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Vietnam to invest $13,9 billion to develop electric vehicle charging station infrastructure by 2040

Vietnam to invest $13,9 billion to develop electric vehicle charging station infrastructure by 2040
Vietnamese Government just announced investment plans of about 13,9 billion USD to develop electric vehicle (EV) charging station infrastructure nationwide. This is part of a long-term strategy to reduce greenhouse gas emissions, save up to 498 billion USD from reducing oil imports, while promoting the green energy transition.

Charging Station Network: The Foundation for the Electric Vehicle Future

Develop one Comprehensive electric vehicle charging station network is a key factor in motivating people to switch to electric vehicles. This infrastructure not only supports the development of clean technology but also plays an important role in building a sustainable energy ecosystem.

Phased Investment Plan

Phase 1: By 2030

  • Budget: 2,2 billion USD.
  • Focus: Focus on building charging stations in the areas big city, high income household, and high-end residential area.

Phase 2: By 2035

  • Expand the network of charging stations suburban and rural areas, making electric vehicles a popular choice for people.

Phase 3: By 2050

  • Budget increase: 32,6 billion USD.
  • Target: Meet the increasing needs of people and businesses, while promoting the development of the renewable energy industry.

VinFast leads the electric vehicle conversion

VinFast, as a pioneer, will make important contributions to the construction and deployment of the EV charging station network. The Government also launched policies to encourage private investment, creating incentives for businesses to participate in this field.

Committed to a sustainable future

The electric vehicle charging infrastructure development plan not only supports the goals emission reduction of Vietnam but also opens up new opportunities in development. clean technology. This is a big step forward in the journey to build a greener Vietnam, with a comprehensive electric vehicle ecosystem, protecting the environment and improving the quality of life for future generations.

???? Join hands for a green and sustainable Vietnam!

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