With a sharp increase in demand, the Vietnamese electric motorcycle market is interested and invested in production by many car manufacturers.

Ministry of Transport said that by the end of 2023, the country has seen large number of electric motorbikes sales. Meanwhile, the Ministry of Industry and Trade recorded sales of electric motorbikes in Vietnam, increasing greatly in the past few years.

The fact that environmentally friendly two-wheeled vehicles have gradually increased sales is said by experts to contribute a significant part to the 'net zero' goal and reduce carbon emissions in transportation.

Besides the encouragement of the Government of Vietnam, electric vehicle companies now have the goal of increasing production and diversifying products in the domestic market.

On January 21st, 2024, the world's largest electric motorcycle company Yadea built a modern factory in Tan Hung Industrial Park, Lang Giang district, Bac Giang province.

With an investment of US$ 100 million, the new factory has a total area of about 232,200 square metres, expected to start operating in 2025.

Although only established in 2017, VinFast, Yadea's rival in Vietnam, also owns an electric motorcycle factory on a total area of 64,000 square metres. All production processes of this brand are maximally automated, ensuring that each product supplied to the market will pass strict quality standards.

Another electric motorbike sales business belonging to Son Ha Group also has a production plant in the area. In phase 2, this enterprise will research and cooperate with foreign partners to produce electric cars to serve the domestic market and export.