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Vietnamese electric vehicle manufacturer VinFast, supported by Vietnam’s largest conglomerate Vingroup, made a grand entrance into the Philippine EV market on May 31. The launch event featured two compact SUVs, a full-size SUV, a hatchback, and an impressive lineup of electricmotorcycles.
Local police are even riding electricmotorcycles to escort delegates. Many companies are realising that electric two-wheelers will be first taken up in this part of the world,” Vivek Lath, […]. The summit season has kicked off big time in Southeast Asia, and green vehicles are in the spotlight.
VinFast VinFast is a Vietnam-based company that was established in 2017 by Vingroup. In the few years they have been in production, they have successfully conquered the Vietnam EV market with a range of electric cars and scooters. Clean Fleet Report reviewed the Vinfast VF 8 here.
According to a recent report from Rethink Energy, post-Covid pandemic electric 2-wheeler sales are recovering globally. However, they expect that by 2027, over 100 million electric 2-wheelers will be on the roads globally. Since 2021, there has been marginal growth in the sector, with a move towards electrification.
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