V-Green has signed a letter of intent with Prime Group to develop 100,000 electric vehicle (EV) charging stations in Indonesia over the next three years. The partnership, which involves an investment of up to USD1.2 billion, aims to enhance the EV infrastructure in Indonesia, with the rollout set to begin in 2025. Initial efforts will focus on major cities like Jakarta, Surabaya, and Bali, with plans for expansion to other regions in subsequent phases.
Meanwhile, the specific types of charging stations are yet to be disclosed, the project will likely prioritise AC charging points, though DC charging stations are not ruled out. The collaboration with Prime Group, a conglomerate with international reach, is expected to secure the necessary financing for large-scale expansion. V-Green, which operates independently from VinFast’s charging department, intends to create a comprehensive charging network that will serve all EV brands, not just VinFast. The partnership aims to strengthen V-Green’s global EV charging network, starting in Indonesia and potentially expanding to other regions like the Middle East, Europe, and the U.S.
