The Electric Motorbike Market in Vietnam: Embracing the Green Transition
Vietnam is witnessing a significant shift from traditional gasoline-powered motorbikes to electric alternatives. The electric motorbike market in Vietnam is poised for significant growth. The Ministry of Industry and Trade reports that there are currently over 3 million electric bicycles and electric motorcycles in circulation in 2024. This has made Vietnam the largest electric motorcycle market in the ASEAN region and the second largest globally, after China.
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