Vietnam's Potential in the Electric Vehicle Market

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Vietnam's Potential in the Electric Vehicle Market
VietnamElectric VehicleEV Market
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A report highlights Vietnam's potential to be a leader in the electric 2-wheeled market and the growing demand for rapid passenger vehicles. Encouraging electric 2-wheeled transport could help reduce road transport emissions. However, the anticipated growth of passenger vehicles in Vietnam makes it critical to prioritize electric vehicles.

A report on the EV market in Vietnam found that it has the potential to be a leader in the electric 2-wheeled market as well as a growing demand for rapid passenger vehicles . Encouraging electric 2-wheeled transport may be the quickest way to reduce the road transport emissions . However, the relatively low passenger vehicle rate is misleading as it does not account for the anticipated growth of passenger vehicles .

With the expected number of passenger vehicles to reach 30% by 2030, it is critical that Vietnam make as many of these vehicles electric as possible

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Vietnam Electric Vehicle EV Market 2-Wheeled Market Passenger Vehicles Road Transport Emissions

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