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50,000 EVs by 2026: VinFast’s Bold Plan for Indonesia

12 Mar, 2025
50,000 EVs by 2026: VinFast’s Bold Plan for Indonesia

Vietnamese electric vehicle (EV) manufacturer VinFast is set to make a major investment in Indonesia by producing electric cars and establishing public EV charging stations across the country. The company plans to build around 100,000 charging stations, with a focus on Java Island.

According to Indonesia’s Minister of Investment and Downstreaming, Rosan Roeslani, VinFast’s initial phase will target between 30,000 and 100,000 charging stations.

"They aim to invest in 30,000 to 100,000 charging stations across Indonesia, especially in Java," Rosan said at the Presidential Palace Complex in Jakarta on Tuesday (11/3/2025).

The investment value for the charging station project is estimated at around USD 1 billion, Rosan added.

"Regarding the charging stations, if I’m not mistaken, 100,000 stations will cost approximately USD 1 billion, but I’ll confirm again since it will be implemented in stages from 30,000 to 100,000," he explained.

In addition to the charging stations, VinFast plans to manufacture 50,000 electric vehicles starting next year.

Rosan revealed that VinFast is committed to investing in the construction of an EV production plant in Indonesia.

"They plan to start production next year, with a capacity of 50,000 vehicles," Rosan stated.

The investment for the EV production plant is expected to reach Rp 4 trillion.

VinFast aims to target the middle-class market in Indonesia, with electric car prices ranging from Rp 200 million to Rp 600 million.

"There will be several models produced, with prices ranging between Rp 200-600 million," Rosan said.

The company has also secured a 120-hectare plot of land in Subang, West Java, for its production facility.

Rosan emphasized that Indonesia remains open to investments from other EV manufacturers, including companies from Europe, Tesla, and China, to build independent charging stations in the country.

"For us, the priority is to establish EV infrastructure. We are open to investments, whether it’s from Europe, Tesla, or China. Our goal is to accelerate the adoption of electric vehicles," he concluded.



PHOTO: VINFAST

This article was created with AI assistance.

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