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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.
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