VPI – PVOIL cooperates in research on batteries and charging stations for electric cars

Vietnam Petroleum Institute (VPI) and PetroVietnam Oil Corporation (PVOIL) have just signed a ‘Contract for consulting service framework for research on batteries and charging stations for electric cars’.
Accordingly, VPI will evaluate the impact of the energy transition trend on Vietnam’s petroleum market; identify challenges and opportunities under the impact of energy transition trends, the development trend of electric vehicle batteries and car charging stations in the world, the region and Vietnam. On that basis, VPI proposed solutions for PVOIL to develop stably and sustainably in the context of the energy transition trend taking place.

PVOIL’s General Director Doan Van Nhuom and VPI Director Nguyen Anh Duc signed “Consulting service contract for research on batteries and charging stations for electric cars” VPI Director Nguyen Anh Duc said, according to a survey by Frost & Sullivan (USA), 33% of consumers in Vietnam are interested in buying electric vehicles, the rest is price, charging technology, battery price and battery life. With the role and mission of a scientific research unit of Vietnam Oil and Gas Group, VPI will monitor market indicators, regularly update PVOIL’s leaders to have a basis for making accurate decisions, preparing solutions to cope with risks and take advantage of opportunities in the energy shifting trend. PVOIL’s Chairman Cao Hoai Duong said that in the energy transition trend, PVOIL is a directly affected unit, so there is always a sense of proactively responding to “minimize danger and utilize muscle”. 3 years ago, PVOIL has been interested in researching the development of electric vehicles, the possibility of replacing electric cars for gasoline-powered vehicles and building possible scenarios. PVOIL hopes that, through the cooperation with VPI, experts will support PVOIL in researching technology, engineering, and development trends of batteries and charging stations so that PVOIL will have more information in planning development strategy. development, ready to adapt to the development trend of electric vehicles. As an oil product distribution business, the energy shift will directly affect PVOIL’s business operations. Therefore, PVOIL needs to take advantage of the available infrastructure of the system of more than 600 petrol stations across the country, apply technology 4.0 in business activities to have solutions to welcome the trend. development potential of electric car.