The Vietnam Automobile, Motorcycle, and Bicycle Association (VAMOBA) has set a bold vision: by 2035, 100% of cars and motorcycles produced by its members will be electric and environmentally friendly.

An ecosystem for electric vehicles is gradually emerging, from charging stations combined with rest areas to apps for locating charging points. However, the most critical factor is ensuring energy for transport electrification.

The Ho Chi Minh City Institute for Development Studies (HIDS) has sent an official request to companies and investors in the electric vehicle ecosystem to propose support packages for residents and drivers transitioning to EVs.

To implement the Prime Minister’s Directive 20, support policies covering financial, technical, and communication aspects to ban gasoline-powered vehicles must be introduced promptly.