VinFast, a Vietnamese automaker, is reportedly planning to tap into the hybrid vehicle market by next year. The company will reportedly add gasoline-powered generators to its existing electric vehicle models, easing the transition for consumers into the…
In Ho Chi Minh City (HCMC), approximately 14,000 ride-hailing motorbike drivers have transitioned from gasoline-powered vehicles to electric versions. This represents about 3.5% of the total fleet. Ngo Hai Duong, Head of the Road Transport Management…
Sales of electric motorbikes surged in the first eight months of the year, outpacing traditional gasoline-powered bikes and signaling a shift in consumer preference. A Boom in Electric Motorbike Sales Electric vehicles, particularly those that don’t require a…
Vietnam secured the third spot globally in electric motorbike sales in the first half of 2025, trailing only behind China and India with an impressive tally of 209,000 units. Data from online database Motorcycles Data reveals that Vietnam’s market size has…
South Korean battery producer LG Energy Solution is setting its sights on manufacturing electric motorbikes and establishing charging stations in Vietnam. During a recent meeting with local officials in Phu Tho Province, Lee Jin Woo, senior director of LG…
VinFast is dominating the small crossover utility vehicle (CUV) market in Vietnam, capturing more than 64% of sales in the first half of 2025, leaving competitors like Toyota far behind. In a remarkable surge, the VinFast VF 3 model emerged as the star…
This month, Hanoi’s government announced a bold initiative to ban fossil-fueled motorbikes from the city’s Ring Road 1, an area that encompasses much of the bustling downtown, with the prohibition set to take effect by mid-2026. However, the Motorbike…
In an electrifying twist in the automotive landscape, BYD has officially claimed the title of Singapore’s top-selling car brand for the first time this year, outpacing Japanese giant Toyota. With its sights firmly set on global expansion, the Chinese electric…
Chinese EV maker Skyworth Auto has started selling its cars in Singapore, opening its first showroom there on Tuesday. The 185-square-meter showroom features the first Skyworth model in the country, K, an SUV designed for family comfort with a travel range of…
Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year. Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said at a press conference on December 16 that the Indonesian government…
Vietnam will need nearly US$14 billion to develop a network of charging stations to develop a green transport system, said insiders. This is expected to reduce greenhouse gas emissions, and create great tremendous opportunities for the electric vehicles (EV)…
Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand. Under the current EV 3.0 incentive program,…
The Thai cabinet has approved a budget allocation to fund a subsidy program’s second phase, which offers electric vehicle buyers up to 100,000 baht (US$3,070) per vehicle. Under the second phase of the subsidy program called EV 3.5, running from 2024 to 2027,…
Zeekr, Chinese conglomerate Geely’s premium electric vehicle brand, will be distributed in Vietnam by transport services provider Tasco. Following an agreement signed Monday the EV maker joined the list of auto brands distributed by Tasco, which also includes…
Indonesian Transportation Minister Budi Karya Sumadi is encouraging more people to embrace electric vehicles (EVs) in their lives as the country wishes to boost its e-mobility adoption. However, the minister admitted that convincing people to use EVs could be…
The European Union has slashed its planned extra tariff on Tesla electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its…