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EV market forecast to boom this year - Vimarsana News

EV market forecast to boom this year

Vietnam is experiencing a strong shift towards electric vehicles (EVs). The supportive and preferential policies implemented by the Government, such as the exemption of registration fees and reduction in special consumption tax for EVs, have played a significant role in promoting the adoption of this type of vehicle in the country.

Local car market experiences strong transition to green vehicles - Vimarsana News

Local car market experiences strong transition to green vehicles

The increase in the number of electric vehicles from 138 units in 2019 to over 28,000 electric vehicles and 3,557 hybrid vehicles in September 2023 is a clear indication of the growing interest in these vehicles among consumers.