Vietnam Electric Vehicle Market Size & Share 2025–2030: Spotlight on Honda Vietnam, Nissan Vietnam

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The Vietnam Electric Vehicle Market size was valued at around USD 2.4 billion in 2024 and is expected to reach USD 6.74 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 18.12% during the forecast period, i.e., 2025-30.

Vietnam Electric Vehicle Market Size, Growth Rate Statistical Highlights

The Vietnam Electric Vehicle Market, published by MarkNtel Advisors, delivers an in-depth analysis of the Industry covering key market dynamics, competitive landscape, future trends, and strategic insights. This research is essential for stakeholders seeking to understand market evolution, capitalize on emerging opportunities, and drive profitability through data-backed decisions.

Key Report Highlights            

  • Market Dimensions Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Request a Free Sample Copy of the Report - https://www.marknteladvisors.com/query/request-sample/vietnam-electric-vehicle-market.html   

Vietnam Electric Vehicle Market Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading key players, including:

  • VinFast Auto Ltd.
  • Tesla Inc.
  • Mercedes-Benz Vietnam
  • Toyota Motor Vietnam
  • Honda Vietnam
  • Hyundai Thanh Cong Vietnam
  • Kia Vietnam
  • TMT Motors
  • Nissan Vietnam
  • Dat Bike (for electric two-wheelers)
  • Great Wall Motors (Haval)
  • Others

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Vietnam Electric Vehicle Market Recent Developments and RD Highlights

  • 2025: Honda Vietnam has launched new electric scooter models, including the locally-made ICON e: (1.5kW battery, 50km range), and expanded sales of the CUV e: and ICON e: commuter scooters, targeting both urban commuters and young riders.

Learn more or access full research here - https://www.marknteladvisors.com/research-library/vietnam-electric-vehicle-market.html   

In-Depth Vietnam Electric Vehicle Market Segmentation Breakdown

By Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)
  • Fuel Cell Electric Vehicle (FCEV)

Out of these, the Battery Electric Vehicle (BEV) is the leading segment, which accounts for more than 35% market share.

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Electric Two-Wheelers
  • Electric Buses

By Battery Type

  • Lithium-ion Battery
  • Nickel-Metal Hydride Battery
  • Others

Among these, the Lithium-ion Battery segment holds the largest market share of more than 60%.

By End-User

  • Private/Individual
  • Commercial/Corporate Fleet
  • Public Transport (e.g., E-buses)

By Distribution Channel

  • Dealerships
  • Direct Sales
  • Online/E-Commerce

By Region

  • Northern
  • Central
  • Southern
  • Southeast
  • Mekong Delta

Each category is evaluated for current performance, future growth potential, and competitive intensity.

Methodology Built for Accuracy and Depth

  • Research Scope Design: Defining research objectives, methodology type (qualitative/quantitative), data sources, and timelines.
  • Sample Data Collection: Selection of relevant audience groups, proper sample sizing, and data gathering via surveys, interviews, and observational methods.
  • Data Analysis Validation: Cleaning and analyzing data using statistical and thematic tools; applying cross-checks to reduce error or bias.
  • Forecasting Reporting: Utilizing time-series models and predictive analytics to project trends; compiling insights with visual aids and strategic recommendations.

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Who We Are:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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