LG Energy Solution has signed a memorandum of understanding with Honda and Hà Nội authorities with the aim of developing a public battery-swapping network for electric motorbikes in the Vietnamese capital, the Korean battery maker announced on May 19.
The partnership between Xuân Cầu Holdings, Petrolimex and Selex Motors marks a major step in developing green energy infrastructure and expanding electric transport energy services in Việt Nam.
According to statistics of the Vietnam Association of Motorcycle Manufacturer (VAMM), sales by its members, including Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam rose by 8.3 per cent year-on-year to 729,121 units.
Data from the Vietnam Association of Motorcycle Manufacturers (VAMM) shows that traditional manufacturers experienced a noticeable slowdown last year, with total market sales reaching 2.6 million units, down 1.5 per cent year-on-year.
A new circular provides detailed guidance on the application of electricity tariffs, ensuring transparency, correct classification of users and proper usage purposes.
Việt Nam’s largest auto distributor Tasco Auto JSC and charging infrastructure provider Esky Energy Investment Service Trading Corporation will install over 50 DC fast-charging stations at Tasco showrooms nationwide from early 2026 under a newly signed Memorandum of Understanding.
The draft fuel economy standards at 4.83 litres per 100 km by 2030 must push nearly all gasoline – powered car models off the market, Vietnam Automobile Manufacturers Association (VAMA) said, calling for a roadmap with softer fuel economy rules.
Surveys by the Hà Nội Department of Construction have found nearly 500 possible sites for further stations, ranging from bus depots and railway stations to apartment complexes, urban areas and public parks.
After years of VinFast’s near-monopoly in the EV segment, international names are now signalling strong ambitions to tap into one of Southeast Asia’s fastest-growing markets.