Vietnam secured the third spot globally in electric motorbike sales in the first half of 2025, trailing only behind China and India with an impressive tally of 209,000 units.
Data from online database Motorcycles Data reveals that Vietnam’s market size has doubled compared to the same period last year. China dominated the scene with a staggering 3.2 million units sold, while India followed at 657,000. In total, global sales surpassed 4.4 million, marking a notable year-on-year increase of 7.2%.
In Vietnam, electric motorbike sales are primarily driven by homegrown manufacturer VinFast, the only company to have publicly shared its sales figures. In a landscape where competitors like Honda and Yamaha keep their cards close to their chest, VinFast emerged as a dominant player, securing its position among the top 10 global electric motorcycle manufacturers. Last year alone, the brand led the Vietnamese market with nearly 71,000 units sold.
While VinFast has yet to officially announce its sales numbers for the first half of 2025, sources indicate that the company is likely to have sold over 100,000 electric motorbikes. The segment that recorded the most remarkable growth was that of electric motorbikes not requiring a license, which soared by an astonishing 112%. These affordable models are particularly appealing to students and homemakers, bridging the gap between mobility and cost-effectiveness.
Industry analysts are closely monitoring regulatory changes, particularly the anticipated ban on gasoline motorcycles in parts of Hanoi and the potential for similar initiatives in Ho Chi Minh City. Such regulations are poised to significantly boost the demand for electric motorbikes in the coming years. In a stark contrast, Honda and Yamaha currently offer only one electric motorcycle model each, resulting in relatively modest sales figures.
What is Vietnam’s global ranking in electric motorbike sales as of the first half of 2025?
Vietnam ranks third globally in electric motorbike sales, following China and India, with 209,000 units sold.
Which company leads the electric motorbike market in Vietnam?
VinFast leads the market in Vietnam, boasting significant sales figures and demonstrating rapid growth within the electric motorcycle segment.
How are regulatory changes expected to affect electric motorbike demand in Vietnam?
The expected ban on gasoline motorcycles in urban areas like Hanoi and Ho Chi Minh City is set to drive higher demand for electric motorbikes as consumers shift towards more sustainable options.
