Chinese e-scooters lose market traction as domestic and global brands offer better quality and service.

Hanoi’s proposed ban on gasoline motorbikes is boosting demand for electric alternatives and reshaping the market.

The Hanoi People’s Committee has set a goal to complete the transition to electric and green energy-powered buses throughout the city by 2030.

Residents have been enthusiastic about electric buses, given improvements in service quality and a convenient payment system.

The new 30-kilometer route with 17 electric buses supports Hanoi’s green transit goals.

Though Vietnamese just travel about 27 kilometers daily on average, many of them want electric motorbikes, which can travel 150-200 kilometers on a single charge.

Industry voices say the move could undercut domestic firms like VinFast while giving unfair advantage to foreign EV brands.

With electric vehicle adoption surging, Vietnam must invest heavily in grid upgrades to meet the growing electricity demand.

Within just three years, electric car sales in Vietnam have surged nearly twenty-fold, showing that people in the country are increasingly favoring eco-friendly means of transport.

A World Bank report released on March 12, 2025, underscores Vietnam’s booming electric vehicle market, which is expected to revolutionize transportation and generate millions of high-tech jobs.

The continuation of the zero percent registration fee policy for battery-powered electric vehicles (EVs) is a strong incentive for consumers and businesses, reinforcing Vietnam’s commitment to green transformation.

The Ministry of Finance has proposed extending the full exemption of registration fees for battery-electric vehicles by another two years, pushing the deadline to February 28, 2027.

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

Hanoi has officially launched three new electric bus routes, marking a significant step in the capital’s efforts to adopt green transportation and address traffic and environmental challenges.

Vietnam’s electric vehicle surge is driving up demand for charging stations, prompting new electricity pricing proposals with rates as high as $0.20/kWh.

To implement the ambitious net-zero plan, Vietnam needs to draw up a roadmap with reasonable moves to reduce transport emissions.

From January 1, 2025, motor vehicles using clean and green energy will have a distinct color for inspection stamps.

A World Bank report highlights the importance of EV charging infrastructure as Vietnam accelerates its journey toward Net Zero and green mobility.

TMT Motors, known for importing and selling Chinese electric cars, reported significant financial losses as sales fell short of expectations and high inventory costs mounted.