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[Vietnam] EV bikes are getting hot in Vietnam, but rely on Vingroup to spread EV equipment

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The number of electric motorcycles ("EV bikes") on the road in Vietnam is visibly increasing. This is due to the increased production of VinFast brand EV bikes developed by Vinh Group, the largest conglomerate in Vietnam, the affordable price of pedal-powered, self-propelled EV bikes (mainly made in China), and their use for commuting to school by junior high school students and above as there is no age limit for drivers.


In fact, the number of EV buses of the Binh Group has increased considerably in Hanoi, and Chinese-made EV bikes are often seen, especially among students. In addition, around October 2022, gasoline prices skyrocketed, and gas stations closed due to supply shortages and reluctance to sell, resulting in long lines at the few gas stations that were open. Many people may have considered purchasing EV motorcycles as a result of this uproar.


In the case of houses, EV bikes can be recharged by pulling them into the house and plugging them into an electrical outlet. However, in condominiums, there are no charging facilities in the parking lot except in new buildings, so the only way to recharge the battery is to remove it and bring it back to your own room. This seems to be quite a hassle.


However, over the past few years, all Vinhomes brand houses and condominiums developed by the Vinh Group have been equipped with charging facilities. In addition, the group's shopping centers offer free parking for VinFast cars and motorcycles.


In addition, there are reports that the company is developing the installation of charging stations outside of its own residential projects, which conveys its commitment to the spread of EVs. We look forward to the entry of Japanese manufacturers into the Vietnamese EV market in the future.

Translated with AI Translator

  • Intage Inc

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    (Mr.) Masami Negishi

    He is the Managing Director of INTAGE VN. After taking charge of overseas research at INTAGE Japan, he was engaged in supporting INTAGE INDIA. After that, he was transferred to INTAGE VN, where he has been since November 2015. He has given many lectures and conference papers, and holds an MBA. For more information on the report, search "VIEVIEW" on the web service slideShare.
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  • Feb 25, 2023
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