The number of new motorcycles produced by domestic manufacturers fell slightly in May compared to the previous month but remained at a high level, ensuring sufficient supply for Vietnamese consumers during the mid-year period.

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Motorcycle supply remains plentiful in the mid-year period. Photo: Hoang Hiep

According to a report released by the General Statistics Office under the Ministry of Finance on June 3, domestic manufacturers produced an estimated 378,900 new motorcycles in May.

The figure was down 0.8% from April's output of 381,800 units but represented a significant increase of 40.1% compared to May 2025.

In total, 1,725,100 new motorcycles were produced and supplied to the domestic market during the first five months of 2026, up 36% from the same period last year.

The strong output indicates that motorcycle supply remains abundant as the market enters the middle of the year.

Alongside the five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) - Honda, Yamaha, SYM, Piaggio and Suzuki - Vietnam's motorcycle market has witnessed the rapid rise of a new generation of companies focused on electric two-wheelers.

Among the most notable names are VinFast, Yadea, Pega, Selex Motors, Dat Bike and Before All.

These companies have not only continued introducing new products but have also accelerated investment in manufacturing capacity, expanded distribution networks and developed supporting ecosystems that include charging stations, battery-swapping stations, service centers and nationwide dealership systems.

As the electrification of transportation gains momentum, the growing presence of electric motorcycle brands is gradually reshaping the competitive landscape of Vietnam's motorcycle market.

The trend is increasingly viewed as a significant challenge for traditional motorcycle manufacturers, which have dominated the Vietnamese market for many years.

Hoang Hiep