VinFast, PV Oil partner to implement e-vehicle charging stations
VinFast, a subsidiary of the multi-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PV Oil) on October 25 signed a memorandum of understanding on cooperation to implement a system of stations for charging electric vehicles and leasing batteries.
VinFast and PV Oil sign the memorandum of understanding on cooperation in Hanoi on October 25 (Photo: VinFast)
Hanoi (VNA) – VinFast, a subsidiary of themulti-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PVOil) on October 25 signed a memorandum of understanding on cooperation to implementa system of stations for charging electric vehicles and leasing batteries.
Under this deal, VinFast will initially installcharging equipment at 600 gas stations of PV Oil nationwide. The number of suchstations will be increased to 20,000 by 2020.
At PV Oil stations, VinFast will flexiblyprovide services to meet customers’ demand, including quick charging, overnightcharging, and leasing batteries.
PV Oil is one of the leading petrol retailers inVietnam with its outlets present in all 63 provinces and cities.
The partnership with PV Oil is said to be animportant step towards debuting VinFast’s electric motorbikes in late 2018 andelectric cars in the future.
General Director of Vingroup Nguyen Viet Quangsaid this cooperation is the first step to set up 30,000 – 50,000 charging andbattery leasing stations of VinFast nationwide in the near future. VinFast willcontinue seeking prestigious partners with location advantages to expand thisnetwork.
Earlier, the company also sought resellers forits electric scooters.-VNA
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VinFast and PV Oil sign the memorandum of understanding on cooperation in Hanoi on October 25 (Photo: VinFast) 
