Vinfast and its charging unit, V-Green, plan to invest US$ 300 million to deploy 63,000 electric vehicle (EV) charging stations across Indonesia by the end of 2025.

V-Green and Vinfast have signed a memorandum of understanding (MoU) with four strategic partners to establish 63,000 EV charging stations in Indonesia. These partners include Chargecore, Chargepoint, Amarta Group, and CVS, according to a joint statement released on 9th May, 2025.

Under the plan, V-Green will directly invest in 20% of the total charging stations, while the remaining infrastructure will be developed through business cooperation contracts (BCC). Chargecore is expected to invest at least US$ 30 million in 2025, while Chargepoint, Amarta Group, and CVS will each contribute approximately US$ 5.3 million annually.

To attract partners and expedite deployment, V-Green is offering an electricity purchase rate of IDR 750/kWh (US$ 0.05), with a guaranteed return of up to 25% during the first three years.

Mai Truong Giang, President Director of V-Green Indonesia, stated that working with Indonesian companies is a key component of their global EV charging plan. He added that, as demand for EVs grows in Southeast Asia, their partners will help in the development of a green mobility system.

Chargecore CEO John Yan commented on the partnership, stating that the company is committed to strengthening EV charging infrastructure in Indonesia.

Vinfast has introduced four EV models in Indonesia - the VF3, VF5, VF6, and VFe34 - in just over a year.