Vietnam Electric Commercial Vehicle Market 2022: Rising Demand for Electric Vehicles in Logistics Industry Drives Growth –


DUBLIN–(BUSINESS WIRE)–Vietnamese Electric Commercial Vehicles Market, By Vehicle Type (E-Truck, Electric Bus), By Propulsion Type (BEV, HEV, PHEV and FCEV), By Range, By Battery Capacity, By Region, Forecast Competition and Opportunities, The 2017-2027 Report” has been added to from offer.

The Vietnamese electric utility vehicle market is expected to grow at a terrific rate during the forecast period. The growth of the market can be attributed to the growing demand for electric utility vehicles such as electric trucks in the logistics industry and the government’s growing focus on promoting electrification in the country.

The high demand for electric buses in transport fleets due to increasing urbanization and rising pollution levels is leading to increased adoption of electric utility vehicles. In addition, strict government regulations and fierce competition have compelled automotive OEMs to manufacture fuel-efficient and environmentally friendly electric vehicles, supporting the growth of Vietnam’s electric commercial vehicle market.

Various logistics companies have started paying attention to the electrification of trucks to reduce operating costs and carbon footprint, which is positively influencing the growth of the Vietnamese electric commercial vehicle market. An increase in demand for low-emission, fuel-efficient and high-performance vehicles due to fluctuating oil prices and emphasis on sustainability is adding to the growth of the Vietnamese electric utility vehicle market over the past of the forecast period.

Tremendous growth in sectors such as logistics and supply chain industries and stringent standards in the country are driving many companies to electrify their vehicles, supporting the growth of the market. Moreover, the advancements in battery technology and the use of latest technologies such as ADAS, AI, IoT, etc., along with the huge investments by market players to introduce advanced features in their vehicles are propelling the growth of Vietnam electric commercial vehicle market.

Goal of the study:

  • To analyze and forecast the market size of Vietnam Electric Commercial Vehicles market, in terms of value and volume.

  • To classify and forecast the Vietnam electric utility vehicle market based on propulsion type, range, battery capacity, regional distribution and company forecast.

  • Identify Vietnam Electric Utility Vehicle Market Drivers and Challenges.

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the Vietnam Electric Utility Vehicle Market.

  • Perform pricing analysis for Vietnam EV market.

  • To identify and analyze the profile of major players involved in the Vietnam Electric Utility Vehicle market.

The publisher conducted extensive primary and secondary research for this study. Initially, the publisher provided a list of manufacturers across Vietnam. Subsequently, the publisher conducted primary research surveys with the identified companies. During the interview, respondents were also asked about their competitors. Using this technique, the publisher could include manufacturers, who could not be identified due to secondary research limitations. The editor analyzed the product offerings, distribution channels and presence of all major manufacturers in Vietnam.

Report Scope:

In this report, the Vietnam Electric Utility Vehicle Market has been segmented into following categories, in addition to industry trends which have also been detailed below:

Electric commercial vehicle market in Vietnam, by vehicle type:

  • electric truck

  • Electric bus

Vietnam electric utility vehicle market, by type of propulsion:

Vietnam Electric Commercial Vehicle Market, By Range:

  • Up to 100 miles

  • 100-200 miles

  • 201-300 miles

  • Above 300 miles

Vietnam Electric Utility Vehicle Market, By Battery Capacity:

  • Less than 100kWh

  • 100-200 kWh

  • 200-300kWh

  • Above 300 kWh

Vietnam Electric Commercial Vehicles Market, By Region:

  • South Vietnam

  • North Vietnam

  • Central Vietnam

Main topics covered:

1. Product introduction

2. Research methodology

3. Executive Summary

4. Impact of COVID-19 on Vietnam Electric Utility Vehicle Market

5. Voice of the customer

5.1. Factors influencing purchase decision

5.2. Brand awareness

5.3. Challenges and unmet needs

6. Vietnam Electric Commercial Vehicle Market Outlook

6.1. Market size and forecast

6.1.1. By value and volume

6.2. Market share and forecasts

6.2.1. By type of vehicle (electric truck, electric bus)

6.2.2. By type of propulsion (BEV, HEV, PHEV and FCEV)

6.2.3. By range (up to 100 miles, 100-200 miles, 201-300 miles, above 300 miles)

6.2.4. By battery capacity (less than 100 kWh, 100-200 kWh, 200-300 kWh, above 300 kWh)

6.2.5. By region

6.2.6. By company (2021)

6.3. Commodity Market Map

7. Vietnam Electric Bus Market Outlook

7.1. Market size and forecast

7.1.1. By value and volume

7.2. Market share and forecasts

7.2.1. By engine type

7.2.2. By range

7.2.3. By battery capacity

7.2.4. By application (logistics, construction, municipal, other)

8. Vietnam Electric Truck Market Outlook

8.1. Market size and forecast

8.1.1. By value and volume

8.2. Market share and forecasts

8.2.1. By engine type

8.2.2. By range

8.2.3. By battery capacity

8.2.4. By application (public transport, tourists, school, office, others)

9. Market dynamics

9.1. Drivers

9.2. Challenges

10. Market trends and developments

11. Vietnam Economic Profile

12. Policy and regulatory landscape

13. Product Benchmarking

Companies cited

  • Daimler

  • You’re here

  • Proterra

  • Nissan

  • BYD

  • Honda

  • hyundai

  • VDL

  • ABB


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