Tuesday, September 16, 2025

Meralco, Vietnam firms push for EV investments

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The Manila Electric Co. (Meralco) has partnered with two Vietnamese companies to jointly develop electric vehicle (EV) infrastructure systems across Metro Manila and other major cities.

The V-Green Global Charging Station Development Corp. (V-Green) and Green and Smart Mobility Joint Stock Co. (Green GSM) signed the partnership deal with Meralco on Monday in the Philippines.

The parties indicated in a statement that under the partnership, they will identify and evaluate sites for EV charging stations and electric taxi hubs.

The companies also agreed to roll out charging networks, explore opportunities to scale up electric vehicle adoption, and engage in technical cooperation and knowledge exchange on EV technologies and system design.

V-Green is an EV charging infrastructure provider, while Green GSM is a ride-hailing service provider.

The companies did not cite any possible investment cost to be involved in the partnership.

“This partnership with Meralco marks a key milestone in V-Green’s 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,” Nguyen Thanh Duong, V-Green’s chief executive officer, stated.

 “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.

Dao Quy Phi, Green GSM Philippines’ chief executive officer, indicated that the Philippines is considered “a vibrant and fast-growing market” for clean mobility solutions to prosper.

“Through this collaboration with Meralco and V-Green, Green GSM is excited to expand our 100 percent 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 added.

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