V-Green to Build 63,000 EV Chargers

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Vietnamese billionaire Pham Nhat Vuong just launched V-Green, a massive EV charging company with $404 million of his own money backing it.

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Why create a separate charging company? Simple - so his electric car brand VinFast can focus on making vehicles while V-Green handles the charging headache.

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The charging investment in Vietnam is THREE TIMES larger than what was originally planned. That's some serious money being put down.

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But wait - Indonesia is getting an even bigger push with 63,000 charging ports planned by the end of 2025. The price tag? A cool $300 million.

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Smart business move alert: V-Green will only directly pay for 20% of the Indonesian stations. Local partners will fund the other 80%.

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VinFast owners in Indonesia get a sweet deal - free charging at over 1,000 stations starting May 2025. Who doesn't love free stuff?

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How fast is the charging industry growing? Last year saw 1.3 million new public charging points worldwide - that's a 30% jump in just one year.

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Fast chargers now number around 2 million globally. These aren't your slow home outlets - they can juice up your car in minutes, not hours.

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Will other car brands get to use these charging stations? V-Green might open up after five years - but for now, it's a VinFast exclusive club.

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The bigger picture: VinFast wants to sell cars in 50 countries THIS YEAR and is building factories in the US, India, and Indonesia.

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What's really being solved here? The biggest fear for potential EV buyers - getting stranded with no place to charge. It's called "range anxiety" and it's real.

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The EV charging wars are heating up - Tesla has Superchargers, traditional automakers have partnerships, and now VinFast has V-Green. Who will win this electric gold rush?

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