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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
High demand for electric buses is driving the growth of the Vietnam electric bus market in the forecast period, thanks to favourable government regulations encouraging the use of emission-free public transportation and continual advancements in battery technologies.
Because of dangerously growing levels of pollution in key cities such as Hanoi and Ho Chi Minh, the government is introducing electric buses to reduce vehicular pollution, which is expected to drive the growth of the Vietnam electric bus market.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | U said And Vin bus Jointly Accelerate Electric-Bus Operation In Vietnam | The USAID Vietnam Urban Energy Security project and Vin Bus Ecology Transport Services LLC held a co-creation workshop. | Vietnam | This would enhance better Technological Controls |
| 2 | First smart e-bus fleet hits Hanoi street | The first smart electric bus fleet in Vietnam will be launched in Hanoi on December 2 by the transport services branch of conglomerate Vin group. | Vietnam | This would enhance better Technological Controls |
| 3 | Vin Bus & Star Charge signed a contract to electrify Vietnamâs bus system | Vin Bus has inked a contract with Star Charge for the region's largest-ever electric bus charging solution. | Vietnam | This would enhance better Technological Controls |
| 4 | Vietnamâs first smart electric bus service launched | The buses will only run in the Vin homes Ocean Park urban area in Gia Lam District during the first phase of the service. | Vietnam | This would enhance better Technological Controls |
The transportation sector is a major source of greenhouse gas emissions, as well as urban and regional air quality. During the forecast years, the Vietnam electric bus market is predicted to grow at a steady pace. The low cost of energy and the country's shifting fuel costs are to blame for the market's expansion.
Furthermore, the Vietnam electric bus market is being driven by significant infrastructural development, which is expected to lead to sustainable economic growth and increased personal disposable incomes.
Vin Bus Inc. is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The electric bus has a 281kWh battery size and can drive up to 260km on a single charge. It is also extremely environmentally friendly, emitting no pollution and producing little noise.
The Advance Tech advanced software system, which is installed in every Vin Bus, not only provides consumers with a lighthearted romp, but it also helps to change people's perceptions of public passenger transportation, particularly buses.
THACO Inc. has been one of the most advanced solution provider in the used car requirements. The Daily Minibus is a sleek, high-value vehicle with innovative technologies that may be used for a variety of purposes, including public shuttle services, tourism, and student transit, as well as more tailored high-end transportation needs.
The Daily Minibus is a one-of-a-kind vehicle with a beautiful European-style appearance and an aerodynamic construction made by strong ribs that start from the front and stretch smoothly and softly along the body to optimize aerodynamics.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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