VinFast Plans 100,000 EV Charging Stations In Indonesia: Minister [Barron's]
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Indonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain. Investment Minister Rosan Roeslani told AFP late on Tuesday VinFast plans to build up gradually to the number of charging stations pledged, without providing more details. The company will also begin construction of an electric vehicle factory in West Java province at a cost of more than $200 million and with the aim of producing 50,000 vehicles annually, state news agency Antara reported. The investment commitment came in a meeting between Indonesian President Prabowo Subianto and VinFast representatives in the capital Jakarta on Tuesday. VinFast did not respond immediately to a request for comment. Indonesia has been offering a slew of incentives to boost its EV market, including a luxury goods tax exemption that has boosted sales and seen a flurry of key brands entering the country of 280 million people. There
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