
Vietnam currently ranks 4th in Southeast Asia in terms of new car sales, behind Indonesia, Malaysia and Thailand. However, in the field of pure electric vehicles, Vietnam has risen to 2nd place and is rapidly narrowing the gap with Thailand.
According to the European Transport and Environment Federation, by the end of August 2025, VinFast's electric vehicle sales in Vietnam had exceeded 87,000 vehicles - higher than the whole of 2024. By the end of the third quarter, this number reached about 100,000 vehicles, helping Vietnam to be only 2,700 electric vehicles behind Thailand. With strong consumption momentum in the last quarter of the year, the possibility of Vietnam surpassing Thailand to become the largest electric vehicle market in the region is completely feasible.
Purchasing power has increased sharply thanks to the State's support policies such as exemption of registration fees, along with VinFast's nationwide free charging program. In addition, the demand for electric vehicles for urban transportation and logistics services has also increased rapidly. While Thailand remains the region's electric vehicle manufacturing hub with the presence of many Chinese automakers such as BYD, MG or Great Wall Motor, Vietnam excels in charging infrastructure. To date, V-Green - the infrastructure provider for VinFast - has developed more than 150,000 charging ports for electric cars and motorbikes, more than 10 times the number of charging ports in Thailand.
With rapid development, widespread charging network and strong incentive policies, Vietnam is getting closer to becoming the electric vehicle hub of Southeast Asia - a place that not only consumes but also has the potential to become the leading electric vehicle manufacturing base in the region.
Source: https://quangngaitv.vn/viet-nam-sap-vuot-thai-lan-ve-tieu-thu-xe-dien-6508891.html
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