Modern Australian
Men's Weekly

.

V-GREEN signs MOU with four partners to deploy over 60,000 VinFast EV charging ports in Indonesia, with a projected total investment of usd 300 million

JAKARTA, INDONESIA - Media OutReach Newswire - 9 May 2025 – Global EV charging station developer V-GREEN has announced the signing of Memoranda of Understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target.

This collaboration underscores V-GREEN's commitment to expanding the VinFast EV ecosystem across Southeast Asia and demonstrates the Company's growing credibility and appeal among leading players in the green mobility sector.

V-GREEN signs a Memorandum of Understanding (MoU) with four strategic partners to deploy a total of 63,000 dedicated charging ports for VinFast electric vehicles in Indonesia in 2025
V-GREEN signs a Memorandum of Understanding (MoU) with four strategic partners to deploy a total of 63,000 dedicated charging ports for VinFast electric vehicles in Indonesia in 2025

Under the agreement, V-GREEN and its four partners, including Chargecore, Chargepoint, Amarta Group, and CVS, will jointly invest a total of 300 million USD to develop EV charging infrastructure throughout Indonesia, focusing on provinces such as Jabodatebek, Bandung, Surabaya, Makassar, Medan, Batam, Bali, and Kalimantan. The projects will launch in May 2025, with the first stations scheduled to go online in June.

In 2025 alone, Chargecore plans to invest a minimum of 30 million USD, while Chargepoint, Amarta Group, and CVS have each committed to becoming charging ports distributors and investing approximately 5.3 million USD annually. V-GREEN will directly invest in 20% of the stations, while the remaining 80% will be implemented through business cooperation contracts (BCC).

Since its entry into the Indonesian market, V-GREEN has operated under the BCC model in partnership with leading reputable local businesses. The company is offering investors highly attractive terms, including a power purchase rate of 750 rupiah/kWh and a guaranteed annual return of up to 25% during the first three years. These strategic collaborations not only enable V-GREEN to rapidly scale its EV charging network across Indonesia, but also highlight the strong potential of the country's green transportation sector.

Mr. Mai Truong Giang, Managing Director of V-GREEN Indonesia, said:
"Partnering with reputable companies in Indonesia marks a significant step in our global EV charging network strategy, especially as we respond to growing demand across Southeast Asia. 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."

Mr. John Yan, co-founder and CEO of Chargecore, shared: "We are excited to collaborate with V-GREEN, a company with a clear vision, strong commitment, and well-defined strategy for EV infrastructure development in Indonesia. This partnership not only delivers strong business results for Chargecore, but also supports the nation's transition to electric vehicles and a more sustainable future."

Mr. Daniel Nguyen, CEO of Chargepoint, stated: "We have strong confidence in the growth potential of electric vehicles in Indonesia — a promising market that is undergoing a remarkable transition toward greener transportation. As the official distributor of V-GREEN in Vietnam, Chargepoint is proud to continue supporting the expansion of VinFast's electric mobility ecosystem across Southeast Asia, with Indonesia as our first destination. This marks a clear demonstration of our long-term commitment and regional vision as a Vietnamese enterprise in the green transportation sector."

Established by VinFast's founder Pham Nhat Vuong, V-GREEN has built a leading position in Vietnam, operating roughly 150,000 charging ports nationwide. The company continues to grow its network through partnerships and is actively expanding into international markets.

In Indonesia, V-GREEN quickly garnered interest and trust from local and international partners. The company targets 50,000 charging stations and 63,000 charging ports in total nationwide by 2025. As an early step toward that goal, VinFast owners can already charge their vehicles for free at 1,000 V-GREEN-operated stations starting in May.

Currently, VinFast has launched four electric car models—VF 3, VF 5, VF 6, and VF e34—just over a year after entering Indonesia. The rapid expansion of V-GREEN's charging network will help meet increasing demand for VinFast EVs in the market, provide convenience to local consumers, and contribute to global sustainable development goals.


Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About V-GREEN

V-GREEN, the Global EV Charging Station Development Company, was established by billionaire Pham Nhat Vuong, the founder of VinFast. The company is focused on building an extensive charging network for VinFast electric vehicles, with more than 150,000 charging ports planned across Vietnam. V-GREEN has also established a presence in Indonesia and is actively pursuing expansion into other promising international markets.

Guided by the mission "For a Green Future for Everyone," V-GREEN envisions becoming a global pioneer in green infrastructure, offering smart, convenient, and flexible charging solutions. Learn more at

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at:


5 Simple Home Modifications to Support Occupational Therapy Goals

Every year, thousands of Australians face mobility challenges, chronic pain, or sensory issues that make daily tasks difficult. Simple changes at ho...

The Cost of Converting a Shipping Container into a Liveable Space

Container conversions often require more planning and labour than expected Early costs include foundations, framing, and structural reinforceme...

Marriage Celebrant for Modern Lovers Who Want Something Different

Many couples today feel pressure to follow the same wedding traditions their parents or grandparents did. They might sit through long ceremonies that ...

Why Everyone’s Signing Up for Fitstop’s 6-Week Challenge (Again)

Hint: It’s not just for the gains. Somewhere between the endless TikTok fitness hacks and the unrealistic “30-day shred” promises, we forgot ...

The Mental & Financial Benefits of Minimalist Caravan Travel

Minimalist caravan travel has grown in popularity, not just for its practical appeal but also for the sense of freedom it brings. With the rise of c...

Sydney Property Lawyers: Your Complete Guide to Smooth Transactions

Navigating the Sydney property market can feel like traversing a minefield, can't it? The process, laden with legal jargon and complex procedures, o...

Electrician Perth: Your Go-To Guide for Home Electrical Safety

When it comes to keeping your home safe and sound, electricity is something you simply can't afford to ignore. Faulty wiring, outdated switchboards...

Why More Homes and Businesses Are Choosing an Electric Sliding Door

Convenience, aesthetics, and technology often go hand in hand when it comes to architectural choices. One solution that delivers all three is the el...

Real Estate Rubbish Removal That Keeps Properties Market-Ready

When it comes to real estate, presentation is everything. Whether it’s a property for rent or sale, first impressions count. Cluttered backyards, ...

Real Estate Rubbish Removal That Keeps Properties Market-Ready

When it comes to real estate, presentation is everything. Whether it’s a property for rent or sale, first impressions count. Cluttered backyards, ...

Ironman 4x4: Building Complete Suspension Systems for Australia

The name Ironman 4x4 resonates throughout Australia's 4WD community, particularly when discussing Ironman suspension solutions. This Australian bran...

Pontoon Boats - The New Must-Have for Luxe Canal Homes

If you are living on a canal in Australia, you are already living the dream. But living near the water without a boat is like owning a horse without...

Perth Airport Transfers: Choosing the Right Service

Touching down in a new city can be exciting, but let's be honest, it can also be a bit stressful. After a long flight, the last thing you want to wo...

How to Save Smart: Cheapest Travel Insurance for Schengen Visa without Cutting Corners

Picture this: you’ve found a last-minute flight to Milan, your hotel booking comes with breakfast and a rooftop view, and your itinerary is ready ...

Keeping Lone and Remote Workers Safe: Employer Duties and Practical Solutions

In Australia, thousands of employees work alone, in remote locations, or in direct contact with the public every day. While these roles are critical...

How Your General Dentist Supports Your Smile Over a Lifetime

A healthy grin is more than just a desirable feature; it reflects overall health, well-being, and self-esteem. Our oral health needs evolve from chi...

A Brighter Smile in Sydney: Expert Cosmetic Dentists and Veneers Solutions

A confident smile can open doors, boost your self-esteem, and leave a lasting impression. In Sydney, more people than ever are turning to cosmetic den...

How To Keep Vase Flowers Fresh Through Australia’s Coldest Months

Winter flowers develop slowly, which gives them stronger structure and longer vase life Heat from indoor environments is the biggest threat to th...