V-Green, VinFast’s electric vehicle (EV) charging infrastructure unit, has revealed a major expansion of its business in Indonesia. It has signed Memoranda of Understanding (MOUs) with four strategic partners to install around 63,000 charging ports for VinFast electric vehicles exclusively in Indonesia by 2025. This is a huge USD 300 million investment, almost double the original target.
Also read: VinFast VF6 Launched Without Ceremony in Indonesia, Starts at IDR 384M
Strategic Partnerships and Investment
The partners involved in this project include Chargecore, Chargepoint, Amarta Group, and CVS. Chargecore plans to invest a minimum of USD 30 million in 2025 alone, while Chargepoint, Amarta Group, and CVS have each committed to investing approximately USD 5.3 million annually. V-Green will directly invest in 20% of the stations, with the remaining 80% implemented through business cooperation contracts (BCC).
Deployment Timeline and Coverage
The deployment of the charging stations will kick off in May 2025, with the initial stations coming online in June. The network will target strategic provinces of Jabodetabek, Bandung, Surabaya, Makassar, Medan, Batam, Bali, and Kalimantan.
Also read: VinFast Partners with Amarta to Open 22 Showrooms in Indonesia by 2027
Investment Opportunities and Terms
V-Green is enticing investors with competitive terms, such as a power purchase price of 750 rupiah/kWh and a guaranteed yearly return of up to 25% over the first three years. The strategy is meant to quickly expand the EV charging network throughout Indonesia and highlights the high potential of the nation’s green transport sector.
Commitment to Green Mobility
Mai Truong Giang the Managing Director of V-Green Indonesia reported that the company is to partner with established players in Indonesia which is a key step in its growth of the global EV charging network. Also it is reported that this partnership will play a role in the development of a advanced green mobility system in Southeast Asia.
Also read: VinFast VF 3 Becomes the Most Tested Electric SUV at IIMS 2025
Conclusion
V-Green’s bold vision of having 63,000 VinFast-exclusive EV charging stations in Indonesia by 2025 is a turning point towards the country’s shift towards electric mobility. Through massive investments and strategic alliances, this undertaking will be an integral part in deciding the destiny of Southeast Asian transport.
