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2 clusters · 9 sources · 1 days · First seen · Last updated

Founding of AVES electric vehicle startup

Overview

Nguyen Van Thanh, the former CEO of Green SM, has founded AVES Technology & Green Energy JSC, a Hanoi-based startup established on September 9, 2026. With a charter capital of 30 billion VND and Thanh holding an 85% stake, the company focuses on the research, development, and production of clean energy products, including electric bicycles, motorbikes, three-wheeled vehicles, renewable energy solutions, and IoT devices.

AVES plans to launch its first electric two-wheeled products by the summer of 2027. To support this expansion, the company is recruiting for technical and logistics roles and intends to establish a manufacturing facility and an R&D Tech Lab in Hung Yen province. Additionally, the startup has launched the ‘AVES Future Mobility Challenge,’ a design competition with prizes valued at 265 million VND.

Entities

Green SM · AVES · AVES Technology & Green Energy JSC · Hưng Yên · Nguyen Van Thanh

Timeline

  1. 13 days ago

    [BUSINESS] 4 sources
    Nguyen Van Thanh founds AVES electric vehicle startup

    Former Green SM CEO Nguyen Van Thanh has launched AVES, a Vietnamese startup focused on electric vehicles and clean energy, aiming for a mid-2027 product launch.

  2. 13 days ago

    [BUSINESS] 6 sources
    AVES Technology & Green Energy plans electric vehicle launch for 2027

    Vietnamese startup AVES Technology & Green Energy JSC plans to launch electric motorcycles and bicycles by summer 2027, with manufacturing and R&D facilities planned for Hung Yen.

Sources

autopro.com.vn · cafebiz.vn · cafef.vn · congnghe.vn · genk.vn · mekongasean.vn · observatorial.com · soha.vn · thoibaotaichinhvietnam.vn