5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Meralco, Vietnam firms eyeing to build EV charging network

by
July 30, 2025
in Stock
0
Meralco, Vietnam firms eyeing to build EV charging network
IN PHOTO ARE (L-R) Senior Vice-President and Chief Revenue Officer Ferdinand O. Geluz, Meralco Executive Vice-President and Chief Operating Officer Ronnie L. Aperocho, Meralco Chairman and Chief Executive Officer Manuel V. Pangilinan, Vingroup JSC Chief Corporate Development and Strategic Finance Officer Thuy Vu Dropsey, V-Green Philippines Chief Executive Officer Luu Viet Hung, and Green GSM Philippines Chief Executive Officer Dao Quy Phi.

POWER DISTRIBUTOR Manila Electric Co. (Meralco) has entered into a partnership with a Vietnamese electric vehicle (EV) firm and a ride-hailing service provider to support the development of green mobility solutions.

In a statement on Wednesday, Meralco said it signed a memorandum of understanding (MoU) with EV charging firm V-Green Global Charging Station Development Corp. and ride-hailing company Green and Smart Mobility Joint Stock Co. to support the country’s shift toward cleaner and more sustainable transport.

Under the partnership, the companies will identify and evaluate sites for EV charging stations and electric taxi hubs, support the rollout of charging networks, explore opportunities to scale up EV adoption, and engage in technical cooperation and knowledge exchange on EV technologies and system design.

“This partnership brings together our collective strength in infrastructure, technology, and experience that will redefine our cities and our communities. Together, we intend to reframe the way we think about energy, transport, and sustainability,” Meralco Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said.

As the country’s largest electricity distribution company, Meralco said it is committed to taking the initiative in advancing the goals of the Electric Vehicle Industry Development Act through the deployment of integrated EV and charging infrastructure for businesses and the public.

V-Green CEO Nguyen Thanh Duong said that the partnership with Meralco would help the company in its mission to accelerate the “green mobility revolution” in Southeast Asia.

“By combining our expertise in EV charging infrastructure with Meralco’s strong local presence, we aim to rapidly deploy a reliable and accessible charging network across the Philippines,” he said.

“Together with VinFast and Green GSM, we are proud to contribute to a comprehensive EV ecosystem that supports the country’s journey towards a cleaner and more sustainable future,” he added.

Green GSM Philippines’ CEO Dao Quy Phi sees the Philippines as a “vibrant and fast-growing market” for clean mobility solutions.

“Through this collaboration with Meralco and V-Green, Green GSM is excited to expand our 100% electric ride-hailing service to more cities nationwide. Our goal is not only to provide safe, convenient, and affordable transportation, but also to play an active role in building a greener future for Filipino communities,” he said.

In Vietnam, V-Green serves as the exclusive charging infrastructure partner for VinFast electric vehicles. Green GSM, meanwhile, is an innovative electric ride-hailing platform that operates a fleet powered entirely by VinFast EVs.

“This collaborative model is poised to deliver meaningful benefits to the public, from cost-effective mobility to safer and seamless travel experiences, while laying a strong foundation for the country’s transition to a greener future,” Meralco said. — Sheldeen Joy Talavera

Previous Post

OwnBank to apply for commercial banking license

Next Post

ArteFino does food with pop-up resto

Next Post
ArteFino does food with pop-up resto

ArteFino does food with pop-up resto

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Shared Rural Network: How a £1.3bn mobile connectivity programme is transforming digital Britain

    Shared Rural Network: How a £1.3bn mobile connectivity programme is transforming digital Britain

    August 5, 2025
    Government-funded 4G upgrades go live in North Yorkshire to boost rural mobile connectivity

    Government-funded 4G upgrades go live in North Yorkshire to boost rural mobile connectivity

    August 5, 2025
    Companies House confirms identity verification rollout to tackle fraud and phoenix firms

    Companies House confirms identity verification rollout to tackle fraud and phoenix firms

    August 5, 2025
    British spending on EU VAT-free shopping soars fivefold as UK policy faces backlash

    British spending on EU VAT-free shopping soars fivefold as UK policy faces backlash

    August 5, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.