Passenger cars are expected to become the dominant type of private vehicle in Viet Nam after 2035, and electric cars could be the preferred choice among the majority of first-time car buyers, if the
While the first half of 2025 witnessed a stagnant phase for the electrified vehicle market in Vietnam, the third quarter is signaling an explosion with both domestic and international brands
The growing demand of passenger vehicles, the popularity of ride-sharing fleets, the prevalence of gas-powered motorbikes, have all led to high levels of air pollution and traffic congestion in urban cities like Hanoi, and Ho
Vietnam ranked as the second-largest electric vehicle (EV) market in Southeast Asia during the first eight months of 2025, with nearly 90,000 units sold, trailing only Thailand.
Electric vehicles now account for over 40% of all vehicle sales in Vietnam, marking the country as a global standout in the fast-evolving electric vehicle (EV) industry. The Vietnamese EV
With a robust influx of both domestic and international electric vehicle (EV) brands into the Vietnamese market, competition for related services and products is rapidly intensifying, particularly in the
Vietnam Electric Vehicle Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031) The Vietnamese Electric Vehicle Market Report is Segmented by Vehicle Type (Passenger Cars,
VinFast leads the domestic market, delivering over 87,000 EVs in just three years, with more than 12,500 units sold in February alone.
According to a market research report from Mordor Intelligence, Vietnam''s EV market is currently valued at $3.12 billion and is expected to reach $7.41 billion by 2030. This translates to an
Vietnam''s electric vehicle (EV) market is set to grow significantly over the next 12–18 months. Both VinFast and international brands are gearing up to introduce new models that promise
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