Hanoi, September 4, 2024 – V-GREEN Global Charging Station Development Joint Stock Company officially becomes the pioneer in launching the EV charging franchise model in Vietnam, opening up a new, highly promising business field and contributing to the country's green transformation efforts. In response to the "Vibrant Vietnamese Spirit – For a Green Future" campaign, V-GREEN will offer substantial support and make strong commitments to work alongside partners to accelerate the expansion of EV charging stations across Vietnam.
Opening Career Opportunities and Investment Trends of the Future
The V-GREEN franchise charging stations will be implemented under the model of "businesses and people working together," promising to create a new business sector with high-profit potential for property owners nationwide.
The First EV Charging Franchise Model in Vietnam
Similar to the official charging stations invested by V-GREEN, the V-GREEN franchise stations will serve VinFast electric car and electric motorcycle owners across the country (with an expected 300,000 cars and 1 million motorcycles by 2025). V-GREEN commits to partnering with franchisees by sharing revenue, with a fixed amount of 750 VND per 1 kWh charged for a minimum period of 10 years. V-GREEN will also provide full operational management technology, accounting management, maintenance, and marketing support to attract customers to the charging stations throughout the cooperation period. Additionally, V-GREEN commits to compensating franchise owners if it ceases business before the agreed 10-year term.
Potential Investment Opportunity – Become an Investor in the Future Trend
To join the V-GREEN “green network,” partners only need to invest in additional equipment and infrastructure to ensure the operation of the charging station. In addition to the revenue share from V-GREEN, partners can further increase their income by providing value-added services to electric vehicle owners, such as vehicle care, shopping, entertainment, etc., while they wait for their vehicles to charge.
In particular, parking lots, gas stations, supermarkets, cafes, restaurants, hotels, and other businesses will also have the opportunity to expand their customer base by investing in V-GREEN franchise charging stations. This entirely new business model aligns with the development direction of a green economy and the strong trend of transitioning to electric transportation in Vietnam.
Developing Charging Infrastructure is Key to Green Transformation
Mr. Nguyen Thanh Duong, CEO of V-GREEN Global Charging Station Development Joint Stock Company, stated: "The V-GREEN franchise charging station model is a breakthrough business model that promises to make a positive contribution to the strong development trend of electric vehicles in Vietnam in the coming years. I believe this model will open up a highly potential new business sector, not only providing stable, attractive, and continuously growing revenue for V-GREEN franchise owners but also offering them the opportunity to contribute directly to the country’s green transformation efforts, helping create a greener future for Vietnam."
Currently, V-GREEN owns the largest network of charging stations for electric cars and motorcycles in Vietnam, with a plan for 150,000 charging ports across all 63 provinces nationwide. With a commitment to invest 10,000 billion VND over the next two years to build, upgrade, and the system of V-GREEN is actively accelerating the deployment of VinFast EV charging stations nationwide.
Along with the official charging stations directly invested by V-GREEN, the implementation of the franchise model will help mobilize additional social resources from partners nationwide, significantly speeding up the coverage and expansion of the charging station network in Vietnam. This model is also expected to be researched for deployment in international markets in the future.
