Latest 2021 Developments

Vietnam Electric Bus Market developments include shift of market players towards electric buses from diesel and petrol buses to electric buses to deal with the rising environmental concerns. Additionally, dangerous levels of pollution in cities such as Hanoi and Ho Chi Minh is of the other reasons to shift to electric vehicles to reduce the level of air pollution. VinFast has signed two contracts on the supply of technology and spare parts for electric bus manufacturing with Siemens Vietnam Company.

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Vietnam Electric Bus Market has been observed in its incubation stage and is anticipated to register growth in the upcoming six years. Low electricity cost and rising fuel prices are anticipated to propel market growth in the coming years. Moreover, development in road construction, and improving infrastructure is further expected to trigger the market growth.

According to 6Wresearch, the Vietnam Electric Bus Market size is expected to witness growth throughout the forecast period 2019-2025. Rising concerns of the country towards environmental pollution coupled with increasing health concerns amongst the individuals would further trigger market growth. Moreover, Vingroup has announced the investment of $42.88 million for the introduction of 3,000 electric buses in 2020 which would further surge the market revenues over the forecast period.

Lithium-Ion battery based electric vehicles are expected to gain momentum in the market owing to its high energy density. In terms of end user public sector is expected to generate maximum demand over the forecast period on the back of government plans to introduce electric buses for public transportations.

The Vietnam Electric Bus Market report thoroughly covers the market by Vehicle Types, End Users, Charging Infrastructure and regions. The Vietnam Electric Bus Market outlook report provides an unbiased and detailed analysis of the on-going Vietnam Electric Bus Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

• Vietnam Electric Bus Market Overview
• Vietnam Electric Bus Market Outlook
• Vietnam Electric Bus Market Trends
• Vietnam Electric Bus Market Forecast
• Historical Data of Vietnam Electric Bus Market Revenues and Volume for the Period 2015-2018
• Vietnam Electric Bus Market Size and Vietnam Electric Bus Market Forecast of Revenues until 2025
• Historical Data of Vietnam Electric Bus Market Revenues and Volume, by Vehicle Types, for the Period 2015-2018
• Market Size & Forecast of Vietnam Electric Bus Market Revenues and Volume, by Vehicle Types, until 2025
• Historical Data of Vietnam Electric Bus Market Revenues, by End Users, for the Period 2015-2018
• Market Size & Forecast of Vietnam Electric Bus Market Revenues, by End Users, until 2025
• Historical Data of Vietnam Electric Bus Market Revenues and Volume, by Charging Infrastructure, for the Period 2015-2018
• Market Size & Forecast of Vietnam Electric Bus Market Revenues and Volume, by Charging Infrastructure, until 2025
• Historical Data of Vietnam Electric Bus Market Revenues and Volume, by Regions, for the Period 2015-2018
• Market Size & Forecast of Vietnam Electric Bus Market Revenues and Volume, by Regions, until 2025
• Market Drivers and Restraints
• Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Market Player’s Revenue Shares
• Vietnam Electric Bus Market Overview on Competitive Benchmarking
• Vietnam Electric Bus Market Share, by Companies
• Vietnam Electric Bus Market Share, by Regions
• Key Strategic Recommendations

Markets Covered

The Vietnam Electric Bus Market report provides the detailed analysis of the following market segments:

• By Vehicle Types:
  • Plug-In Electric Bus
  • Hybrid Electric Bus
  • Battery Electric Bus
    
    
• By End Users:
  • Public
  • Private
    
    
• By Charging Infrastructure:
  • Ground Contact
  • Roof Pantograph
  • Gantry Pantograph
  • Plug Only
  • Induction
    
    
• By Regions:
  • North Central
  • North West
  • North East
  • South East
  • South Central