By 2030, the government aims for EVs to account for 10% of all new vehicles sold in Vietnam. Vietnam''s relatively new move towards e-mobility is largely
READ MOREDeclaration of energy consumption. Manufacturers and importers must declare information on the energy consumption of their products to the Vietnam Registration Office Quality Control Organization before affixing energy labels. The declared energy consumption shall be based on the test report (*) specified in Article 7 of the Draft, and
READ MORE6 · To enhance the development of EV industry in Vietnam, the Government has recently issued new decisions including: Decree 10/2022, effective from Mar 1,2022 regarding the exemption of registration fee for Battery Electric Vehicle for the first 3 years and 50% fee reduction for the next 2 years. Law no. 03/2022/QH15, effective from March
READ MOREBy 2030, the government aims for EVs to account for 10% of all new vehicles sold in Vietnam. Vietnam''s relatively new move towards e-mobility is largely powered by private enterprises. The local EV market initially concentrated on electric scooters. Recently, however, thanks to determined efforts from the private sector,
READ MOREAccording to the summary of the page Autoinsuranceez According to data from the National Transportation Safety Board (USA), the electric vehicle fire rate is only 25,1 per 100.000 vehicles, compared to 1.529 per
READ MORE+ From 2030, achieve at least 50% vehicles using electricity and green energy; use electricity and green energy for 100% new taxis. + By 2050, use electricity
READ MOREThe Ministry of Science and Technology said it has developed 11 Vietnamese standards (TCVN) on electric vehicle charging stations, including 9 standards on charging stations and 2 standards on electric vehicle battery exchange. The
READ MORETo promote the development of e-vehicles in Vietnam, it was essential to complete technical standards relating to electric safety for fast charging stations and
READ MOREThe intention to purchase an electric car can be explained in two ways: the intention to adopt a new technological product, and the intention of green consumption. Based on the theoretical research on customer behavior and a literature review, an analytical framework on the intention of Vietnamese consumers to purchase electric
READ MORE3. Hyundai Thanh Cong: Hyundai Thanh Cong, a venture between Hyundai Motor Group and Thanh Cong Group, is another prominent name in the Vietnamese EV market. The company plans to produce electric cars, contributing to the country''s clean energy efforts and meeting the rising demand for EVs. 4.
READ MOREA worker assembles a car at a Vinfast factory in Hai Phong, Vietnam, on Sept. 29, 2023. Vietnamese automaker Vinfast has plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere. So far, that gamble has yet to pay off.
READ MORENov 28, 2022, 6:28 AM PST. VinFast sent a batch of 999 electric vehicles to the US. Image: VinFast. VinFast, the Vietnamese electric vehicle manufacturer, is shipping its first batch of EVs to the
READ MOREGovernmental Support and Tax Incentives for Electric Vehicles. In line with these environmental concerns, the Vietnamese government''s Decision No. 950/QD-TTg, which approved the Scheme for the development of smart sustainable cities in Vietnam, emphasizes the significance of environmentally responsible solutions.Electric
READ MOREVietnam has the potential to become a leader in EV demand and EV production in the Association of Southeast Asian Nations (ASEAN) region, especially in the electric two-wheeler (E2W) market. The country''s E2W market is the second largest in the world (after China''s) and the largest and fastest growing in the ASEAN region, and the
READ MOREElectric Vehicles are an emerging trend in Vietnam 2.3 Rising Fuel Prices. The increasing cost of fossil fuels is a concern for many Vietnamese citizens. Vietnam''s increasing reliance on imported fossil fuels poses challenges to
READ MOREFor Vietnam, Martinez highlighted five key points to expand the scale of charging stations: choosing a charging standard for itself, issuing preferential policies,
READ MORELatest Developments And Key Drivers. In 2023, we estimate that passenger electric vehicle (EV) sales in Vietnam expanded by 138.6% y-o-y to reach 19,960 units. Breaking this down, we estimate that battery electric vehicle (BEV) sales expanded by 127.1% y-o-y (to 18,762 units), while the plug-in hybrid electric vehicle
READ MOREAn e-mobility seminar held at the Green Economy Forum and Exhibition 2022, has seen industry insiders confirm Vietnam''s potential with respect to its EV industry. The seminar compared Vietnam to its regional peers, with guest speaker, Laurent Genet, the CEO of Audi, noting that by 2030 up to 37 percent of the car market in Singapore and
READ MOREKey View: We believe that local and national governments will move to support the development of Vietnam''s passenger EV-focused charging network over
READ MOREHO CHI MINH CITY -- VinFast is recalling its first batch of 999 electric vehicles in the U.S. over what the Vietnamese manufacturer described as a display malfunction posing a safety risk
READ MOREElectric bicycles, electric motorbikes and electric cars appeared in Vietnam since the early 2000s and are growing very quickly. As of September 2015, Vietnam''s EV market has grown to an estimated 2.5 million e-bike units and over 1000 electric cars. However, electric vehicles, as a competitive solution for green transportation, are yet to be
READ MOREWe are delighted to join forces with Audi to drive electric car adoption in Vietnam by offering safe, smart and sustainable charging infrastructure, helping the country move towards becoming a low-carbon society," said Noel Hupont, Vice President, Vietnam. "Audi Vietnam selected to bring premium fast charging DC and AC
READ MOREVietnamese electric vehicle maker VinFast and Israeli semiconductor company Vayyar Imaging have partnered to improve driving experience and safety by integrating in-cabin radar technology into VinFast''s VF 6 and VF 7 models. The technology helps detect and alert when children are left in the car, ensuring a safer journey for
READ MOREAll-around services for electric vehicle equipment testing. Our state-of-the-art laboratories carry out a wide range of full system or component testing: Electrical Safety testing. EMC / EMF, FCC / ISED testing. Wireless and IoT testing: e.g. Wi-Fi, Zigbee, Bluetooth, GDPR, IoT product certification. Functional safety testing.
READ MOREThe decision to participate in the most vibrant electric vehicle market in the region affirms the potential and strong determination of the Vietnamese electric
READ MOREEncouraging people to switch to low-emission vehicles such as electric cars, electric motorcycles, electric buses and trains is one of the effective solutions to reduce environmental risks. Some countries have a
READ MOREWith VinFast''s own planning of 150.000 charging ports on a scale of 100 million people, on average, every 10.000 Vietnamese people have 15 electric vehicle charging ports. This number is 5 times higher than the US and higher than the 12 charging ports per 10.000 people in China. It can be seen that the world''s most extensive and
READ MOREThe Vietnamese government has recently taken clear action to improve the penetration of EVs in Vietnam''s car market, attendees at the seminar heard. For instance, before 2022, EVs that were imported were subject to special consumption taxes ranging from 15 to 70 percent. This, however, was changed on March 1, 2022, when the
READ MORE2 ICCT BRIEFING | PROMOTING THE DEVELOPMENT OF ELECTRIC VEHICLES IN VIETNAM motorcycles).6 2Ws are major transport modes in the country, meeting 72.6% and 82% of travel demand in Hanoi and Ho Chi Minh City, respectively.7 The government is taking various actions to address transport issues, including developing
READ MORESingapore – 21 February 2023: Clime Capital, the Singapore-based fund manager focusing on accelerating the low carbon transition, today announced that the Southeast Asia Clean Energy Facility (SEACEF) has committed funding to EBOOST, the first-mover and market-leading open network electric vehicle (EV) charging operator in Vietnam.
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