Electric motorbikes’ expansion in Vietnam in 2021

02 Jan 2022

Despite being remarkable in terms of design, technological advances and modern equipment are the main selling points of the motorbike market in 2021.

With the commitment of countries to cut down emissions, electric vehicles are said to be the solution for future transportation. In Vietnam, electric motorcycles are products developed by most manufacturers because of their affordable prices, suitable income conditions, and designs that are made for road conditions and usage habits. 2021 is also the year when many electric vehicle brands officially enter the market instead of electric motorcycle models of less popularity.

 

1. Vinfast electric motorbikess “explode” in terms of categories

Vinfast is that which is rather young, but it has strong potential and understandings of the Vietnamese market. These factors have quickly allowed them to have an effect on the market with impressive new product lines.

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Since January 2021, Vinfast has brought to the market two electric motorcycle models, including Feliz and Theon. In particular, Vinfast Feliz, with a selling price of 24.9 million VND (including battery), is aimed at young people thanks to its youthful, compact, and convenient design with a 20-liter storage box. The bike is equipped with an LCD clock, and a 2250W motor that helps reach a maximum speed of 60km/h, and can travel a distance of 90km for each fully charged battery.

Vinfast Theon is priced at VND 63.9 million VND (excluding batteries), aimed at customers with higher incomes. High-end design, modern equipment with Showa forks, Nissin’s dual-channel ABS brakes make Theon stand out among others available on the market. The car is equipped with a 7100W motor, helping to reach a maximum speed of 90km/h. Each full charge will travel a maximum distance of 101km.

Recently, Vinfast continues to add to its electric roster the name Tempest – a model for students with a selling price of only VND 19.25 million (battery included). The highlight is compactness and flexibility with a 1600W motor, allowing the bike to reach 49km/h, and a maximum distance of 80km per full charge.

In addition to gradually covering all price segments, Vinfast also provides assurance thanks to a system of flexible warranty centers and battery exchange locations that are Vinmart/Vinmart+ supermarkets across the country, bringing many conveniences to consumers. Up to now, Vinfast has had 6 different electric motorbike models and it is expected that by 2022, the market will have more Vinfast products to choose from.

 

2. EVgo – Son Ha electric motorbike joins the market

Although introduced in 2020, it will not be until July 2021 that the first EVgo electric motorbikes will be delivered to consumers, with the first two models being EVgo C and EVgo D.

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In which, the EVgo D is priced at 21.9 million VND and comes with a 500W motor for a maximum speed of 43km/h, and a travel distance of 60km when fully charged. At 20.9 million VND, the EVgo C also has similar equipment to the EVgo D, but the design is more “mature”.

After which, Son Ha added 3 other electric motorcycle models to the market including EVgo A, EVgo ET1, EVgo EH1 with more powerful engine, higher maximum speed, and maximum travel distance when fully charged. Prices range from 25.9 to 39.9 million VND is also considered to be affordable for users.

 

3. YADEA electric motorcycle with additional products

As one of the famous electric vehicle brands in the market, YADEA also introduced to the market new electric vehicles such as Odora TTFAR, M6I TTFAR and YADEA S3. Featured with TTFAR (charging while operating) technology, YADEA electric motorbikes are popular for their smart features: LCD clocks, SmartKey equipment, and large storage compartments. The powerful engine and the travel distance of up to 100-120km per full charge are the factors that attract users.

The selling price of YADEA electric motorbikes is also quite affordable, ranging from 14-39 million VND.

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In addition to the aforementioned domestically produced electric vehicle models, there were participation of many electric motorcycle models in the market, mainly imported from China. It is expected that by 2022, the electric motorcycle market will continue to be vibrant and offer users more diverse options.

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