On July 1, 2024, Mr. Pham Nhat Vuong, Chairman of Vingroup, announced the establishment of For Green Future Trading and Services JSC (FGF). This new company will focus on buying and selling VinFast electric vehicles and providing self-driving electric car rental services. FGF has a charter capital of VND 200 billion, 90% of which is held by Chairman Pham Nhat Vuong.
The company aims to become a platform that supports the development of a used VinFast electric car market. Through FGF, consumers can improve their access to and transition towards electric vehicles, accelerating the nation’s green transformation.
In addition, FGF offers self-driving electric car rental services for both new and used cars to organizations and individuals. This service will provide customers with more opportunities to experience the driving sensation and features of VinFast electric vehicles. As a result, customers can make an informed decision about whether to own an electric car.
Billionaire Pham Nhat Vuong establishes a company for buying and selling and renting electric cars.
Initially, FGF plans to have a fleet of 1,000 to 2,000 self-driving rental cars, including all VinFast models, operating in major cities such as Hanoi, Ho Chi Minh City, Danang, and Hue. After its official launch, the company will continue to expand its fleet size and gradually extend its services nationwide.
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