Founder of EV maker VinFast launches global charging stations firm

HANOI: The founder of Vietnamese electric vehicle maker VinFast on Monday (Mar 18) launched an EV charging issue firm, V-Green, which he talked about would prioritise supporting VinFast vehicles globally.

V-Green, of which billionaire Pham Nhat Vuong holds a 90 per cent stake, will operate as a global partner, spearheading the advent of a comprehensive charging network, he talked about in a press start.

“V-Green will directly ogle land and companions to attain and make better its charging network in key markets of VinFast,” Vuong talked about.

VinFast, which changed into once founded by Vuong in 2017 and debuted on the Nasdaq closing year, has talked about it might perchance perchance most seemingly make better to no lower than 50 worldwide locations in 2024.

In Vietnam, V-Green shall be liable for working and managing VinFast’s current charging network and must silent place in mind increasing charging products and services to varied EV manufacturers after five years of operation.

It would use about US$404 million in the next two years on recent shops and upgrades for the charging network, he talked about.

Closing year, Vuong founded an EV taxi operator, Green SM, which accounted for 72 per cent of VinFast’s 2023 sales.