Vietnam has emerged as Southeast Asia’s dominant electric vehicle (EV) market, with EVs now accounting for nearly 40% of all new car sales in the country. The surge in adoption reflects a rapid shift toward sustainable transportation, driven by government incentives and growing consumer demand. Industry analysts attribute the rise to Vietnam’s expanding urbanization and a push for cleaner energy solutions in the region. The development underscores the country’s role as a key player in Asia’s evolving automotive landscape.
Vietnam becomes Southeast Asia’s largest electric-car market as EV share reaches nearly 40% TV BRICS
