Vietnam’s booming electric motorbike sector is drawing fresh competition as local startups position themselves to capture a share of the world’s third-largest market.
Industry data shows Vietnam sold around 209,000 electric motorbikes in the first half of 2025, nearly double the figure from a year earlier. This rapid growth has placed the country behind only China and India in global EV motorbike consumption.
Riding this momentum, homegrown startups such as Dat Bike are scaling up production and expanding after-sales services to challenge established players like VinFast, which currently dominates the domestic market with more than 40% share. Other local brands including Pega and Selex, alongside foreign entrants such as China’s Yadea, are also intensifying competition.
Analysts note that demand is strongest in the low-power segment bikes requiring no driver’s license which has become popular among students, homemakers, and low-income commuters. Still, challenges remain, particularly the need for charging and battery-swapping infrastructure to support the fast-rising adoption rate.
Government policies aimed at reducing emissions and phasing out petrol motorbikes are further accelerating the shift, creating opportunities not only for manufacturers but also for infrastructure and service providers.
With affordability and convenience driving demand, industry experts say the winners will be those able to scale production, cut costs, and solve battery logistics, positioning Vietnam as a major hub in the global green mobility transition.
