Vietnam Becomes Southeast Asia’s Largest EV Market: Lessons for Emerging Economies
Vietnam becomes Southeast Asia’s largest EV market: lessons for emerging economies. Nearly 40% of new car sales were electric in 2025, with VinFast delivering 175,099 vehicles and capturing essentially the entire BEV market. Registration fee exemptions and a 3% special consumption tax reduced the upfront price of EVs. V-Green built 150,000 charging ports ahead of demand. This analysis breaks down the data, the policy framework, the affordability strategy, the charging network, and the lessons for other developing economies.










