINFAST TO INVEST US$300M FOR 63,000 EV CHARGING STATIONS IN INDONESIA
VinFast and its charging unit V-Green plan to invest US$300 million to install 63,000 EV charging stations across Indonesia by the end of 2025, signaling a major expansion into Southeast Asia’s EV market. Founded in 2017 by Vietnamese conglomerate Vingroup, VinFast is Vietnam’s first major EV manufacturer and has rapidly expanded internationally with operations in the U.S., Europe, and now Southeast Asia. The initiative, announced through a memorandum of understanding with four strategic partners—Chargecore, Chargepoint, Amarta Group, and CVS—will see V-Green directly fund 20% of the stations, with the remainder developed through business cooperation contracts. Chargecore alone plans to invest at least US$30 million in 2025, while the other partners will contribute US$5.3 million annually. To accelerate rollout and attract investment, V-Green is offering a competitive electricity purchase rate and promising returns of up to 25% in the first three years. The project supports Indonesia’s transition to clean mobility and aligns with VinFast’s broader Southeast Asia growth strategy. VinFast has already introduced four EV models in the country—VF 3, VF 5, VF 6, and VF e34—within just over a year.Source: https://jakartaglobe.id/business/vinfast-to-invest-300m-for-63000-ev-charging-stations-in-indonesia (ICE GIACARTA)
Fonte notizia: Jakarta Globe, 9 May 2025