# Vietnam electric vehicle market growth > Live situation record from CLSTR: https://clstr.news/situations/vietnam-electric-vehicle-market-growth > Updated: 2026-09-09T23:25:56.000Z. Sources: 4. Developments: 2. The Vietnamese automotive market has undergone a significant transition toward electric vehicle (EV) adoption. Initially, the market saw a shift in consumer behavior driven by affordability, as new electric minicars like the VinFast VF 2 and Bestune Xiaoma 222 provided entry-level options for budgets under 300 million VND. By 2025, EV adoption surged to approximately 40% of all new car sales, a rate the International Energy Agency (IEA) noted exceeded that of major markets including the United States, South Korea, and Australia. VinFast has emerged as the dominant player in this transition, reporting 175,099 vehicle deliveries in 2025 and over 137,000 sales in the first seven months of 2026. This growth is largely attributed to mass-market models such as the VF 3 and VF 5. In the electric motorbike sector, domestic firms like Dat Bike are increasingly focusing on technological self-reliance, moving from mechanical assembly toward the advanced integration of software, electronics, and battery management systems. VinFast is also expanding its two-wheeler portfolio; in September 2026, the company released teaser images for two new electric motorcycle models. One model features a longer body with a high front end and a large footboard, suggesting a touring-oriented style, while the second is more compact, leading to speculation that it may be an upgraded version of the existing Evo model. Industry observers anticipate these models may support battery swapping to leverage VinFast’s expanding station network. ## Timeline ### 2026-09-09: VinFast teases two new electric motorcycle models VinFast has teased two new electric motorcycle models in Vietnam, featuring distinct scooter designs that may include an upgraded version of the Evo model. 2 sources. https://clstr.news/cluster/vinfast-teases-two-new-electric-motorcycle-models ### 2026-09-03: Vietnam automotive market sees rise in affordable electric vehicles Vietnamese consumers are increasingly weighing electric versus gasoline vehicles as affordable new electric minicars, such as the VinFast VF 2, enter the market under 300 million VND. 2 sources. https://clstr.news/cluster/vietnam-automotive-market-sees-rise-in-affordable-electric-vehicles --- Cite as: Vietnam electric vehicle market growth. CLSTR, https://clstr.news/situations/vietnam-electric-vehicle-market-growth