On September 4th, V-GREEN, a global electric vehicle charging station developer, introduced a franchised charging station model in Vietnam. This new business model, based on a “public-private partnership,” offers a novel business opportunity to landowners nationwide.
Similar to the official V-GREEN-invested charging stations, these franchised stations will serve VinFast electric car and motorbike owners across Vietnam. V-GREEN pledges to share a fixed revenue of 750 VND for every 1 kWh of electricity charged with its partners for a minimum of 10 years.
V-GREEN also provides full technological support for management, financial operations, maintenance, and marketing to attract customers during the collaboration. Furthermore, V-GREEN guarantees compensation to station owners if the company ceases operations before the 10-year commitment ends.
Partners only need to invest in additional equipment and infrastructure to ensure the smooth operation of the charging stations. Apart from the revenue-sharing model, partners can boost their income by offering value-added services to electric vehicle owners, such as car care, shopping, and entertainment during the charging wait time.
Notably, parking lots, gas stations, supermarkets, cafes, restaurants, and hotels will have the opportunity to expand their customer base by investing in V-GREEN franchised charging stations. This innovative business model aligns with Vietnam’s green economic development goals and the strong shift towards the use of electric vehicles in the country.
The $1.2 Billion Energy Giant Enters the EV Charging Game: Announces Competitive Rates of VND 3,858/kWh, on Par with VinFast
PV Power has taken a pioneering step by constructing its first electric vehicle charging station, with plans to rapidly expand across the nation. The company foresees an average charging rate of VND 3,858 per kWh, a competitive price point that matches that of Vinfast and undercuts other providers like EverCharge and EV One.
Sufficient Rest Stops Will Be Available Along the Highway by 2024
The Management Board of Project 85 has just submitted a document to the Ministry of Transport for approval of the proposed investment project for a rest stop at Km41+500 on the Quy Nhon – Chi Thanh Expressway.
