V-Green has signed a Memorandum of Understanding (MoU) with eTreego, a Taiwanese green energy company, to develop 100,000 VinFast charging portals across Indonesia, the Philippines, and Vietnam. This strategic partnership aims to strengthen VinFast’s electric vehicle (EV) charging infrastructure, contributing to a broader sustainable mobility ecosystem.
Under the agreement, V-Green and eTreego plan to install 100,000 charging portals by 2030, starting with a pilot project of 200 charging stations in Vietnam by the second quarter of 2025. As part of the initiative, eTreego will supply the charging station products and lease locations for V-Green’s charging station network.
See also: V-Green and Prime Group Plan to Build 100,000 EV Charging Stations in Indonesia
Both parties also aim to promote carbon credit certification and other green initiatives. “This partnership is a significant step forward in expanding our global presence and advancing sustainable mobility solutions,” said Mr. Nguyen Thanh Duong, CEO of V-Green.
The MoU signals a major move towards regional and international expansion, with the collaboration expected to help explore opportunities for VinFast’s EV supply chain and entry into new markets. Mr. Chin Pin Chien, Chairman of eTreego, remarked, “The electric vehicle market in Southeast Asia and Vietnam has immense growth potential. eTreego is committed to increasing investment in research and development to support VinFast’s ecosystem.”
See also: VinFast Founder Launches V-Green EV Charging Stations Company
Both companies are optimistic about the potential impact of this collaboration. Mr. Duong expressed confidence that eTreego’s expertise will be crucial in scaling V-Green’s charging infrastructure and solidifying VinFast’s electric vehicle ecosystem in the region. “We believe that eTreego’s contribution will help us create a comprehensive and sustainable ecosystem for VinFast’s electric vehicles,” he added.
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