VinFast Founder Launches $404 Million Global EV Charging Network
Pham Nhat Vuong, Vietnam's wealthiest individual, initiates a significant move to bolster electric vehicle infrastructure worldwide.
- Pham Nhat Vuong, founder of VinFast, has launched V-Green, a venture aimed at establishing a global network of EV charging stations.
- The initiative involves a $404 million investment over the next two years to develop charging infrastructure across VinFast's key markets.
- V-Green will initially focus on supporting VinFast vehicles, with plans to expand services to other EV manufacturers after five years.
- The venture underscores Vuong's commitment to accelerating VinFast's international expansion and enhancing EV accessibility.
- Vuong's previous venture, Green SM, significantly contributed to VinFast's sales, demonstrating his influence in the EV sector.