Vietnamese EV maker Vinfast launches an EV charging station company
V-Green will help Vinfast expand its charging networks across 50 countries before the end of 2024.
Vietnamese electric vehicle maker Vinfast has launched an EV charging station company called V-Green that would support Vinfast vehicles across the globe.
According to billionaire Pham Nhat Vuong who has a 90% stake in the company, V-Green will partner with investors to help expand its charging networks to key markets for Vinfast. These key markets include up to 50 countries, which Vinfast, with a net valuation of $12.57 billion, plans to expand to before the end of 2024.
This move would see V-Green partner with investors to raise about $404 million in funding for the next two years to create new outlets in these countries and upgrade existing charging networks.
