Vietnamese EV maker VinFast has entered into a strategic alliance with V-Green Charging Station Development Philippines Inc., Green and Smart Mobility Philippines Inc. (Green GSM), and BDO Unibank Inc. to fast-track electric vehicle adoption and infrastructure development across the Philippines. The collaboration was formalised through a Memorandum of Understanding (MoU) signed this week.
As part of the partnership, BDO Unibank will provide tailored financial solutions, including leasing, insurance, and consumer banking services, to make EVs more affordable for both individuals and businesses.
V-Green will spearhead the rollout of EV charging infrastructure, with stations planned across high-footfall locations such as SM Supermalls, Alfamart branches, educational institutions, and other facilities linked to the BDO-SM ecosystem.
Green GSM, which has already launched an all-electric taxi fleet integrated with BDO’s digital banking system in June 2025, will further expand its operations, supporting clean mobility solutions in urban areas.
The alliance seeks to create a comprehensive EV ecosystem by integrating vehicle adoption, charging infrastructure, distribution, and financing support. This effort aligns with the Philippine government’s sustainability agenda and targets for accelerating the shift to green mobility.
By combining VinFast’s EV expertise, V-Green’s infrastructure capabilities, Green GSM’s fleet operations, and BDO’s financial backing, the partnership aims to establish a strong foundation for the Philippines’ emerging electric mobility sector.