Key Takeaways

VinFast, Pega, and Yadea lead Vietnam’s electric motorbike market with innovative models tailored for urban mobility in 2025.
Domestic brands dominate over 70% of new E2W sales, benefiting from local insight, government incentives, and strong distribution.
Consumer demand for affordable, high-performance electric two-wheelers is driving rapid model innovation and competitive pricing.

In 2025, Vietnam stands at the forefront of a transportation transformation, driven by the rapid electrification of its two-wheeler segment. As one of the largest motorcycle markets in the world, with over 75 million registered motorbikes, Vietnam’s urban and rural mobility has long depended on two-wheelers for daily commuting, commercial deliveries, and economic productivity. However, amid rising environmental concerns, government policy shifts, and technological innovation, a new generation of electric motorbikes (E2Ws) is reshaping the country’s mobility landscape. This blog explores the Top 10 Electric Motorbike Brands and Models in Vietnam in 2025, spotlighting the key players, best-selling models, and the consumer trends driving this electrification boom.

Top 10 Electric Motorbike Brands and Models in Vietnam in 2025

Electric motorbikes are no longer niche or novelty products in Vietnam. From students and office workers to logistics couriers and rural riders, a broad spectrum of users is turning to EVs as a cleaner, more efficient alternative to gasoline-powered vehicles. What once began as a budget-friendly solution for short-distance commuters has evolved into a diverse and competitive sector that includes high-performance scooters, smart-connected models, and stylish, tech-integrated bikes built for Vietnam’s fast-changing roads and consumer preferences.

The Vietnamese government has taken a proactive stance in accelerating this shift. Under Decision No. 876/QD-TTg, it aims to eliminate gasoline-powered vehicles by 2040 and achieve 100% electrification of transport by 2050. Complementing these long-term goals are immediate policy incentives—such as 0% registration fees, VAT reductions, and consumer subsidies—which have made electric motorbikes increasingly accessible. As a result, by mid-2025, electric two-wheelers already account for approximately 12–15% of total new motorbike sales, with projections estimating 2 million electric units annually by 2036.

This unprecedented growth has intensified competition among domestic and international brands, each seeking to establish dominance in various sub-segments of the market. Vietnamese manufacturers such as VinFast, Pega, and Anbico are leveraging localized supply chains and deep market insight to offer competitively priced, high-performance electric models. At the same time, global players like Yadea, NIU, and Gogoro are entering the Vietnamese market with advanced technology, smart mobility platforms, and aggressive pricing strategies. These developments have expanded the product ecosystem, ranging from budget commuter bikes under $700 to high-end models equipped with AI, IoT connectivity, and regenerative braking systems.

This blog provides a meticulously curated list of the Top 10 Electric Motorbike Brands and Models in Vietnam in 2025, ranked by a combination of factors including:

Market share and unit sales
Consumer popularity and pricing
Technological innovation and performance
Sustainability features and battery efficiency
Design, build quality, and after-sales support

Each brand and model highlighted reflects the broader shifts occurring within the electric mobility sector in Vietnam. Whether you are an industry investor, a policymaker, a tech enthusiast, or a potential buyer, understanding the leading electric motorbike brands is essential to grasping the future of transportation in one of Southeast Asia’s most dynamic economies.

In the following sections, we will break down each brand’s positioning, key specifications, and competitive strengths, along with an analysis of why these models have earned their place in the top 10. The goal is to provide readers with a comprehensive and comparative view of the 2025 Vietnamese electric motorbike landscape—its leaders, innovators, and game-changers.

Let’s begin by exploring the major players and the standout models driving Vietnam’s two-wheeled electric revolution.

Top 10 Electric Motorbike Brands and Models in Vietnam in 2025

VinFast
Pega
Yadea
Dibao
Anbico
NIU
Gogoro
Dat Bike
DK Bike
Other Notable Brands: Detech, EVGO, Vmoto, Tailg

1. VinFast

1. Dominance in Market Share and Ecosystem Strategy

1.1 Market Leadership

As of July 2025, VinFast commands over 43% of Vietnam’s electric motorbike market, establishing itself as the undisputed market leader.
This dominance stems not only from first-mover advantage but from strategic vertical integration, sustained investment, and consumer-oriented innovation.

1.2 Manufacturing Capacity

VinFast’s Hai Phong facility—launched in 2018—boasts an annual production capacity of 250,000 units, one of the largest in Southeast Asia for EV motorbikes.

Metric	Value
Year Established	2018
Annual Capacity	250,000 units
2023 Q3 Sales	28,220 units
Jan-May 2025 Growth	+488% YoY

1.3 Sales and Growth Momentum

Q3 2023: Sold 28,220 units — +177% QoQ and +113% YoY.
Jan–May 2025: 488% growth compared to the same period in 2024.

2. Key Strategic Differentiators

2.1 Aggressive Pricing Strategy

VinFast has implemented a 15–20% price reduction across its EV models, undercutting equivalent gasoline motorbikes.
This approach makes e-mobility financially accessible for the mass market and directly accelerates EV adoption.

2.2 National Charging Infrastructure

Over 150,000 charging poles installed across:
- Shopping centers
- Highway rest stops
- Apartment complexes
- Urban public zones

Impact: Significantly reduces “range anxiety” and removes a major psychological barrier for EV adoption.

2.3 Battery Leasing & Incentives

Offers flexible battery leasing plans:

Usage Plan	Monthly Fee	Deposit
< 2,000 km/month	350,000 VND	2,000,000 VND
> 2,000 km/month	990,000 VND	2,000,000 VND
Full Battery Purchase (Optional)	10,900,000 VND	N/A

Free nationwide charging until May 2027 (Hanoi) as part of buyer incentives.

3. Highlighted Electric Motorbike Models (2025)

3.1 VinFast Evo200

Segment: Mid-range
Price: 18,000,000 VND (excluding battery)

Specification	Value
Max Speed	70 km/h
Range	203 km
Motor Power	2500W
Battery Capacity	3.5 kWh LFP
Charging Time	4–10 hours
Trunk Volume	22 liters
Weight (with battery)	97 kg

Popular with delivery and ride-hailing drivers, notably VinFast’s own XanhSM fleet—some reporting over 100,000 km driven without major issues.
Ideal for urban commuting; only limitation is slightly cramped seating for taller riders.

3.2 VinFast Klara S2

Segment: Upgraded commuter
Target User: Urban professionals
Price Range: Competitive mid-tier

Specification	Value
Max Speed	78 km/h
Range	194 km
Motor Power	3000W
Battery Capacity	3.5 kWh LFP
Charging Time	~6 hours
Trunk Volume	23 liters
Weight (with battery)	112 kg

The Klara line enjoys strong brand loyalty; initial S2 release saw 15,000–20,000 preorders.
Suited for users seeking balance between speed, style, and sustainability.

3.3 VinFast Vento S

Segment: Premium smart scooter
Target User: Tech-savvy urbanites
Price Range: Upper tier

Specification	Value
Max Speed	89 km/h
Range	160 km
Motor Power	5200W (side motor)
Battery Type	LFP
Charging Time	~6 hours
Trunk Volume	25 liters
Weight (with battery)	122 kg
Smart Features	PAAK, Smart Lock, eSIM

Includes “Phone as a Key” (PAAK), OTA updates, and automatic diagnostics—positioning it as a leading smart electric scooter in Vietnam.

3.4 VinFast Feliz S

Segment: Mid-range commuter
Target User: Daily riders seeking performance

Specification	Value
Max Speed	78 km/h
Range	198 km
Motor Power	3000W
Battery Capacity	3.5 kWh LFP
Charging Time	~6 hours
Trunk Volume	25 liters
Weight (with battery)	110 kg

Offers a compelling value proposition with long range and balanced performance.
Highly rated for daily commutes and ride-hailing services.

3.5 VinFast Evo200 Lite

Segment: Youth & student market
Max Speed: 49 km/h
Range: Up to 205 km
Price: 22,000,000 VND

Highlights	Details
Trunk Capacity	22 liters
Designed For	Students / Low-speed zones
Eco-Focused	Yes

Strategically designed to meet licensing requirements for students while still offering extended range and practicality.

3.6 VinFast Motio

Segment: Entry-level / Budget
Price: 12,000,000 VND

Features	Benefit
Low Pricing	Increased accessibility
Practical Design	Suitable for short trips
Minimalist Build	Easy to maintain

Motio serves as an entry point for Vietnam’s lower-income segment—enabling mass-scale electrification.

4. Competitive Advantage Matrix

Factor	VinFast’s Advantage	Impact on Market
Manufacturing Scale	250,000 units/year	Market readiness, supply chain control
Charging Infrastructure	150,000+ charging poles	Convenience, reduced adoption barriers
Battery Leasing Flexibility	Affordable monthly plans	Lower upfront costs for consumers
Model Variety	From student to premium models	Appeals to all income segments
Smart Technology Integration	PAAK, eSIM, OTA updates	First-mover edge in smart features
Strategic Pricing	15–20% below ICE competitors	Accelerated conversion to EVs

5. Conclusion: Why VinFast is a Top 10 Electric Motorbike Brand in Vietnam (2025)

VinFast’s unparalleled ecosystem approach—combining high-volume manufacturing, nationwide charging infrastructure, affordable battery leasing, and cutting-edge smart technology—has redefined the electric motorbike market in Vietnam.
The brand’s scalability, product diversity, and aggressive expansion strategy are unmatched by any domestic or foreign competitor operating in Vietnam today.
As the Vietnamese government pushes toward net-zero targets, VinFast is positioned not only as a dominant player but a catalyst for the country’s sustainable mobility transformation.

2. Pega

1. Strategic Market Position and Domestic Production Excellence

1.1 Competitive Standing in Vietnam’s EV Market

As of mid-2025, Pega commands an estimated 16% share of Vietnam’s burgeoning electric motorbike market, firmly placing it among the top two domestic manufacturers.
The brand’s consistent annual sales of approximately 30,000 units over the past three years underscores both its production reliability and sustained consumer demand.

Indicator	Data
Market Share (2025)	~16%
Annual Production Capacity	60,000 units
Factory Location	Vietnam (since 2012)
Annual Sales (avg, past 3 years)	~30,000 units

1.2 Localized Manufacturing and Value Delivery

Founded in 2007, Pega was among the earliest local innovators to recognize the potential of electric mobility in Vietnam.
Through fully localized production and assembly, Pega keeps costs low without compromising quality—ensuring price-sensitive Vietnamese consumers get a high-quality product at a competitive rate.
The brand benefits from a robust distribution network, enabling nationwide reach and after-sales support.

2. Affordability-Driven Strategy with Customer-Centric Innovation

2.1 Focus on Cost-Effective Engineering

Pega positions itself as the preferred brand for affordability-conscious buyers, competing against both high-end local players and influxes of budget Chinese imports.
The company’s core proposition lies in delivering practicality, decent performance, and modern aesthetics, all at accessible price points.

2.2 Consumer Assurance Initiatives

Pega stands out by offering a 3-day return policy for its flagship NewTech model—one of the few brands in Vietnam to publicly implement this.
This initiative not only builds brand trust and loyalty but also reinforces the manufacturer’s confidence in its product quality.

Competitive Features	Strategic Impact
Local production & sourcing	Cost control and market responsiveness
3-day return policy	Enhances consumer trust, supports brand credibility
Broad price range	Serves entry-level to mid-premium segments
After-sales support infrastructure	Ensures long-term customer satisfaction

3. Key Electric Motorbike Models by Pega (2025)

3.1 Pega NewTech

Segment: Urban commuter / male riders
Launch Date: January 11
Price:
- Promotional: 22,000,000 VND
- Standard: 25,000,000 VND

Specification	Detail
Motor Power	1500W
Top Speed	60 km/h
Range per Charge	90 km
Battery Utility	Phone charging capability
Aesthetic Focus	Masculine, robust design
Trunk Volume	Modest (noted in reviews)

Designed for daily commutes, the NewTech is especially suitable for urban male users seeking a durable, stylish, and economical vehicle.
Unique utility includes dual-use battery functionality as a power bank for mobile devices—an added convenience for tech-oriented consumers.

3.2 Pega S

Segment: Premium urban scooter
Positioning: Budget alternative to Honda SH-style scooters
Target Consumer: Status-conscious urban commuters

Specification	Detail
Motor Power	4000W PMSM motor
Top Speed	65 km/h
Range per Charge	120 km
Battery Type	Lithium-ion
Battery Lifespan	1,000 charge cycles
Load Capacity	Up to 250 kg
IP Rating	IP67 waterproof motor
Seat Height	780mm

Pega S offers performance and premium styling at a mid-range price point, mimicking the design of Honda SH 2020 while delivering modern electric power.
The IP67-rated motor ensures functionality in wet and challenging conditions—appealing to riders in Vietnam’s flood-prone cities.

3.3 Pega Aura

Segment: Stylish budget commuter
Design Inspiration: Vespa-style European aesthetics
Price: 14,800,000 VND

Specification	Detail
Motor Power	1200W–1400W
Top Speed	60 km/h
Range per Charge	60–100 km
Aesthetic Profile	Fashionable, Vespa-like curves
Price Advantage	One of the most affordable in class

Aura is ideal for riders seeking visual flair and functional range at a low entry cost.
The combination of elegant design and moderate specs makes it particularly popular among younger, style-conscious urban riders.

4. Competitive Benchmarking Matrix (2025)

Criteria	Pega	VinFast	Chinese Imports
Local Production	Yes	Yes	No
Average Price Range	14M – 25M VND	12M – 30M+ VND	9M – 20M VND
Smart Features	Limited	Advanced (eSIM, PAAK, etc.)	Basic
Battery Leasing Options	No	Yes	No
Motor Durability	High (IP67 for Pega S)	High	Variable
Customer Return Policy	3-day return (NewTech only)	None disclosed	None
Ideal Target Segment	Budget + Practical users	Mass market + Premium	Entry-level price seekers

5. Conclusion: Why Pega is a Top 10 EV Motorbike Brand in Vietnam (2025)

Pega’s focus on cost-effectiveness, local manufacturing, and consumer-first policies has carved out a resilient position in Vietnam’s EV motorbike hierarchy.
Its product lineup offers a well-balanced mix of performance, practicality, and affordability, catering to a broad demographic from first-time users to mid-tier urban commuters.
While Pega may not lead in technological sophistication, it excels in meeting everyday transport needs with dependable products, thus solidifying its place among Vietnam’s Top 10 Electric Motorbike Brands for 2025.

3. Yadea

1. Market Penetration and Expansion Strategy in Vietnam

1.1 Solidifying Presence in a Competitive Landscape

As of July 2025, Yadea’s market share in Vietnam stands at approximately 8.6%, with some industry estimates placing it closer to 12–13%, reflecting its strong upward trajectory.
The company achieved a remarkable 36.8% sales growth in the first five months of 2025, highlighting growing consumer confidence and adoption of Yadea products nationwide.

Metric	Value
Market Share (2025)	8.6%–13%
Sales Growth (Jan–May 2025)	+36.8% YoY
Retail Network	700+ outlets nationwide
Number of Models Offered	15
Price Range	$480 – $1,000

1.2 Local Manufacturing and Investment Commitments

Yadea became the first foreign-invested E2W manufacturer in Vietnam with its initial factory established in 2019.
In a bold display of long-term strategic commitment, Yadea invested $100 million to construct its second Vietnamese factory in Bac Giang, projected to open in 2024.
This expansion is expected to boost Yadea’s annual production capacity to 2.5 million units, positioning the brand as a volume leader not only in Vietnam but across ASEAN.

Factory Milestone	Detail
First E2W Plant in Vietnam	Established 2019
Second Factory (Bac Giang)	$100M investment, opens 2024
Combined Production Capacity	2.5 million units/year

Strategic Impact: Lower import costs, improved logistics, greater control over supply chains, and enhanced pricing competitiveness within the Vietnamese market.

1.3 Consumer-Centric Marketing and Affordability Campaigns

Yadea has implemented aggressive promotional campaigns, such as the widely publicized “Swap Petrol for Electric” program, offering VND 2 million (~$80) in trade-in discounts for customers switching from gasoline motorbikes.
The brand’s wide accessibility through over 700 retail points, including Tier-2 and Tier-3 cities, allows it to tap deeply into both urban and suburban markets—especially students, gig economy workers, and value-driven consumers.

2. Strategic Positioning in the Budget and Smart-EV Segments

2.1 Diversified Product Portfolio

Yadea’s catalogue features 15 electric motorbike models, catering to a wide demographic:
- Entry-level users seeking affordability
- Urban commuters needing efficiency
- Tech-oriented youth desiring smart features
- Mid-premium riders demanding design and durability

Segment	Target Buyer	Models
Budget	Students, low-income users	Vekoo, X-Joy
Mid-range Utility	Urban commuters	Buye, Voltguard P
Premium Smart-EV	Professionals, tech users	G5 (Standard & Lite), Voltguard P

3. Highlight Models: Specifications & Market Appeal (2025)

3.1 Yadea G5

Segment: Premium Urban Smart-EV
Variants:
- Lite: 21.9M VND
- Standard: 39.99M VND
- Top Model: ~40M VND

Key Specification	Detail
Max Speed	50 km/h
Range per Charge	65 km (Eco) / 55 km (Sport)
Motor Power	1200W
Display	7-inch full-color LCD
Waterproof Rating	IPX7 (motor) / IPX6 (entire vehicle)
Trunk Volume	26 liters
Smart Features	Touch interface, modern aesthetic

Highly regarded for its futuristic design, smooth ride, and intelligent dashboard, the G5 competes in the smart electric category for tech-savvy urban riders.

3.2 Yadea Buye

Segment: Mid-range Commuter
Price: 22,000,000 VND

Specification	Detail
Max Speed	50 km/h
Range per Charge	90+ km
Motor Power	1200W
Trunk Volume	20 liters
Waterproof Rating	IPX6
Design Aesthetic	Minimalist European style

Praised for its balanced performance and minimalist elegance, Buye is a strong choice for young professionals and college students seeking range without breaking the bank.

3.3 Yadea Vekoo

Segment: Budget-friendly
Price: 14,990,000 VND

Specification	Detail
Max Speed	38 km/h
Range per Charge	65 km
Motor Power	1000W TTFAR
Connectivity	“EasyGo” App Integration
Features	Keyless start, Bluetooth unlock
Waterproof Rating	IPX6

Offers advanced connectivity features at an entry-level price, making it one of the most feature-packed budget EVs in Vietnam.

3.4 Yadea Voltguard P

Segment: Smart Urban Commuter
Price: 27,990,000 VND

Specification	Detail
Max Speed	50 km/h
Range per Charge	100 km
Motor Power	2550W (max)
Smart Features	Bluetooth unlock, App control
Charging Features	USB mobile charging port
Waterproof Rating	IP67 motor

Positioned to challenge higher-tier brands, the Voltguard P delivers both longer range and superior technology for demanding riders.

3.5 Yadea X-Joy

Segment: Entry-level Youth
Price: 15,500,000 VND

Specification	Detail
Max Speed	40 km/h
Range per Charge	50 km
Motor Power	600W GTR
Waterproof Rating	IPX7

With its youth-friendly design and dependable engineering, X-Joy is a go-to choice for first-time riders or short-distance commuters in smaller cities.

4. Competitive Landscape Matrix (Vietnam, 2025)

Key Factors	Yadea	VinFast	Pega
Manufacturing Presence in VN	2 plants (foreign-invested)	1 major domestic plant	Local factory since 2012
Price Range	14.9M – 40M VND	12M – 30M+ VND	14M – 25M VND
Retail Reach	700+ stores nationwide	Integrated showrooms	Mid-sized national distribution
Tech/Smart Features	Strong in mid & premium segments	Very strong in premium models	Basic, limited
Entry-level Affordability	Yes	Yes	Yes
Range of Offerings	15+ models	6+ models	3–4 major models
Customer Incentives	Petrol trade-in program	Free charging incentives	3-day return policy (NewTech only)

5. Conclusion: Why Yadea is a Top 10 EV Motorbike Brand in Vietnam (2025)

Yadea’s successful blend of international scale, local production, broad accessibility, and smart product design has allowed it to quickly rise in Vietnam’s electric motorbike market.
Its ability to serve both budget-conscious and tech-seeking consumers across a wide geographic footprint has strengthened its market relevance.
Through strategic investments, aggressive trade-in campaigns, and a continuously expanding smart-product portfolio, Yadea is well-positioned as a serious contender for top-tier leadership in Vietnam’s EV two-wheeler industry.

4. Dibao

Dibao, a prominent Chinese-origin electric vehicle brand, has firmly entrenched itself in Vietnam’s burgeoning e-mobility sector. By July 2025, the company commands approximately 12% of Vietnam’s electric two-wheeler (E2W) market, positioning it as a top contender in the affordable and youth-targeted mobility segment.

With a distribution network that spans over 400 retail agents across the country, Dibao has achieved nationwide accessibility, allowing it to maintain high sales volumes and consistently capture the attention of first-time EV buyers and students. This reach, paired with its aggressive pricing strategy, positions Dibao as a dominant player in the budget-conscious and mass-market electric motorbike segments.

Strategic Positioning and Brand Philosophy

Market Strategy Highlights

Affordability at Scale:
- Dibao’s pricing models are designed for Vietnam’s entry- to mid-tier markets, targeting students, working-class consumers, and urban commuters.
- Price points generally range from 18 million to 24 million VND, making Dibao one of the most accessible brands in the country.
Youth-Oriented Appeal:
- Designs are inspired by classic European scooters like the Vespa, combining nostalgia with modern electric functionality.
- Aesthetic choices and color variations resonate strongly with Gen Z and young millennials.
Broad Nationwide Distribution:
- Over 400 physical showrooms and agents ensure Dibao’s presence in both major cities and rural provinces.
- Enables easy access to servicing, spare parts, and after-sales support.

Key Electric Motorbike Models by Dibao (2025)

Model	Price (VND)	Motor Power	Max Speed (km/h)	Range (km)	Charge Time (hrs)	Special Features
Pansy S3	21,990,000	1350W	45–55	60–100	10–13	Vespa-style design
Gogo Moon	23,890,000	1500W	45–50	60–80	10–13	Massive 60L trunk
Rosa	18,990,000	1400W	40–50	80–100	~12	IP67X waterproof motor

Model Profiles

🔹 Dibao Pansy S3

Target Segment: Urban commuters and young female riders seeking a stylish yet functional ride.
Design Aesthetic:
- Heavily inspired by classic Vespa models, giving it a premium appearance.
- Compact and elegant styling well-suited for daily city travel.
Performance Highlights:
- Equipped with a 1350W motor, capable of speeds up to 55 km/h.
- Offers an extended travel range of up to 100 km per charge in optimal conditions.
- Takes around 10 to 13 hours to fully charge.
Usability & Weight:
- Weighs approximately 98 kg, contributing to enhanced stability during rides.
- Offers moderate storage and efficient battery performance.

🔹 Dibao Gogo Moon

Target Segment: Riders seeking a mix of practicality, design, and storage capacity.
Design Strength:
- Larger and more robust than the Pansy S3.
- Designed for utility, ideal for users who require extensive under-seat storage.
Functional Advantages:
- Motor Output: 1500W, delivering consistent torque and acceleration.
- Range: 60–80 km depending on terrain and load.
- Trunk Capacity: A standout feature with nearly 60 liters of storage space, making it one of the most spacious scooters in the segment.
- Weight: Approximately 107 kg, contributing to road grip and smooth handling.

🔹 Dibao Rosa

Target Segment: Students and eco-conscious commuters looking for a compact, waterproof e-scooter.
Design and Engineering:
- A newer addition to the Dibao lineup, launched to meet rising demand in flood-prone urban zones.
- Compact and sleek profile tailored for city navigation.
Performance Features:
- Powered by a 1400W motor, achieving speeds of up to 50 km/h.
- Travel range varies between 80–100 km per charge.
- Fully charges in approximately 12 hours.
Waterproof Engineering:
- IP67X-rated motor, specifically designed to function reliably in flooded or high-moisture environments.
- Load capacity of 130 kg, suitable for most urban riders.

Dibao’s Competitive Advantages in Vietnam’s E-Mobility Landscape

Factor	Dibao’s Strength
Price-to-Performance Ratio	Delivers extended range and moderate speed at highly affordable price points
Aesthetic Appeal	Retro-modern styling resonates with fashion-conscious younger demographics
Distribution Network	Over 400 agents provide wide accessibility across Vietnam
Model Diversity	Offers multiple models for varied commuting needs and environmental conditions
Urban Utility Focus	High trunk volumes and waterproof features designed for Vietnam’s urban ecosystem

Conclusion: Why Dibao is One of Vietnam’s Top 10 E-Motorbike Brands in 2025

Dibao’s ascension in the Vietnamese electric motorbike sector is no coincidence—it is a direct result of the brand’s strategic positioning in price-sensitive segments, aesthetic and functional product design, and an unmatched national distribution network. Its robust sales performance, particularly among students and urban riders, proves that volume-driven success paired with affordability remains a winning formula in Vietnam’s dynamic e-mobility market.

With models like the Pansy S3, Gogo Moon, and Rosa delivering a balance of performance, design, and affordability, Dibao is set to continue leading the entry-level electric scooter category while capitalizing on emerging trends in urban sustainability.

5. Anbico

Anbico has emerged as a resilient domestic brand in Vietnam’s fast-evolving electric mobility landscape. With an estimated 8.3% share of the national electric motorbike market in 2025, the company has carved a niche by offering affordably priced electric vehicles that strike a unique balance between traditional aesthetics and contemporary technology.

Unlike competitors who often chase ultramodern minimalism or mass-market designs, Anbico’s strategy revolves around preserving cultural identity in vehicle design, making its electric motorbikes stand out in a highly competitive field. With a strong emphasis on cost efficiency, aesthetic appeal, and everyday usability, Anbico continues to resonate with price-sensitive consumers, students, and value-focused urban riders.

Strategic Positioning and Market Relevance

Key Differentiators

Vietnamese Origin and Local Market Insight:
- As a domestic manufacturer, Anbico has a deep understanding of Vietnamese consumer needs, allowing it to tailor its models effectively to local commuting patterns and preferences.
Affordable Mobility:
- Pricing ranges from 14 million to 20 million VND (approx. $600–$1,000), firmly situating Anbico in the budget to lower mid-range bracket.
- This pricing strategy enables access to e-mobility for a broader population base.
Design Identity:
- Anbico uniquely integrates Vietnamese design sensibilities into its product lines—an uncommon approach in a market saturated with international styling trends.
- Models often feature rounded contours, metallic finishes, and stylized frames, which appeal to culturally-conscious buyers.

Key Electric Motorbike Models by Anbico (2025)

Model	Price Range (VND)	Motor Power	Top Speed (km/h)	Range per Charge (km)	Vehicle Weight (kg)	Market Positioning
Valerio SP	14,500,000 – 17,500,000	1000W	45–50	80–100	~93	Entry-level commuter model
Valerio GS New	19,000,000 – 190,000,000*	1600W	45–50	80–100	~90	Mid-range to high-spec variant

*Note: The wide pricing range for the Valerio GS New may indicate availability in multiple configurations or potential pricing anomalies across dealers.

Model Profiles

🔹 Anbico Valerio SP

Overview:
- Positioned as a compact and efficient daily commuter, the Valerio SP is ideal for students and low-income workers in urban and peri-urban zones.
Performance & Specs:
- Motor Power: 1000W, enabling smooth operation in congested traffic environments.
- Top Speed: 45–50 km/h, suitable for regulated urban zones.
- Range: Up to 100 km on a single charge under optimal conditions.
- Weight: Around 93 kg, balancing stability and maneuverability.
Design and Appeal:
- Integrates minimalist yet retro design cues, offering an alternative to conventional city e-bikes.
- Lightweight build and moderate size make it suitable for both men and women.

🔹 Anbico Valerio GS New

Overview:
- Serves as Anbico’s flagship model, potentially available in multiple versions or trim levels.
Performance & Specs:
- Motor Output: Enhanced 1600W motor, delivering greater torque and climb capability.
- Top Speed: Consistent 45–50 km/h cruising speed, with improved acceleration.
- Range: 80–100 km per full charge, supporting longer commutes.
- Weight: ~90 kg, indicating lightweight design despite its upgraded motor.
Pricing Note:
- The pricing spectrum from 19 million to 190 million VND suggests diverse configurations, optional tech add-ons, or premium dealer markups.
Consumer Segment:
- Targeted at users seeking enhanced power delivery, refined design, and extended durability.

Anbico vs Competitors: Value and Design Matrix

Feature	Anbico	VinFast	Dibao
Market Focus	Budget to mid-range	Mid to premium	Budget, high-volume
Design Philosophy	Traditional + modern fusion	Sleek, modern Vietnamese	Vespa-inspired, youth-centric
Top Speed Range (km/h)	45–50	50–70	40–55
Typical Price Range (VND)	14M – 20M	20M – 50M	18M – 24M
Target Demographic	Students, cultural enthusiasts	Urban professionals	Students, price-driven users
Motor Power Range	1000W–1600W	1200W–2000W	1350W–1500W

Why Anbico Ranks Among Vietnam’s Top 10 Electric Motorbike Brands in 2025

Strategic Market Contribution

Despite operating below the top tier in terms of market share, Anbico plays a crucial role in the democratization of electric mobility in Vietnam.
Its commitment to affordability and unique brand identity allows it to serve a growing market segment that values both cultural authenticity and environmental sustainability.

Model Highlights

The Valerio SP continues to be a popular choice for everyday commuting with exceptional cost-efficiency.
The Valerio GS New, with its elevated performance metrics, demonstrates Anbico’s ability to innovate while staying true to its design DNA.

Customer Impact

Through its domestic roots and consumer-centric product design, Anbico has succeeded in creating models that reflect local identity, while still aligning with global trends in electrification and green transportation.

Conclusion

Anbico exemplifies how a homegrown Vietnamese electric motorbike manufacturer can thrive by addressing affordability, national identity, and functionality. Its market share may not match that of larger players, but its influence and distinctiveness make it a key pillar in the diversified e-mobility market of Vietnam in 2025. By staying committed to its niche and evolving gradually with consumer demand, Anbico remains one of the most relevant and strategically important EV brands in the country.

6. NIU

As Vietnam’s electric motorbike market continues to grow in complexity and sophistication, NIU Technologies, an internationally recognized smart EV brand, has established a firm foothold with a 6.2% national market share. NIU’s distinctive market appeal lies in its tech-forward design philosophy, premium components such as Bosch motors, and IoT-enabled features, which collectively position the brand as a top-tier choice for urban commuters seeking connectivity, performance, and innovation.

Brand Profile: NIU’s Positioning in Vietnam’s Electric Motorbike Market

1. Technological Differentiation and Market Approach

Smart Urban Mobility Pioneer: NIU is widely credited for pushing the boundaries of e-scooter technology by integrating advanced battery systems, cloud connectivity, and mobility data services.
Bosch Partnership: Most NIU vehicles are powered by Bosch motors, offering both performance reliability and engineering credibility in a market often dominated by lower-spec domestic alternatives.
IoT Ecosystem Integration: Features such as app-based diagnostics, theft alerts, real-time tracking, and remote vehicle management make NIU models highly attractive to tech-savvy Vietnamese urbanites.

2. Target Demographics

Affluent urban commuters, tech enthusiasts, and middle-class professionals represent the core user base.
NIU appeals to buyers who value connectivity, aesthetics, and sustainability over low pricing.

3. After-Sales Experience: A Market Challenge

While praised for innovation, customer feedback highlights weaknesses in after-sales support, particularly in the availability of spare parts and localized maintenance services.
Service infrastructure development remains a key area for strategic investment if NIU is to grow further in Vietnam’s competitive market.

NIU Electric Motorbike Model Comparison (2025)

Model	Motor Power	Top Speed	Range (per Charge)	Key Features	Price (VND)	Target Segment
NQi GTS	3000W–3500W Bosch	70–80 km/h	110–160 km	CBS braking, USB port, LED dashboard, anti-theft alarm, keyless start	~55M+ VND	High-end commuters
MQi GT	6500W	Up to 100 km/h	~100 km	4th Gen Lithium battery, customizable LED display, Bluetooth keyless entry	~70M+ VND	Performance-oriented riders
N1S	1200W Bosch	30–40 km/h	90–100 km	Smooth ride, app integration, real-time location tracking	35,000,000 VND	Mid-range urban riders
M1S	800W–1200W	50+ km/h	90–120 km	Lightweight, elegant design, quiet operation	48,000,000 VND	Students and entry-premium
NSport	1500W Bosch	48 km/h	Up to 130 km	FOC motor control, EBS regenerative braking, Bosch drivetrain	58,000,000 VND (excl. VAT)	Eco-conscious tech users

Key Advantages of NIU in Vietnam’s EV Market

Technological Leadership:
- Proprietary battery management systems and regenerative braking.
- First-mover in connected mobility in Vietnam’s electric 2-wheeler segment.
Design & User Experience:
- Sleek, urban-oriented design language.
- LED digital displays, minimalist aesthetics, and ergonomic structures.
Sustainability Edge:
- Incorporates FOC (Field-Oriented Control) technology to optimize battery usage and reduce energy loss.
- EBS (Electric Brake System) that contributes to energy efficiency by recycling up to 6% of kinetic energy.

Strategic Opportunities & Market Outlook

Strengths	Weaknesses	Opportunities	Threats
Advanced tech features & Bosch integration	Limited service infrastructure in Vietnam	Expand service centers & app services	Competitors offering similar features at lower prices
International brand recognition	Premium pricing limits accessibility	Growing demand for smart EVs in urban centers	Service dissatisfaction affecting brand trust
Strong global R&D backing	Low presence in non-urban regions	Partnerships with Vietnamese distributors/dealers	Domestic brands expanding smart tech rapidly

Conclusion: Why NIU Is a Top 10 EV Motorbike Brand in Vietnam (2025)

NIU’s stronghold in Vietnam’s EV landscape is rooted in its global innovation ecosystem, sustainable engineering practices, and premium urban commuter offerings. While current limitations in after-sales support need urgent redress, the brand’s forward-thinking mobility solutions have already won favor among the digitally connected, urban middle-class Vietnamese. NIU’s focus on blending performance, style, and intelligence ensures its continued relevance and growth as one of the Top 10 Electric Motorbike Brands in Vietnam for 2025.

7. Gogoro

Gogoro, a forward-thinking Taiwanese electric mobility company established in 2011, has emerged as a disruptor in the global two-wheeler EV industry. Despite its relatively modest 3.1% market share in Vietnam as of 2025, Gogoro’s influence far outweighs its numbers—primarily due to its pioneering battery-swapping infrastructure, which has set a new standard for urban electric transportation.

Strategic Positioning in Vietnam’s EV Landscape

Unique Value Proposition
Gogoro is not merely selling electric scooters; it is redefining energy infrastructure for two-wheel mobility:
- Introduced an instant battery-swapping model to counteract traditional EV barriers such as long charging times and limited range.
- Globally operates 2,000+ GoStation® battery swap stations, enabling full “refueling” in under 6 seconds.
- The system eliminates range anxiety and offers urban commuters unmatched convenience.
Urban Mobility Focus
The company is aligned with the needs of Vietnam’s high-density cities, where quick turnarounds and reliability are essential for both personal and commercial use.
Technological Edge
- Use of water-cooled, high-torque electric motors ensures strong performance in variable road conditions.
- Integration of smart dashboard systems, IoT connectivity, and keyless control appeal to younger, tech-savvy demographics.

Challenges to Market Expansion in Vietnam

While Gogoro’s technological prowess is well-documented, several challenges may be limiting its deeper market penetration:

Challenge	Impact on Adoption	Mitigation Strategy
High Initial Purchase Costs	Limits accessibility to budget-conscious buyers	Introduce installment plans or lease models
Limited Swap Infrastructure Locally	Reduces utility in suburban/rural areas	Accelerate GoStation® rollout in key regions
After-Sales Support Concerns	Affects long-term brand loyalty	Strengthen local partnerships and service centers

Gogoro’s Notable Models in Vietnam (2025)

Gogoro offers a diverse product portfolio tailored to a mix of performance, affordability, and convenience. Below is a detailed matrix:

Model	Max Speed (km/h)	Range (km/charge)	Motor Power	Notable Features	Price (Approx.)
Gogoro S2	92	150	7.6 kW	0–50 km/h in 3.9s, premium ride, urban power scooter	$3,500 USD
Gogoro Viva Mix	90	150	6 kW (8 hp)	Carbon belt drive, water-cooled, quiet performance	$2,200 USD
Gogoro Smartscooter	50	80–90	1,200W	Core battery-swapping scooter, ideal for short urban commutes	29,500,000 VND
Gogoro JVC	50	100	1,520W	Lightweight and affordable entry-level EV with smart controls	13,690,000 VND

Why Gogoro Ranks Among the Top 10 Electric Motorbike Brands in Vietnam (2025)

Unmatched Innovation in Battery Technology
- Gogoro remains the only brand in Vietnam offering a fully integrated battery-swapping system at scale.
- Reduces downtime and eliminates the infrastructure dependence on home or public charging stations.
Strong Appeal to Delivery Services and Urban Riders
- The swappable battery system is particularly valuable for high-frequency riders such as food and goods delivery services.
- High uptime leads to better productivity and lower total cost of ownership in operational fleets.
Brand Equity from Global Recognition
- Having expanded into multiple Asian and European markets, Gogoro brings global expertise and reliability.
- Vietnamese consumers increasingly recognize Gogoro as a premium, future-forward EV brand.
Environmental and Urban Synergy
- Gogoro’s solution contributes directly to urban emission reduction goals and supports the Vietnamese government’s push for cleaner transportation systems.

Conclusion: A Catalyst for Vietnam’s Smart Mobility Ecosystem

Although Gogoro’s market share in Vietnam is still in the single digits, its transformative infrastructure model, high-performance vehicles, and clear alignment with smart city ambitions make it a vital player in Vietnam’s electric mobility evolution. The brand’s success hinges on its ability to scale local swap station networks and create more inclusive pricing strategies, but its presence already marks a crucial step forward in redefining how Vietnamese cities move.

8. Dat Bike

Dat Bike has rapidly emerged as one of the most formidable electric motorbike brands in Vietnam. Founded in 2019 by a Vietnamese-American entrepreneur, the company has earned national recognition for its relentless focus on performance, innovation, and scalability—three pillars that have positioned it as a transformative force in the country’s e-mobility landscape. Holding an estimated 2–3% share of Vietnam’s electric motorbike market as of 2025, Dat Bike stands apart not only as a domestic champion but also as a bold disruptor of internal combustion engine (ICE) dominance.

Strategic Vision: Engineering Performance Beyond Expectations

High-Performance Benchmarking
- Dat Bike engineers its EVs to outperform gasoline-powered motorbikes, a radical strategy that goes beyond merely replacing fossil-fuel transportation.
- The brand has broken industry expectations with its flagship Quantum S series, offering record-setting ranges of up to 285 km per charge, among the highest in the Southeast Asian market.
Continuous Product Optimization
- Each successive model release has demonstrated measurable gains:
  - Cost reduction of at least 20%
  - Improvements in range, motor power, and charging speed by 30% or more
- These enhancements respond directly to key consumer concerns such as “range anxiety,” charging time, and affordability—barriers that still inhibit EV adoption in Vietnam.
Localized Market Understanding
- As a Vietnamese-born brand, Dat Bike benefits from:
  - Deep cultural insights into user behavior
  - Agility in navigating local regulatory landscapes
  - Optimized vehicle configurations for Vietnam’s road conditions and climate

Infrastructure & Production Scalability

Metric	2024	2025 (Projected)	Growth Rate
Monthly Production Capacity	500 units/month	1,000 units/month	+100% YoY
Retail Stores (National)	5	20+ company-owned outlets	+300% YoY
Store Presence (Cities)	3 major cities	Nationwide coverage	Full provincial rollout

Robust Distribution Strategy
- Unlike many EV startups, Dat Bike owns its retail network, ensuring quality control, consistent branding, and superior customer experience.
- This vertical integration model accelerates customer trust, after-sales service reliability, and brand equity.
Regulatory Foresight
- Dat Bike is strategically positioned to benefit from upcoming petrol motorbike bans in major Vietnamese cities.
- Its product line is already compliant with emission-free transport mandates, giving it a first-mover advantage as cities transition.

Dat Bike Product Portfolio (2025): Performance-Driven Electric Motorbikes

Below is a performance and features comparison of Dat Bike’s key models available in Vietnam:

Model	Max Speed (km/h)	Range (km)	Charging Time	Motor Power	Trunk Volume	Price (VND)	Unique Selling Points
Quantum S1	100	285	~2.5–5 hrs	7,000W	44L	Not listed	Longest-range EV, premium performance
Quantum S2	90	285	~2.5–5 hrs	6,000W	44L	Not listed	Balance between power and cost-efficiency
Quantum S3	90	200	2.5 hrs (1800W)	6,000W	44L	34,900,000	Strong acceleration, spacious storage
Weaver 200	90	130–200 (depending on speed)	1 hr for 100km 3 hrs full	6,000W	Moderate	44,900,000 (refurbished)	Fast charging, urban commuting, gasoline alternative

Model Highlights and Strategic Value

1. Quantum S Series (S1 / S2 / S3)

Top-tier performance with ranges up to 285 km, enabling true long-distance commuting without recharge interruptions.
Quantum S1 reaches 100 km/h, appealing to users demanding high-speed capability.
Large 44-liter trunk space positions these scooters as viable for commercial uses (e.g., delivery, logistics).
High-torque 6,000–7,000W motors outperform many ICE equivalents in urban acceleration.

2. Weaver 200

Fast charging: Achieves 100 km of range with just 1 hour of charge—ideal for daily commuters.
Equipped with a 6000W motor, matching mid-range petrol bikes in torque and top speed.
Excellent choice for first-time EV buyers, especially in urban centers transitioning from ICE vehicles.

Why Dat Bike Earns a Top 10 Spot Among Vietnam’s Electric Motorbike Brands in 2025

Homegrown Engineering Excellence
- Represents Vietnam’s capacity to compete globally in electric mobility, not just assemble.
- Offers a national alternative to foreign imports, aligning with government goals of EV self-sufficiency.
Designed for the Future of Vietnamese Cities
- All models engineered to operate seamlessly within smart city infrastructure and zero-emission transportation frameworks.
- Efficient powertrain designs and fast-charging features make Dat Bike ideal for next-gen mobility needs.
Consumer-Centric Product Development
- Adapts rapidly to consumer feedback—adding trunk space, refining torque delivery, reducing charge times.
- Builds each vehicle as an ICE replacement, not merely a green alternative.
Scalability with Vision
- Dat Bike’s combination of product innovation, in-house distribution, and production ramp-up allows it to scale nationally faster than many competitors.

Conclusion: Dat Bike as Vietnam’s Flag-Bearer for Two-Wheel Electrification

Dat Bike has succeeded in proving that electric motorbikes can be more than just sustainable—they can be desirable, powerful, and culturally resonant. Through local innovation, aggressive performance targets, and nationwide expansion, the brand has entrenched itself as a strategic cornerstone in Vietnam’s push toward a zero-emission transport future. As regulatory bans on petrol bikes take hold, Dat Bike is uniquely positioned to lead—not follow—the next era of urban mobility in Vietnam.

9. DK Bike

Despite holding a relatively modest market share—just under 3% as of 2025—DK Bike plays an essential role in Vietnam’s electric mobility transformation. As a domestically established brand, DK Bike has positioned itself in the budget and mid-range electric motorbike segment, offering economically accessible models priced between 600 USD and 1,000 USD.

This strategic market positioning makes DK Bike one of the most important enablers of mass EV adoption, especially among students, first-time buyers, and low-to-middle income groups. Its affordability-driven approach aligns closely with Vietnam’s nationwide electrification goals and helps ensure that sustainable transportation options are not limited to higher-income consumers.

Strategic Significance in Vietnam’s EV Ecosystem

Inclusive Mobility for Mass Adoption

Primary Focus: Entry-level to mid-tier EV motorbikes
Target Customers:
- Students and youth seeking affordable personal transport
- Budget-conscious consumers transitioning from traditional bicycles or ICE motorbikes
- Rural and peri-urban populations looking for low-maintenance, fuel-free alternatives

Supporting National EV Goals

By ensuring price diversity across the EV motorbike market, DK Bike:
- Reduces reliance on internal combustion engines among lower-income groups
- Accelerates Vietnam’s roadmap to low-emission mobility, especially in educational hubs and satellite towns
- Complements government efforts to decarbonize daily commutes and enhance energy efficiency

Product Portfolio Overview: Compact, Efficient, and Affordable

DK Bike offers a compact lineup of cost-effective electric two-wheelers designed for short-range urban commuting. While they may lack the advanced features of premium brands, their value proposition lies in affordability, accessibility, and basic reliability.

Model Name	Price (VND)	Estimated Range (km)	Top Speed (km/h)	Charging Time (est.)	Target User Group	Distinctive Features
DK EZ 1	15,790,000	~60–80 km	~40 km/h	~6–8 hours	School & college students	Lightweight, easy to maneuver
DK Xmen One	17,990,000	~70–90 km	~45 km/h	~6–8 hours	Entry-level urban riders	Sporty design, competitive entry price point

Note: Technical specifications are industry estimates based on comparable class models, as the manufacturer does not disclose full specs publicly.

Why DK Bike Ranks Among Vietnam’s Top 10 EV Motorbike Brands in 2025

1. Widespread Affordability: The Gateway to Electrification

DK Bike addresses the critical affordability gap in Vietnam’s EV market.
Its price structure makes EVs attainable to a broader segment of the population, thereby ensuring inclusive adoption of green mobility.

2. First-Mover Brand Loyalty in the Budget Segment

Among early brands catering specifically to price-sensitive riders, DK Bike has built a loyal user base, particularly among students and young workers.
The brand is often a consumer’s first exposure to electric transportation, thus playing a gateway role in the wider transition.

3. Local Brand Advantage and Distribution Reach

As a domestic manufacturer, DK Bike benefits from:
- Local assembly capabilities
- Adaptability to Vietnamese road conditions
- Strategic retail partnerships in educational districts
Its distribution model focuses on accessibility, with outlets near schools, vocational centers, and public transit nodes.

4. Contribution to National Mobility Equity

EV adoption must be demographically equitable to succeed.
DK Bike ensures that the electrification movement is not confined to urban elites, making it a key pillar of Vietnam’s sustainable transport narrative.

DK Bike: Strategic Positioning in Vietnam’s EV Brand Matrix (2025)

Brand Name	Market Segment	Average Price Range (VND)	Range Performance	Charging Speed	Innovation Level	Mass Adoption Potential
DK Bike	Budget / Mid-tier	15–18 million	Low-Mid (~80 km)	Moderate	Basic	High (cost-driven)
VinFast	Mid to High-End	25–80 million	High (>200 km)	Fast	High	Moderate-High
Dat Bike	High-Performance	35–60 million	Very High (285 km)	Very Fast	Advanced	Moderate
Yadea	Entry to Mid-Range	18–35 million	Medium (~150 km)	Moderate	Moderate	High

Conclusion: DK Bike’s Role as the People’s Choice in Electric Two-Wheelers

DK Bike may not dominate headlines or showcase cutting-edge EV tech, but its role is no less important. As a volume-driven, affordability-first brand, it is the quiet enabler of Vietnam’s electric mobility transition. Its strategic focus on the under-served segments of the market ensures that the path to zero-emission transport is not reserved for the few—but open to the many.

In 2025, DK Bike earns its place among Vietnam’s Top 10 Electric Motorbike Brands not through flash or speed, but through reach, relevance, and real-world impact.

10. Other Notable Brands: Detech, EVGO, Vmoto, Tailg

While major players such as VinFast and Dat Bike dominate headlines, a collection of secondary but strategically significant brands—including Detech, EVGO, Vmoto, and Tailg—play a vital role in diversifying Vietnam’s electric mobility ecosystem. These companies, despite holding market shares typically under 3%, contribute by addressing underserved segments, experimenting with different pricing strategies, and introducing international competition.

Their inclusion in Vietnam’s Top 10 Electric Motorbike Brands of 2025 is justified by their:

Contribution to price diversity and accessibility
Expansion of technology choices for consumers
Support for EV adoption across socio-economic tiers

1. Detech: A Budget-Focused Domestic Brand in Transition

Company Overview

Headquarters: Vietnam
Market Share (2025): Under 3%
Positioning: Budget electric motorbikes priced below VND 20 million
Target Segments: Entry-level riders, students, low-income urban and rural users

Key Models and Pricing

Model Name	Price (VND)	Approx. USD	Target User Segment	Notable Features
Espero Enigma	18,800,000	~$790	Budget daily commuters	Basic styling, affordability-first design
Espero Diamond Plus	18,500,000	~$780	Urban school-goers	Slightly upgraded aesthetics
Espero T-Rex	14,500,000	~$610	Rural students, low-income	Ultra-low cost option with minimalist design

Performance & Market Impact

Strengths:
- Highly affordable models catering to first-time EV users
- Domestic brand familiarity boosts accessibility in tier-2 cities
Challenges:
- Legacy quality concerns from ICE models like the “Win” may hinder EV trust
- Lack of major innovation or unique technological offerings

Strategic Value

Detech plays a critical role in Vietnam’s rural EV penetration, particularly for regions where affordability is a non-negotiable factor. However, to maintain relevance, Detech must address historical quality concerns through consistent product reliability and stronger after-sales service.

2. EVGO (Son Ha Group): Balancing Innovation with Price Sensitivity

Company Overview

Parent Company: Son Ha Group
Market Focus: Mid-range to premium electric scooters
Market Share: Estimated under 3%
Notable Feature: Lack of battery rental option, which affects price competitiveness

Key Models and Pricing

Model	Price (VND) (excl. battery)	Est. Full Price (incl. battery)	Key Segment	Comment
EVGO VS125	44,900,000	~70,000,000	Premium urban users	Stylish but price-prohibitive
EVGO A	24,900,000	~40,000,000+	Mid-range buyers	Practical, but lacks aggressive USP
EVGO C	19,900,000	~35,000,000+	Budget commuters	Affordable but overshadowed by rivals
EVGO D	20,900,000	~36,000,000+	Students, workers	Functional design, moderate pricing

Strengths and Weaknesses

Strengths	Weaknesses
Backed by a large Vietnamese conglomerate	High total cost due to lack of battery rental
Diverse product line addressing multiple needs	Price point overlaps with superior competitors like VinFast
Design-focused offerings	Battery replacement concerns deter cost-sensitive buyers

Strategic Value

EVGO represents a growing domestic attempt to capture the mid-to-premium EV space, yet its pricing strategy presents a critical bottleneck to wider adoption. Without addressing battery ownership costs or introducing rental models, EVGO risks alienating its price-sensitive base.

3. Vmoto: International Presence with Niche Premium Appeal

Company Overview

Origin: Australia (branded as Super Soco internationally)
Vietnam Market Share: Under 3%
Positioning: Premium electric scooters and motorbikes with European-inspired design
Target Market: Affluent urban professionals, tech-savvy riders

Key Models and Estimated Pricing

Model	Regional Price (RM)	Approx. VND Equivalent	Range & Performance	Buyer Profile
TC Max	19,900 RM	~42,000,000 VND	~110 km range, 100 km/h top speed	Commuters, young professionals
CPX Pro	25,900 RM	~55,000,000 VND	~140 km range, urban scooter	Delivery fleet, city riders

Strategic Role

Vmoto enhances Vietnam’s EV market diversification by introducing foreign styling, higher performance benchmarks, and global manufacturing standards. Although volume remains modest, Vmoto:
- Raises consumer expectations for safety and design
- Creates upward pressure on local brands to innovate

4. Tailg: Scaling Up with Manufacturing Muscle

Company Overview

Origin: China
Vietnam Investment: Manufacturing plant in Hung Yen with 350,000 units/year capacity
2025 Market Target: Valuation exceeding $8 billion
Market Strategy: High-volume production + competitive pricing

Key Models and Pricing

Model	Price (VND)	Market Tier	Feature Highlights
Tailg Y5	35,000,000	Mid-range urban	Sleek design, smart dashboard options
Tailg Doris	25,000,000	Entry-level commute	Compact, easy-to-ride for city travel
Tailg S35 Running	40,000,000	Premium commuter	Extended range, modern aesthetics

Strategic Advantages

Local Production:
- Enhances price competitiveness via lower import taxes
- Faster distribution and after-sales service
Aggressive Expansion Plan:
- Direct challenge to Yadea, VinFast, and even Honda
- Tailg is positioning itself as a mass-market disruptor by balancing scalability with affordability

Risks and Market Perception

While Chinese-origin brands sometimes face trust barriers in Southeast Asia, Tailg’s localized production and scale could help counter negative perceptions through visible commitment.

Comparative Matrix: Notable Secondary EV Brands in Vietnam (2025)

Brand	Origin	Market Share	Avg. Price Range (VND)	Key Segment	Strength	Challenge
Detech	Vietnam	<3%	14M – 19M	Entry-level urban and rural	Ultra-low prices	Historical quality concerns
EVGO	Vietnam	<3%	20M – 70M	Mid to high-end commuters	Wide range, strong parent co.	High cost, no battery rental
Vmoto	International	<3%	42M – 55M	Niche urban premium	Stylish, global appeal	Limited local support & awareness
Tailg	China	<3% (est.)	25M – 40M	Mass mid-range & entry-level	Manufacturing scale in VN	Chinese brand perception

Conclusion: How These Brands Strengthen Vietnam’s EV Evolution

Although smaller in market size, Detech, EVGO, Vmoto, and Tailg are key enablers of Vietnam’s electric two-wheeler transformation. Each offers distinct value propositions—from low-cost accessibility (Detech) to international styling (Vmoto) and industrial scale (Tailg).

Their presence ensures:

Wider product variety across multiple income levels
Healthy market competition, pushing both domestic and foreign leaders to innovate
Expanded geographic and demographic EV penetration

Together, they fortify Vietnam’s position as Southeast Asia’s most dynamic electric motorbike market in 2025.

Vietnam’s Electric Motorbike Market in 2025: A Comprehensive Analysis

1. Charging Infrastructure: Development Trajectory and Ongoing Limitations

Current Landscape of EV Charging Network

The surge in electric motorbike adoption across Vietnam is outpacing the expansion of essential charging infrastructure.
VinFast, the country’s dominant EV brand, has installed over 150,000 charging poles nationwide. These are located strategically in:
- Shopping malls
- Highway rest stops
- Urban residential areas
- Public parking zones in major cities
Despite this significant investment, overall infrastructure availability remains severely limited.

City	Charging Stations (2025)	Estimated EV Fleet	Infrastructure Coverage
Ho Chi Minh City	~600	350,000–400,000 motorbikes	<10%
Hanoi (V-Green data)	1,000	250,000+ (est.)	~15%

Gaps and Strategic Expansion Goals

HCMC targets: 3,000 charging and battery-swapping stations by 2028.
Major constraint: lack of national charging standard, creating interoperability challenges.
This fragmented approach restricts:
- Brand-agnostic usage of charging points
- Consumer convenience and confidence
- Efficient private sector participation

Future Demand Forecast (World Bank Projections)

Metric	By 2030	By 2050
EV Chargers Needed	800,000	6,000,000
Batteries Required	2 million	10 million

Conclusion: Without urgent public-private coordination and investment, the EV charging ecosystem risks becoming the primary bottleneck to mass-scale adoption.

2. Battery Technology Evolution and Lifecycle Challenges

Market Transition: From Lead-Acid to Lithium-Ion

Prior to 2023, lead-acid batteries dominated the market (70%+ share), due to:
- Low upfront cost
- Simpler local manufacturing
However, growing consumer expectations around durability and performance have accelerated the shift.

Battery Type	Market Share (2024)	Projected CAGR (2025–2030)	Key Benefits
Lithium-Ion	88.52%	7.01%	Long lifespan, higher range, lighter
Lithium Iron Phosphate	Fast-growing segment	N/A	Explosion-resistant, high safety

Innovative Domestic Applications

VinFast and Dat Bike lead in high-performance battery usage:
- Dat Bike: Claims up to 15-year battery lifespan or 150,000 km usage
- Batteries retain over 70% capacity after extended use

Persistent Challenges in Battery Lifecycle

Battery degradation occurs within 2–3 years for many users.
Replacement costs:
- Range between VND 5 million – 15 million ($210–$630)
- Deters middle- and lower-income consumers from long-term commitment

Market Opportunity: This issue opens avenues for businesses offering:

Battery diagnostics and protection services

Extended battery warranties

Refurbishment and second-life battery markets

3. Addressing Range Anxiety and Consumer Sentiment

Psychological Barriers to Adoption

Despite an average daily commute of 27 km, most consumers seek models offering 150–200 km range per charge.
This trend illustrates a preference for psychological comfort and reliability over purely functional utility.

Safety Concerns and Public Incidents

Incidents such as a residential fire in Hanoi (linked to EV charging) have triggered:
- Temporary bans on apartment-based charging
- Heightened consumer safety concerns
Misinformation and fear hinder trust even when accidents are unrelated to EV batteries

Urban Infrastructure Limitations

Many buildings lack:
- Ground-floor charging stations
- Safe, accessible electricity access points
Residents in multi-storey or rented properties face unique difficulties

Strategic Recommendations:

Expansion of battery-swapping stations to reduce charging dependency

Manufacturer-led education campaigns on battery safety

Integration of range assurance features and smart battery diagnostics

4. Regulatory and Market Obstacles

Economic Accessibility and Financial Incentives

High upfront costs remain a primary deterrent, especially for low-income urban and rural consumers.
Governmental policies (e.g. registration waivers, battery-leasing models) are in place but limited in scope.

EV Model	Average Price (VND)	Target Audience	Battery Policy
VinFast Feliz S	~29,000,000	Mid-income daily commuters	Optional battery rental
Dat Bike Weaver++	~65,000,000	Tech-savvy and eco-conscious	Battery included (long lifespan)
EVGO VS125	~70,000,000 (with batt.)	High-end commuter segment	No rental option

Public Transport as a Structural Limitation

Cities like Hanoi and HCMC face underdeveloped mass transit systems
As petrol-bike bans are introduced, lack of alternatives may:
- Widen the mobility gap among low-income populations
- Generate urban congestion and logistical strain

Electric Grid Capacity Constraints

Meeting future EV penetration targets requires:
- A 12–20% increase in national grid capacity between 2045 and 2050
- Smart grid development and energy diversification
Current infrastructure is insufficiently equipped to handle large-scale EV deployment

Policy Insight: Holistic EV policy must integrate energy planning, transportation reform, and financial accessibility to ensure equitable transition.

Conclusion: The Road Ahead for Vietnam’s Electric Motorbike Revolution

Vietnam’s electric motorbike revolution is at a pivotal inflection point in 2025. While momentum is strong—with technological advancements, rising consumer awareness, and growing government support—critical structural, psychological, and logistical barriers remain. For the nation to transition from early adoption to mainstream saturation, a coordinated and multi-dimensional strategy is essential, one that encompasses:

Scalable and standardized charging infrastructure
Affordable and durable battery technologies
Transparent communication on safety and performance
Infrastructure expansion in both urban and rural settings
Grid modernization and renewable energy integration

By addressing these core pillars, Vietnam can solidify its position as a leading electric mobility hub in Southeast Asia and unlock the full potential of sustainable two-wheeled transportation.

Government Support and Incentives in the Vietnamese Electric Motorbike Market (2025)

I. National Policy Landscape and Strategic Roadmaps

Policy Framework Driving Electrification

The Government of Vietnam has taken a decisive stance in favor of electric mobility as part of its overarching climate strategy.
Its regulatory framework aligns closely with the national net-zero emissions pledge for 2050, and explicitly targets internal combustion engine (ICE) vehicles for progressive phaseout.
Policymakers have issued clear urban transport electrification directives to accelerate adoption across high-density city zones.

Phased Petrol Motorbike Ban: Key Timelines

City	Regulated Zone	Ban Effective From
Hanoi	Ring Road 1	July 1, 2026
	Ring Road 2	January 1, 2028
	Ring Road 3	2030
Ho Chi Minh City	Entire Inner Core	Plan to replace 400,000 ICE bikes, timeline under review

These bans will effectively create a non-discretionary market for electric two-wheelers (E2Ws), compelling consumers to switch to compliant vehicles.
This represents a structural tailwind for electric motorbike brands, ensuring baseline demand growth regardless of traditional consumer sentiment.

Net-Zero Transport Goals: Long-Term Mandates

By 2025: 100% of newly purchased urban public buses must be electric or green-energy vehicles.
By 2030: At least 50% of vehicles in major cities must be fully electric.

These initiatives are not merely symbolic—they act as demand anchors that reshape manufacturing, investment, and infrastructure planning across Vietnam’s mobility ecosystem.

II. Financial Incentives: Tax Exemptions, Direct Subsidies, and Trade-In Schemes

National-Level Incentives

Registration Fee Exemption:
- 0% registration fee for electric motorbikes, valid until February 2027.
Value-Added Tax (VAT) Reduction:
- Lower 8% VAT rate applied to electric vehicles versus standard rates.

These measures effectively reduce upfront costs by several million VND, significantly narrowing the price gap between ICE and electric motorbikes.

City-Level Subsidies: Hanoi as a Leading Case

Target Group	Proposed Subsidy Amount
General Consumers	VND 3 million (~$115)
Near-Poor Households	VND 4 million (~$155)
Poor Households	VND 5 million (~$195)
Residents in Regulated Zones	Full coverage of registration/licensing costs

These targeted grants are intended to ensure equity in access to cleaner mobility solutions, particularly for lower-income groups reliant on motorbikes for economic survival.
Hanoi’s inclusive model could serve as a blueprint for other Vietnamese cities.

Manufacturer-Led Trade-In Programs

Manufacturer	Campaign Name	Discounts & Incentives Offered
VinFast	“Swap Petrol for Electric”	– VND 1 million cash incentive – Dealer gifts – 15–20% model price discount
Yadea	E-Bike Trade-In Campaign	– VND 2 million (~$80) discount on new e-motorbikes

These collaborations between public and private sectors create a multi-channel incentive ecosystem—decreasing switching barriers for end-users while driving up conversion rates.

III. Policy Impact on Market Dynamics and Adoption Trends

Electrification Adoption: Measured Impact of Regulation

Metric	2021	2022	2025 (Est.)
E2W Market Share (Electric)	10%	~12%	18–22%
Urban ICE Replacement (planned units)	150,000+	250,000+	400,000+

Adoption is no longer solely driven by environmental consciousness or fuel savings.
Regulatory pressures—such as bans and targeted subsidies—have institutionalized consumer behavior change, particularly in urban areas.
The electric motorbike is transitioning from a green alternative to a regulated necessity.

Investment and Innovation Stimulus

The clarity of long-term government policy has catalyzed capital influx from domestic and international manufacturers.
Both foreign direct investment (FDI) and local startups are scaling production, supply chains, and aftersales networks.
Policy predictability lowers investor risk, making Vietnam an attractive EV manufacturing and R&D hub in Southeast Asia.

IV. Equity and Infrastructure Considerations in Policy Execution

Socioeconomic Equity in Electrification

Despite incentives, the upfront cost of many electric motorbikes remains prohibitively high for rural or low-income populations.
Government programs are attempting to bridge this gap, but implementation remains uneven between provinces.
There is a need for expanded microfinance tools or EV-leasing models to support vulnerable groups, particularly:
- Delivery drivers
- Students
- Informal workers

Infrastructure Synchronization with Policy Goals

Successful implementation of bans and incentive programs depends heavily on charging infrastructure and battery availability.
A misalignment between policy goals and infrastructure readiness could lead to:
- Market bottlenecks
- User dissatisfaction
- Black-market trade in ICE vehicles

Conclusion: Policy as a Market Shaper

The Vietnamese government’s robust electric mobility policy is no longer just a set of regulatory instruments—it is now the defining force behind the transformation of Vietnam’s urban transport landscape. Through a blend of hard mandates, fiscal incentives, and collaborative industry engagement, the state has cultivated a demand environment where electric motorbikes are not merely viable—they are increasingly indispensable.

Evolving Consumer Trends and Behavioral Shifts

Demographic Segmentation of EV Users

Vietnam’s electric motorbike (E2W) market in 2025 is witnessing a dynamic shift in consumer preferences, largely fueled by an intersection of environmental awareness, rising fuel costs, and the appeal of modern vehicle design.

Key Demographics Driving Demand:
- Young Professionals: Driven by aesthetics, tech integration, and environmental values.
- University Students: Attracted by affordability, low operational costs, and compact design.
- Female Riders: Prefer lighter, quieter, and more manageable vehicles in urban traffic.

Core Drivers of Adoption

Adoption Driver	Impact on Market Growth
Environmental Awareness	Growing concern over air pollution is shifting demand away from ICE motorbikes.
Fuel & Maintenance Savings	EVs cost 70–90% less to operate than petrol bikes.
Product Innovation	Sleek designs and integrated smart features appeal to digital-first consumers.
Urban Mobility Efficiency	Compact and quiet designs are well-suited for Vietnam’s congested cities.

Operational Cost Comparison (per 60 km ride):

Mode	Electric Motorbike	Gasoline Motorbike
Energy/Fuel Cost	~VND 3,200 (USD 0.13)	VND 30,000–50,000 (USD 1.25–2.10)
Maintenance Frequency	Minimal	High (oil changes, mechanical wear)
Noise & Emissions	Silent, zero-emission	Loud, high CO₂ and NOx emissions

Conclusion: Daily commuters now view E2Ws not just as a trend, but as a rational, cost-saving alternative to petrol-powered vehicles.

2. Commercial Sector: A High-Growth Catalyst

Emergence of Fleet Electrification

While consumer demand forms the foundation of Vietnam’s E2W market, fleet and logistics electrification is rapidly becoming its most potent accelerator.

Growth in Fleet Demand:
- Delivery & logistics fleets are projected to grow at a CAGR of 32.21% through 2030.
- This is primarily driven by:
  - Government pressure to phase out petrol-based ride-hailing bikes.
  - Lower operating costs for businesses with high daily mileage.
Example – Cost Advantage for Couriers:
- EV couriers save between VND 40,000–60,000/day on fuel.
- Over a month, this equals ~ VND 1.2–1.8 million ($47–$70) in savings per vehicle.

Corporate Integration & Ecosystem Expansion

Company	Partnership	Strategic Benefit
Selex Motors	Lazada Logistics, DHL Express	Reduced fleet emissions, lower TCO (Total Cost of Ownership)
VinFast	Taxi operators, ride-hailing apps	Broadens use cases, increases demand for charging infrastructure

Positive Feedback Loop:
- More fleet adoption → higher battery swap demand → increased station density → more convenience for all users.
- This creates a reinforcing cycle of adoption and infrastructure development.

3. Long-Term Outlook and Strategic Market Trajectories

Forecasts for 2025 and Beyond

Domestic Demand Projections:
- By 2036, Vietnam is expected to register:
  - 2.5 million two-wheelers sold annually
  - Of which 2 million will be electric (80% market share penetration).
Overall EV Market Valuation:
- Estimated to reach USD 7.41 billion by 2030, driven largely by the two-wheeler segment.

Urban Regulation as a Demand Engine

Regulatory actions in major cities like Hanoi and Ho Chi Minh City are acting as non-discretionary demand triggers, pushing consumers and businesses toward EVs.

Key Regulatory Milestones:
- Hanoi: Gradual petrol bike bans by 2026–2030 across key urban rings.
- Ho Chi Minh City: Pledge to phase out 400,000 petrol bikes used in app-based services.
- Green Fleet Mandate: 50% of urban vehicles must be electric by 2030.

These regulations are not only spurring immediate demand, but are reshaping consumer expectations and investment decisions across the transport sector.

4. Competitive Landscape and Market Consolidation

Dominant & Emerging Players

The Vietnamese E2W market is entering a phase of consolidation, innovation, and foreign investment.

Category	Examples	Positioning
Domestic Leaders	VinFast, Selex Motors	Large-scale production, national infrastructure, price competitiveness.
Foreign Entrants	Yadea, Dat Bike, Tailg, EVGO	High-quality imports, smart features, localized assembly investments.

Expected Market Trends:
- Mergers and Acquisitions to eliminate weaker brands.
- R&D investments in battery longevity, charging speed, and smart mobility.
- Price war in mid-range segment, particularly with the rise of China-backed brands.

5. Strategic Implications for Stakeholders

For Manufacturers

Invest in localized production to optimize pricing and avoid import taxes.
Partner with logistics firms to scale fleet sales and leverage operational case studies.
Expand charging networks or adopt battery-swapping models for higher user retention.

For Policymakers

Ensure equitable EV adoption by subsidizing lower-income riders.
Mandate fleet electrification timelines to fast-track commercial adoption.
Standardize battery technology and charging infrastructure to encourage interoperability.

For Consumers

Increasing model diversity and improved cost-efficiency will make EVs a default option for urban transport by the end of the decade.

Conclusion: A Market on the Brink of Transformation

Vietnam’s electric motorbike market in 2025 is at a critical inflection point. Bolstered by a synergy of regulatory mandates, shifting consumer values, economic incentives, and commercial applications, the sector is evolving from an emerging trend to an inevitability.

Stakeholders who position themselves strategically—through innovation, partnerships, and localization—stand to benefit immensely from this multi-billion-dollar transition that is reshaping Vietnam’s personal and commercial mobility landscape.

Strategic Recommendations for Vietnam’s Electric Motorbike Market in 2025

I. Executive Summary of Market Dynamics

Vietnam’s electric motorbike (E2W) industry in 2025 is undergoing a high-velocity transformation, propelled by a convergence of regulatory enforcement, shifting consumer behaviors, and technological acceleration. As the world’s second-largest E2W market after China, Vietnam has emerged as a strategic hub for electric two-wheeler innovation and expansion.

Key Highlights:

Market Dimension	Insight
Market Size (2025)	Estimated > 1.5 million electric motorbikes in use
Leading Domestic Brand	VinFast
Key Foreign Entrants	Yadea, Dibao, Dat Bike, Selex
Urban Transition Mandates	Petrol motorbike bans in Hanoi & HCMC by 2026–2030
Government Incentives	0% registration fee, VAT reductions, direct purchase subsidies
Projected Market Value (2030)	USD 7.41 billion
Key Challenges	Underdeveloped charging infrastructure, battery replacement costs
Socioeconomic Considerations	Equity issues for low-income riders dependent on petrol vehicles

II. Strategic Recommendations by Stakeholder Group

A. For Electric Motorbike Manufacturers

To capture market share and ensure long-term brand competitiveness, manufacturers must evolve beyond product design and into ecosystem leadership.

1. Prioritize R&D in Battery Technology and Infrastructure:

Accelerate development of:
- High-density batteries for extended range.
- Fast-charging capabilities under 60 minutes.
- Durability innovations to combat degradation over time.
Form alliances to co-develop battery-swapping ecosystems, especially in logistics and ride-hailing sectors.

2. Diversify Product Portfolios for Multi-Tier Segments:

Offer segmented models tailored to:
- Budget-conscious commuters (students, gig workers).
- Mid-tier consumers seeking value and efficiency.
- Premium urban riders looking for performance, design, and digital features.

Segment	Price Range (VND)	Target Users
Entry-level	< 15 million	Students, low-income commuters
Mid-range	15–30 million	Young professionals, families
Premium	> 30 million	Affluent urban consumers

3. Build Robust After-Sales Networks:

Expand service centers with:
- Certified technicians trained in EV diagnostics.
- Transparent battery warranties (minimum 3 years or 20,000 km).
- On-demand maintenance services for fleet operators.

4. Strengthen Localization Strategies:

Increase domestic sourcing of components to:
- Reduce reliance on imported parts.
- Lower production costs.
- Qualify for government “Make in Vietnam” incentives.

B. For Investors and Venture Capital Stakeholders

Vietnam’s E2W market offers strong return potential for investors prepared to align with national sustainability goals and consumer behavior shifts.

1. Focus Capital on Scalable Platforms:

Prioritize investments in companies with:
- In-house R&D capability.
- Local assembly/manufacturing infrastructure.
- Proven performance in fleet electrification partnerships.

2. Enter the EV Infrastructure Vertical:

High-growth areas include:
- Battery swapping stations.
- Public and private charging infrastructure.
- Battery recycling technologies.

3. Leverage the B2B Opportunity in Delivery Fleets:

High-usage commercial segments (e.g., food delivery, last-mile logistics) are ideal for rapid electrification due to cost savings of VND 40,000–60,000 per day per bike.
Invest in firms working with:
- Shopee, Grab, Gojek, DHL Express, Lazada Logistics.

C. For Government and Policymakers

A comprehensive policy and regulatory framework is indispensable to accelerate equitable, nationwide EV adoption.

1. Nationalize and Standardize Charging Infrastructure:

Develop a national EV charging master plan:
- Prioritize metro areas with existing congestion.
- Establish minimum coverage metrics (e.g., 1 station per 3 km² in Hanoi/HCMC).
Enforce interoperability of battery-swapping and charging protocols.

2. Expand Financial Incentives and Social Protection:

Implement tiered subsidy programs:
- VND 4–5 million for low-income riders.
- 100% coverage of registration/licensing fees in restricted zones.
Provide low-interest micro-loans or lease-to-own schemes for vulnerable groups affected by ICE bans.

3. Scale Grid Infrastructure in Parallel:

Plan to increase national electricity grid capacity by 12–20% by 2045.
Support investments in distributed renewable energy (e.g., rooftop solar) to stabilize EV charging demand.

4. Establish a Circular Battery Economy:

Introduce battery lifecycle legislation mandating:
- Manufacturer responsibility for end-of-life battery recycling.
- Incentives for second-life battery applications in energy storage.

III. Policy-Industry-Investor Alignment Framework

To ensure market coherence and mitigate fragmentation, a trilateral collaboration model is essential.

Stakeholder Role	Responsibilities
Government	Policy roadmap, subsidies, infrastructure incentives, grid upgrades
Manufacturers	Product development, charging solutions, public education, service delivery
Investors	Capital for infrastructure, innovation hubs, and fleet scaling

IV. Final Outlook: A Market on the Brink of Transformation

Vietnam’s electric motorbike industry in 2025 is at a crucial inflection point. While challenges such as infrastructure gaps and affordability constraints persist, the convergence of public policy, commercial demand, and rising consumer acceptance is rapidly dissolving legacy barriers.

The path ahead will be shaped by:

Regulatory mandates enforcing a near-universal transition away from petrol vehicles by 2030.
A generational shift in mobility preferences among Vietnamese youth and urban populations.
Emergent leadership from both homegrown innovators and globally funded players.

With decisive action and sustained coordination among all ecosystem actors, Vietnam is well-positioned to become the benchmark for two-wheeler electrification across Southeast Asia.

Vietnam’s Electric Motorbike Market in 2025: A Comprehensive Analysis of a Rapidly Evolving Landscape

1. The Prevalence of Two-Wheelers in Vietnam’s Transportation Ecosystem

Market Scale and Structural Importance

Vietnam is globally recognized as one of the most motorcycle-dense nations.
As of 2023:
- Total registered motorcycles: ~75 million units
- Motorcycles’ share in motorized vehicles: Over 90%
- Annual two-wheeler sales: Approximately 3 million units

Economic and Social Relevance

Motorbikes serve as the lifeline of urban and rural mobility across Vietnam.
Critical user segments include:
- Commuters in densely populated cities
- Low- and middle-income households
- Gig economy and delivery service riders

Implications for Electrification

The existing two-wheeler stock represents a vast addressable replacement market for electric models.
Even modest increases in electric vehicle (EV) penetration could translate into hundreds of thousands of units annually.

Metric	Value (2023)
Total Registered Motorcycles	75 million
Share of Motorized Fleet	90%+
Annual 2W Sales	~3 million units
ICE Dominance	>85%

2. The Emergence of Electric Motorbikes: Market Penetration and Acceleration

Exponential Growth in Registrations and Sales

The registered E2W base has grown 4.6x from 2016 to 2023.
- 2016: ~0.5 million electric motorcycles
- 2023: ~2.3 million electric motorcycles
Compound Annual Growth Rate (CAGR): 24.3%

Steady Market Share Expansion

E2W share of the total two-wheeler market:
- 2017: 1.2%
- 2021: 10.4%
- 2022: ~12%
- 2025 (projected): Expected to exceed 15%

Sales Volume Surge

Sales trajectory:
- 2017: 39,700 units
- 2021: 288,000 units
- Q1 2025 (VinFast alone): 44,904 units, up 473% YoY

Growth Drivers

Rising environmental awareness
Significant cost savings vs petrol alternatives
Enhanced urban EV infrastructure
Strategic focus from top local players like VinFast

Year	E2W Units Sold	Market Share (%)
2017	39,700	1.2%
2021	288,000	10.4%
2023	~500,000+ (est.)	~12%
2025 (Q1 only, VinFast)	44,904	–

3. Governmental Vision: Vietnam’s Roadmap to Electric Mobility Leadership

Vietnam’s Global and Regional Position

Vietnam ranks as the:
- Second-largest electric two-wheeler (E2W) market globally (after China)
- Leading market in the ASEAN region for E2W adoption

Electrification Policy Milestones

Outlined in Decision No. 876/QD-TTg, the Vietnamese government has set ambitious timelines:
- By 2025:
  - All new urban buses must be electric or green energy-based
- By 2030:
  - At least 50% of urban vehicles to be electric
- By 2040:
  - Gradual phase-out of gasoline vehicles
- By 2050:
  - 100% electrification of the national vehicle fleet

Implications for Market Acceleration

These policies provide:
- Regulatory certainty for manufacturers and investors
- Non-discretionary market drivers in key urban centers
- Incentives that complement consumer trends, turning adoption into necessity

Strategic Industrial Alignment

The policy framework supports:
- Domestic EV manufacturing scale-up
- Attraction of foreign direct investment (FDI) in battery and vehicle assembly
- Integration of Vietnam into the global EV supply chain

Target Year	Electrification Goal
2025	100% green new urban buses
2030	50% electric vehicles in urban areas
2040	Phase-out of petrol-powered vehicles
2050	Full national EV adoption

4. Strategic Insights: Market Readiness and Infrastructure Needs

Challenges Hindering Full-Scale Adoption

Underdeveloped charging networks, especially outside major cities
Battery degradation concerns and replacement cost anxiety
Limited interoperability among charging and battery systems
Disparities in EV affordability for low-income populations

Opportunities for Ecosystem Development

Robust battery-swapping station networks for commercial and high-use riders
Development of standardized national EV infrastructure protocols
Expansion of local battery manufacturing to reduce cost and enhance resilience
Formation of public-private partnerships to accelerate public charging deployment

Conclusion: A Nation on the Brink of Electrified Transformation

Vietnam’s two-wheeler market in 2025 is experiencing a fundamental transition. The scale, speed, and direction of this transformation are shaped by:

The country’s deep dependence on two-wheelers for daily life and commerce
A rapidly maturing electric motorbike ecosystem, led by forward-thinking domestic players
A strategically aggressive governmental policy framework driving both supply and demand
The emergence of a viable commercial and investor landscape for sustained growth

As adoption accelerates and infrastructure catches up, Vietnam is well-positioned to become a global model for two-wheeler electrification in developing economies—where population density, cost sensitivity, and environmental imperatives converge.

Market Dynamics and Forecasts (2025–2030)

Total Market Size & Projections

Vietnam’s electric vehicle (EV) market is experiencing an inflection point.
2025 Market Value: Estimated at USD 3.12 billion.
2030 Forecast: Expected to reach USD 7.41 billion, growing at a Compound Annual Growth Rate (CAGR) of 18.88%.

Segment	2025 Value (USD)	2030 Projection (USD)	CAGR (2025–2030)
EV Market (Total)	3.12 Billion	7.41 Billion	18.88%
E-Bikes	66.54 Million	90.91 Million	6.44%
Passenger Cars	Largest Revenue Share	–	68.42% (2024 share)
Electric Buses	–	–	34.17%

The relatively slower CAGR in the e-bike segment reflects a more mature sub-sector and potential saturation at the entry-level, such as low-powered mopeds (L1 category).

2. Two-Wheeler Electrification Outlook

Unit Demand Projection

By 2036, annual EV demand in Vietnam is forecasted to reach 2.5 million units.
Of these, electric motorcycles are expected to comprise 2 million units, or 80% of demand.

Market Transition Insight

This indicates an evolving preference away from internal combustion engine (ICE) two-wheelers.
Electrification is not merely a short-term market disruption but a fundamental transformation in transport behavior and industrial development.

3. Competitive Landscape and Market Share (as of Mid-2025)

Key Players and Market Distribution

The Vietnamese electric motorbike market is predominantly led by domestic brands.

Brand	Market Share (July 2025)	Notes
VinFast	43%+	Strongest leader, aggressive expansion
Pega	~16%	Leading local mid-range competitor
Dibao	12%	Chinese brand with strong pricing strategy
Yadea	8.6%	Global brand with Vietnam production
Anbico	8.3%	Vietnamese, focuses on low-cost commuters
NIU	6.2%	Smart mobility features, youth appeal
Gogoro	3.1%	Taiwanese tech-forward entrant
Others (e.g., DK Bike, Vmoto)	<3%	Niche players, low to mid-range

Market share figures may vary slightly by source. For example, a Kirin Capital report (July 25, 2025) placed VinFast at 32%, Yadea between 12–13%, and Pega around 15–16%. Despite minor fluctuations, VinFast’s leadership remains uncontested.

4. Sales Performance and Market Drivers

Year-on-Year Growth Highlights

Brand	YoY Sales Growth (Jan–May 2025)
VinFast	+488%
Yadea	+36.8%

VinFast: Posted record sales of 28,220 units in Q3 2023, a 177% increase over Q2 and 113% growth YoY.
Total 2W Market (ICE + Electric):
- 2024: 2.9 million units (+4.9% YoY)
- Jan–May 2025: 1.32 million units, up 20.2% YoY

Segmental Performance (Jan–May 2025)

Segment Type	Category	Growth Rate
L1	<50cc mopeds	+113.1%
L3	>50cc scooters/motorbikes	+49.3%

L1 models appeal to students and entry-level users due to:
- Low price points
- Minimal licensing requirements
- Short-distance commuting suitability
L3 models are gaining traction among middle-class commuters seeking higher speeds and better performance.

5. Policy Support and Consumer Incentives

Government Incentives

0% Registration Fee for EVs valid through February 2027
Reduced VAT: 8% instead of standard 10%
Hanoi Pilot Subsidies:
- General Consumers: Up to VND 3 million (~USD 115)
- Poor/Low-income: Up to VND 4–5 million

Manufacturer-Led Programs

Brand	Trade-in Discounts Offered
VinFast	VND 1 million
Yadea	VND 2 million

These policies significantly narrow the price gap between electric and gasoline models, accelerating consumer transition.

6. Domestic vs. International Brands: Strategic Divergence

ICE vs. Electric Market Composition

ICE Dominance (2020):
- Honda: 71.8%
- Yamaha: 15.8%
E2W Market (2025):
- Vietnamese Brands: >70% of new sales
- Foreign (mainly Chinese): Gaining fast but not dominant
- Japanese brands: Limited presence, slow to adapt

Late Entry by Japanese Giants

Honda ICON e: Introduced in 2023
Yamaha Neo’s: Launched in 2022, minimal market impact

This delayed participation has enabled local firms and Chinese competitors to dominate the early phases of electric mobility.

7. Strategic Positioning: Vietnam as a Regional EV Hub

Vietnamese Brands’ Competitive Advantages

Deep understanding of domestic consumer preferences
Robust local dealer and service networks
Competitive pricing and agile manufacturing
Alignment with government localization incentives

China’s Role

Brands like Yadea and Dibao leverage:
- Cost-effective supply chains
- Local manufacturing partnerships
- High-volume production capabilities

8. Conclusion: A Transformative Decade Ahead

The Vietnamese electric motorbike market in 2025 is at the heart of a historic transition.
Rapid sales growth, combined with proactive policies and dominant local brands, is redefining the nation’s transportation landscape.
Vietnam’s two-wheeler electrification story is not just about replacing engines—it’s about reshaping industry leadership, consumer culture, and environmental responsibility.

Conclusion

As we conclude this comprehensive overview of the Top 10 Electric Motorbike Brands and Models in Vietnam in 2025, it is evident that the country’s two-wheeler landscape is undergoing a historic and irreversible transformation. What was once a market heavily reliant on internal combustion engine (ICE) motorcycles has now become a dynamic and fast-evolving ecosystem of electric mobility solutions. This evolution is being driven not only by climate concerns and government policy but also by shifting consumer expectations, rapid technological advancement, and the emergence of a new generation of competitive, locally-tailored electric vehicles.

Key Takeaways from the Top 10 Electric Motorbike Rankings

VinFast’s Dominance: As Vietnam’s leading EV manufacturer, VinFast continues to set industry benchmarks in battery technology, integrated connectivity, and aggressive market expansion. Its extensive distribution network, vertically integrated production model, and smart mobility features have positioned it as a dominant force not just domestically, but regionally.
Rising Domestic Competitors: Brands such as Pega, Anbico, and DK Bike have proven that homegrown manufacturers can thrive by understanding local commuting needs, optimizing for affordability, and offering simple, durable solutions. Their ability to serve key demographic groups—especially students and budget-conscious consumers—gives them an edge in mass-market penetration.
Technological Disruption by International Entrants: Global EV players such as Yadea, NIU, and Gogoro are enhancing consumer expectations with sleek designs, smart dashboards, fast-charging capabilities, and app-integrated controls. These brands are bringing global R&D and scalability to the Vietnamese market, pushing domestic competitors to innovate faster.
Segmented Growth Across Categories: From entry-level e-mopeds (L1) ideal for short-distance urban commuting, to higher-power scooters (L3) suitable for intercity travel, the product landscape is now diverse. Consumer demand is increasing across all segments, with significant growth noted especially in student-focused vehicles under 50cc equivalent, and mid-range smart scooters priced between $900–$1,500.
Government Backing and Policy Incentives: Supportive government policies—such as a 0% registration fee, reduced VAT, and direct purchase subsidies—are actively shaping consumer behavior. These incentives, combined with growing public awareness of environmental issues, have significantly lowered the barriers to electric vehicle adoption.

Strategic Implications for Industry Stakeholders

The emergence of these ten brands and their flagship models in 2025 provides valuable insights for various stakeholders:

For Consumers

A broader range of price points, from budget-friendly models under 20 million VND to premium smart scooters above 40 million VND, means more freedom of choice.
Advancements in battery durability, charging infrastructure, and connectivity features offer improved user experiences, lower maintenance costs, and long-term savings.

For Investors

Vietnam’s electric two-wheeler market, projected to reach 2 million annual unit sales by 2036, offers high growth potential.
Opportunities exist in battery technology, EV financing, after-sales services, and charging infrastructure, especially in underserved rural and peri-urban areas.

For Policymakers

The strong momentum among domestic EV brands underscores the potential for Vietnam to become a regional E2W manufacturing hub.
Continued regulatory support—especially in areas such as recycling, battery swapping ecosystems, and green financing—will be essential to sustaining this transition.

Future Outlook: What Lies Ahead for E-Mobility in Vietnam?

Vietnam’s electric motorbike revolution is still in its early stages, but the 2025 landscape reveals clear signs of maturity, diversification, and resilience. The convergence of three forces—technological innovation, policy momentum, and consumer readiness—is creating a fertile environment for electric mobility to thrive.

As infrastructure expands, battery prices decline, and smart features become standard, electric two-wheelers will likely overtake traditional motorbikes as the dominant mode of personal transportation in Vietnam. The country is also well-positioned to emerge as a regional leader in electric motorbike exports, especially to other ASEAN markets where two-wheelers dominate.

In this context, the top 10 electric motorbike brands and models featured in this blog are not merely market leaders—they are the architects of Vietnam’s sustainable mobility future. By combining affordability, performance, and user-centric design, these companies are helping redefine how Vietnamese people move, live, and commute.

Final Words

Whether you are a consumer looking to make your first EV purchase, a business leader analyzing market trends, or a policymaker charting the next phase of transportation strategy, understanding the key players in Vietnam’s electric motorbike industry is essential. As 2025 marks an inflection point in Vietnam’s EV journey, these brands and their breakthrough models are setting the pace for what promises to be a cleaner, smarter, and more energy-efficient future on two wheels.

Stay tuned as this exciting market continues to evolve—and drive Vietnam toward a zero-emission future, one electric motorbike at a time.

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