Top 20 Vietnam Electric Vehicle (EV) Manufacturers

With the rise of global environmental concerns and the need for sustainable transportation solutions, electric vehicles (EVs) have gained significant attention worldwide. Vietnam, a rapidly developing nation, has also recognized the importance of adopting cleaner and more efficient transportation alternatives. In recent years, the country has witnessed a remarkable growth in its EV industry, with several manufacturers striving to meet the rising demand for electric mobility. This article will showcase the top 20 Vietnam EV manufacturers that are leading the way in the nation’s transition to sustainable mobility.

1. VinFast:
VinFast, a subsidiary of Vingroup, is positioning itself as a leader in Vietnam’s EV market. The company is committed to developing high-quality electric cars that combine advanced technology, safety, and luxurious designs. VinFast aims to produce affordable EVs, allowing more people to embrace electric mobility.

2. Thaco Group:
Established in 1997, Thaco Group has been a key player in Vietnam’s automotive industry. The company launched its electric bus manufacturing division and has made significant investments in EV production technologies. Thaco aims to develop a range of electric buses and commercial vehicles to cater to various needs.

3. Hyundai Thanh Cong:
Hyundai Thanh Cong, a venture between Hyundai Motor Group and Thanh Cong Group, is another prominent name in the Vietnamese EV market. The company plans to produce electric cars, contributing to the country’s clean energy efforts and meeting the rising demand for EVs.

4. Samco:
Samco is focusing on manufacturing electric buses to support Vietnam’s push for cleaner and greener public transportation. The company has invested in research and development to produce electric buses with improved battery technology, longer ranges, and enhanced passenger comfort.

5. Toyota Vietnam:
Toyota Vietnam, a subsidiary of the Japanese automotive giant, has recognized the potential of EVs in Vietnam and aims to contribute to the development of the country’s EV ecosystem. The company plans to introduce electric and hybrid vehicles to cater to the changing preferences of Vietnamese consumers.

6. Mekong Auto:
Mekong Auto specializes in the production of electric motorcycles, tri-wheelers, and electric scooters. The company aims to provide an environmentally friendly commuting solution for urban areas, where two-wheelers are popular modes of transportation.

7. Foso:
Foso is an emerging player in the Vietnam EV market, focusing on the production of electric scooters and motorcycles. The company aims to develop affordable and reliable electric two-wheelers to combat pollution and reduce carbon emissions.

8. TMT Motor:
TMT Motor is a leading manufacturer of electric scooters, motorcycles, and electric bicycles. The company focuses on providing durable and efficient electric mobility solutions while ensuring affordability to encourage the mass adoption of EVs.

9. Hera Motors:
Hera Motors specializes in electric motorcycles and electric scooters. The company has invested in advanced battery technology to improve range and durability, making their products suitable for various commuting needs.

10. Thibidi Group:
Thibidi Group, a renowned manufacturer of electrical equipment, has expanded its business to include electric motorcycles. The company aims to produce durable and energy-efficient EVs that meet the demand for sustainable transportation in Vietnam.

11. Mobigo:
Mobigo is a startup that has gained recognition for its innovative approach to e-motorcycling. The company focuses on developing electric mobility solutions that prioritize safety, performance, and affordability.

12. Automo:
Automo specializes in converting existing gasoline-powered vehicles into electric ones. The company provides retrofitting services, allowing vehicle owners to make their cars more environmentally friendly by replacing the internal combustion engine with an electric powertrain.

13. Hanoi Electric Vehicle Registration (Hever):
Hever is a local startup that aims to revolutionize the electric scooter market in Vietnam. The company offers an electric scooter sharing service, contributing to reducing traffic congestion and promoting sustainable commuting options.

14. Sunra:
Sunra, a Chinese electric motorcycle manufacturer, has expanded its operations to Vietnam and established a manufacturing plant. The company produces high-quality electric motorcycles with modern designs and advanced features, aiming to capture a significant share in the Vietnamese market.

15. Modmo:
Modmo is an Irish electric bike company that has entered the Vietnamese market to provide sustainable mobility solutions. The company offers e-bikes with stylish designs, long-range capabilities, and integrated technology for a seamless riding experience.

16. S-cubed (Shifted-Smart-Sustainable):
S-cubed is a startup focusing on developing sustainable mobility solutions, including electric scooters and electric bicycles. The company aims to reduce the carbon footprint in urban areas and provide affordable yet high-quality EV options.

17. E-Pioneer:
E-Pioneer is committed to manufacturing electric motorcycles and scooters, aiming to promote clean and sustainable urban mobility in Vietnam. The company focuses on affordability, durability, and performance to attract a wide range of consumers.

18. Turtler:
Turtler specializes in electric bicycles for urban commuting. The company designs and manufactures e-bikes suitable for the Vietnamese climate and road conditions, providing an alternative transportation solution for short-distance trips.

19. Terra Motors Vietnam:
Terra Motors Vietnam is a subsidiary of Terra Motors Corporation, a Japanese electric vehicle manufacturer. The company focuses on producing electric motorcycles that match the preferences and needs of Vietnamese consumers, contributing to a greener future.

20. Electric Vehicle Vietnam (EVVN):
EVVN is a supplier of electric scooters and electric bikes based in Vietnam. The company aims to provide reliable and energy-efficient alternatives to traditional gasoline-powered two-wheelers, promoting sustainable transportation options.

The rise of electric mobility in Vietnam indicates a positive shift towards sustainable transportation solutions. The top 20 EV manufacturers listed above are revolutionizing the automotive industry in the country. These companies, with their commitment to innovation, affordability, and environmental consciousness, are driving Vietnam’s transition to a greener and cleaner future, while improving the overall mobility experience for its citizens. With consistent support from the government and increasing consumer awareness, Vietnam’s EV market is expected to witness further growth and contribute significantly to a more sustainable and cleaner transportation ecosystem.