The process of shifting from petrol-run to electric motorbikes is facing challenges. Experts say the process will succeed only if there are attractive policies to persuade people to use electric vehicles.

Facilitating the transition to electrified vehicles in VN, State management bodies must put forth preferential policies, development strategies and initiatives to encourage adoption by users, according to experts.

The Ministry of Transport (MoT) and the United National Development Programme (UNDP) and the Japanese Embassy in Vietnam jointly held a conference in Hanoi on November 10 to discuss ways to accelerate the transition to electric vehicles.

HCM City’s first electric bus has struggled after being put into operation for more than one year.

Buyers of electric vehicles (EVs) could receive an incentive totalling 1,000 USD per purchase.

The Ministry of Transport has just submitted its proposal to Deputy Prime Minister Tran Hong Ha on incentives for electrical vehicle (EV) producers and users.

Wuling HongGuang MiniEV has reaped fruit in the Chinese automobile market thanks to low prices, but this doesn’t mean it will succeed in Vietnam.

The newest electric vehicle manufacturer in Vietnam, with technology transferred from Germany, will set up a factory in Thai Binh that will make small-size city vehicles.

GSM – the first taxi service supplier using electric cars in Vietnam, officially provided its service in the central city of Da Nang on June 16.

Changes in consumer habits have caused demand for electric motorbikes to increase rapidly in recent years, especially in Hanoi and HCM City.

VinFast, an electric vehicle maker of the Vietnamese conglomerate Vingroup, said on April 26 that it had got a fresh round of funding pledges worth 2.5 billion USD serving its future development.

Vietnam needs to design reasonable policies to encourage people to stop using internal combustion engine vehicles and shift to hybrids. And this needs to be done immediately.

Under a roadmap approved by the government in Decision 876, 100 percent of transport vehicles such as cars and motorbikes will have to shift to electricity and green power by 2050.

The GSM (Green - Smart - Mobility) Joint Stock Company – the first taxi service supplier using electric cars in Vietnam - launched its Xanh SM taxi service in Hanoi on April 14.

Green Taxi SM branded electric taxis will be available in public places and throughout Vincom's commercial center system in Hanoi.

Though technical barriers exist and there is a shortage of charging stations, hybrid Electric Vehicles are a good choice for markets like Vietnam.

The participation of giants is leading the push for electric taxis in Vietnam which would reshape the taxi landscape towards more green transportation but the fares remain a decisive factor.

The automobile market is not likely to see a boom as it did in 2022. The difficulties arising late last year are expected to last until mid year.

The Vietnamese government has encouraged manufacturing of electric vehicles under the green energy development plan, but standards for electric vehicles are unavailable.