HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Grab to expand Vietnam EV charging network fifteenfold by 2028

Created at 10 Jul · 1:55 AM1 source↑ Market-relevant
IN SHORT

Grab plans to expand its electric vehicle charging network in Vietnam to over 6,000 ports by 2028, a fifteenfold increase from its current 400. This initiative aims to provide a brand-neutral alternative to VinFast's charging infrastructure as Vietnam pushes for cleaner transportation.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

6,000+EV charging ports by 2028
400current EV charging ports
15xplanned network expansion
5,000charging points by 2030 (Charge+ target)

Who's Involved

Grab
Southeast Asian ride-hailing and delivery giant expanding EV charging network
Charge+
EV charging solution provider partnering with Grab in Vietnam
VinFast
Dominant proprietary EV charging system provider in Vietnam
Ma Tuan Trong
CEO of Grab Vietnam
Goh Chee Kiong
CEO of Charge+
Grab to expand Vietnam EV charging network fifteenfold by 2028

↳ Why This Matters

This expansion by Grab and Charge+ is crucial for accelerating EV adoption in Vietnam by addressing charging infrastructure gaps, supporting the country's green transition goals, and offering a competitive alternative to existing proprietary networks.

Key facts

  • Grab plans to increase its EV charging network in Vietnam from 400 ports to over 6,000 by 2028.
  • The expansion aims to create a brand-neutral alternative to VinFast's charging system.
  • Grab has partnered with Charge+, an EV charging solutions provider, to develop the network.
  • The network will support electric cars, motorcycles, and e-scooters.
  • Grab will integrate charging station information and facilitate transactions on its platform.
  • Grab driver-partners will benefit from preferential charging policies.

Southeast Asian ride-hailing giant Grab is set to significantly expand its electric vehicle charging network in Vietnam, aiming for over 6,000 charging ports by 2028, a fifteenfold increase from its current 400. This move positions Grab as a provider of a brand-neutral alternative to VinFast's dominant proprietary charging system, aligning with Vietnam's accelerated shift towards cleaner transportation and its net-zero ambitions.

Grab Vietnam has entered into a partnership with Charge+, a leading EV charging solution provider in Southeast Asia, to develop this extensive network. The collaboration will encompass charging and battery swapping stations for electric cars, motorcycles, and e-scooters, making reliable charging services more accessible for Grab driver-partners and the general EV user community.

Under the agreement, Grab will facilitate technical infrastructure development and API integration to display Charge+'s charging network information on the Grab platform, enhancing transaction processing and providing real-time data to drivers. The partners will leverage Grab's data capabilities and market insights to strategically deploy charging points in high-demand locations. Grab driver-partners will also benefit from special preferential policies on charging costs.

Charge+ has its own long-term goal to establish an extensive charging network in Vietnam, targeting 5,000 charging points by 2030. This partnership underscores a shared commitment to promoting green mobility and supporting Vietnam's net-zero roadmap.

Frequently asked questions

Grab plans to expand its EV charging network in Vietnam from approximately 400 ports to over 6,000 by 2028.

Grab is partnering with Charge+, a leading EV charging solution provider in Southeast Asia.

The network will support electric cars, electric motorcycles, and e-scooters.

Charge+ aims to reach 5,000 charging points in Vietnam by 2030.

What Happens Next

01Grab and Charge+ will work on technical and operational integration of the charging network.
02Grab will facilitate API integration to connect Charge+'s network with the Grab platform.
03Joint research and deployment of charging points at optimal locations will commence.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

Grab plans to expand its EV charging network in Vietnam to over 6,000 ports by 2028.
Grab's current charging network has approximately 400 ports.
Grab has partnered with Charge+ to develop a charging and battery swapping network.
The partnership aims to provide flexible charging solutions for electric cars, motorcycles, and e-scooters.
Grab will integrate Charge+'s charging network information onto its platform.
Grab and Charge+ will jointly identify optimal locations for charging points.
Grab driver-partners will receive preferential charging policies.
Charge+ aims to reach 5,000 charging points in Vietnam by 2030.

Sources

T1
Grab to expand Vietnam EV charging network fifteenfold by 2028Nikkei Asia
T2
Grab and Charge+ Partner to Develop Electric Vehicle Charging Network ...chargeplus.com
T2
Grab and Charge+ expand EV charging in Vietnamelectrive.com

Related Stories

Xiaomi Unveils New SUV Line and Long-Range Battery Tech for EV Market
9 Jul · 9:36 AM
China automakers face export slowdown amid weakening domestic demand
9 Jul · 9:16 AM
Global EV demand rises in June, led by Europe; China, US sales fall
9 Jul · 11:07 PM
Pak Shek Kok station on East Rail line scheduled to open as early as 2033
9 Jul · 1:06 PM
Tokopedia denies mass layoffs, but ‘restructuring’ fuels tech winter fears
9 Jul · 10:25 AM