V-Green cooperates with Fast+ to deploy 5,000 charging stations by the end of 2025

V-GREEN Global Charging Station Development Joint Stock Company and Fast+ Charging Station Joint Stock Company have signed a franchise agreement to install 5,000 charging stations of various types specifically for VinFast electric vehicles, with capacities ranging from 7.4 KW to 120 KW, nationwide from now until the end of 2025. Through this agreement, Fast+ becomes one of V-GREEN's largest franchise partners.

According to the cooperation agreement between the two parties, Fast+ will deploy and install 5,000 AC and DC charging stations supplied by V-GREEN, with various capacities including 7.4 KW, 11 KW, 20 KW, 30 KW, 40 KW, 60 KW, and 120 KW nationwide. The new charging stations will be strategically located in shopping malls, residential areas, public parking lots, and highways, making it easier for VinFast electric vehicle users to access clean energy and convenient for long journeys.

With the current plan, the 5,000 V-GREEN charging stations that Fast+ is about to deploy are equivalent to thousands of charging points, providing great convenience for VinFast electric vehicle owners in Vietnam. Fast+ will put at least 5 large-scale charging stations into operation in December 2024.

Thanks to the rapid increase in the number of VinFast electric vehicles, the V-GREEN franchise charging station model has attracted considerable attention from businesses and property owners nationwide, as it can generate good and continuously growing revenue. In November 2024, VinFast delivered a record number of over 16,000 vehicles, bringing the total number of VinFast electric vehicles sold since the beginning of the year to over 67,000. Currently, the number of VinFast electric vehicles on the road nationwide has reached hundreds of thousands and continues to grow, providing a solid foundation for the development of the charging station business model.

Mr. Nguyen Phi Long, Director of Fast+ Charging Station Joint Stock Company, said: “VinFast electric cars are asserting their leading position with strong sales growth month after month. The cooperation with V-GREEN not only brings good business results for Fast+ but also contributes to promoting the green transportation trend in Vietnam, thereby contributing to the Government 's overall commitment to Net Zero by 2050.”

Mr. Nguyen Thanh Duong, General Director of V-GREEN, stated: “Fast+ is one of V-GREEN's largest business partners currently. With Fast+'s rapid deployment, the charging station infrastructure for VinFast electric vehicles will significantly increase in the coming time. In just a short time since its launch, our charging station franchise model has proven effective and attracted the attention of thousands of individuals and businesses. Along with VinFast's growth, our business model will certainly bring maximum economic benefits to our partners .”

Through collaborations with businesses and landowners nationwide, V-GREEN's network of VinFast electric vehicle charging stations has rapidly expanded in recent times, meeting the growing demands of customers. In November 2024, V-GREEN also signed a cooperation agreement with PV Power to develop franchised charging stations in line with the existing plan of 1,000 charging points.

Not only in Vietnam, V-GREEN has also recently signed a cooperation agreement with partner Prime Group to develop a network of 100,000 charging stations in Indonesia within the next 3 years.

Partners interested in collaborating on V-GREEN franchise charging station business can contact the hotline at 1900 23 23 89 (extension 5) or visit the website: https://vgreen.net/vi for more details.

Vietnam.vn