V-GREEN: Bringing Money to Pham Nhat Vuong, Similar to Elon Musk’s $5-10 Billion Passive Income?

Cách đây ít ngày, ông Phạm Nhật Vượng đã tách bộ phận chuyên phát triển trạm sạc tại VinFast thành một đơn vị độc lập, sẽ hoạt động trên quy mô toàn cầu. Đơn vị chuyên phát triển trạm sạc này mang tên V-GREEN, và sẽ xây dựng và quản lý trạm sạc điện cho VinFast. Cách làm này giúp giảm áp lực tài chính của VinFast và tạo thêm cơ hội mở rộng thị trường.

The V-GREEN Vision

V-GREEN’s primary goal in the first five years is to develop and manage charging stations for VinFast on a global scale. After that, the company will evaluate the success in each market and assess the potential for capital mobilization. This will determine if they will open up the charging stations to other brands apart from VinFast.

Pham Nhat Vuong owns 90% of V-GREEN.

This strategic move by V-GREEN is similar to Tesla’s approach in the early days. Initially, Tesla developed charging stations exclusively for their own vehicles, with the charging infrastructure remaining under Tesla’s management. However, Tesla has recently allowed other brands to use their charging stations.

Tesla’s Supercharger network is consistently recognized as the largest charging network globally, with over 50,000 Superchargers spread across Asia-Pacific, North America, and Europe.

This move by Tesla has created a significant potential for profit. Financial experts estimate that Tesla’s Supercharger network, which now serves millions of Tesla vehicles, can generate up to $5 billion in revenue annually. The Wedbush analyst, Dan Ives, believes that by 2030, Tesla’s charging network could contribute 3% to 6% of the company’s total revenue, amounting to $10 to $20 billion.

Tesla Model S from 2012.

This revenue created by the Supercharger network is known as “AWS,” which stands for “Accidental Wealth Syndrome.” It originated from Amazon Web Services, a business strategy initially devised to reduce financial burdens on the parent company but ended up becoming a significant revenue stream.

Experts believe that V-GREEN, with its goal to expand globally, has the potential to replicate this AWS phenomenon. As VinFast aims to enter at least 50 countries and territories, the independent development of charging stations could lead to substantial revenue for V-GREEN.

Elon Musk, the man behind Tesla’s Supercharger network.

By allowing other brands to use their charging infrastructure, Tesla has made a strategic move that positions the Supercharger network as a potential high-profit asset. This move reflects Tesla’s expanding market share in the charging infrastructure ecosystem.

As for Pham Nhat Vuong’s V-GREEN, their success in providing quality services and their willingness to share the infrastructure with other brands will determine if they can achieve the same level of success as Tesla. Only time will tell if V-GREEN can truly become the “AWS” of Vingroup.

V-GREEN has the potential to become an “AWS” phenomenon.

In conclusion, the establishment of V-GREEN as an independent entity within VinFast demonstrates the Vietnamese automaker’s ambition to broaden its market reach. Similar to Elon Musk’s Tesla, V-GREEN has the potential to generate substantial income through the global expansion of charging stations. As the electric vehicle market continues to grow, the charging infrastructure will play a vital role in the success of automotive companies worldwide. With V-GREEN’s strong foundation, Pham Nhat Vuong is well positioned to create a lucrative passive income stream, just like Elon Musk.