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Cambodia’s electric two-wheeler market-the transition from traditional to electric
2026 Update — Cambodia's electric two-wheeler market **The base is still tiny — this is an early-stage market.**
As of February 2026 Cambodia had 8,322,868 registered vehicles, of which only 14,534 were electric (about 0.17% of the fleet). Motorbikes make up roughly 85% of all registered vehicles, so the two-wheeler segment is where electrification will actually be decided. Against that base, the ~3,200 electric motorcycles registered by end-2025 show the transition is at a very early stage — which is exactly why the 720,000-unit 2030 target is so ambitious.
**Traditional bicycle exports: collapse, then a partial recovery.**
Bicycle exports fell from US$966M (2022) to US$416.7M (2023, −53.6%) and dropped a further ~20% in 2024. The market has since turned: bicycle + parts exports reached US$563M in Jan–Oct 2025, +52% year on year and already above the full-year 2023 total — but volume has not recovered as fast as value (EU-27 bicycle imports from Cambodia fell 28.4% to 234,313 units in Jan–Sep 2025 even as value rose).
**Policy: parts tariff cuts help two-wheeler importers.**
Under Sub-Decree No. 52 (26 March 2026, effective 1 April 2026), Cambodia cut import duty to 0% on EV motors, lithium batteries and EV charging equipment — the components electric two-wheelers also use. This lowers the landed cost of imported e-motorcycles, kits and spare batteries. Important: the decree's vehicle-duty cuts (family EVs, PHEVs, passenger/cargo EVs) apply to four-wheeled vehicles only; they do not cover motorcycles. Two-wheeler importers should confirm the exact HS-code rate (electric motorcycle HS 8711) with Cambodian customs before relying on the 0% rate.
**Charging: not the binding constraint for two-wheelers.**
Cambodia's public charging network is built mainly for cars; most e-motorcycles here charge from home sockets or swappable batteries, so public charger count is not what limits two-wheeler adoption. The government issued its first national EV charging framework in May 2025, but it targets the car segment.
**Local two-wheeler assembly is emerging.**
VOLTRA Co., Ltd is the first Cambodian-owned e-two-wheeler brand, assembling near Phnom Penh airport since 2018–2019; and in July 2025 South Korea's Very Words Inc. committed, under an Article 6 / ITMO agreement with the Ministry of Environment and the Global Green Growth Institute, to build e-motorcycle assembly plants and mobile battery-charging stations in Cambodia.
**What is driving 2026 adoption.**
The 2026 fuel-price shock (Cambodia gasoline ~+30%, diesel ~+87% year on year) drove roughly 3,700 EV registrations in March–May 2026 alone; combined with cheaper imported components, adoption is accelerating from a tiny base. ERIA estimates that electrifying 60% of vehicles by 2050 could save fuel-import spend worth up to 2.9% of GDP.
**For importers / B2B buyers.**
- Confirm the exact HS code and duty rate for your model (pedal-assist e-bike HS 8711 60 vs electric motorcycle HS 8711 vs conventional bicycle HS 8712) — the 0% component rates help, but the vehicle-duty cuts do not apply to motorcycles.
- Two-wheelers mostly charge via home sockets / swappable batteries — don't over-weight public charger coverage.
- Local assembly (VOLTRA, Very Words) and Chinese-brand imports both compete; weigh by segment fit.
As of February 2026 Cambodia had 8,322,868 registered vehicles, of which only 14,534 were electric (about 0.17% of the fleet). Motorbikes make up roughly 85% of all registered vehicles, so the two-wheeler segment is where electrification will actually be decided. Against that base, the ~3,200 electric motorcycles registered by end-2025 show the transition is at a very early stage — which is exactly why the 720,000-unit 2030 target is so ambitious.
**Traditional bicycle exports: collapse, then a partial recovery.**
Bicycle exports fell from US$966M (2022) to US$416.7M (2023, −53.6%) and dropped a further ~20% in 2024. The market has since turned: bicycle + parts exports reached US$563M in Jan–Oct 2025, +52% year on year and already above the full-year 2023 total — but volume has not recovered as fast as value (EU-27 bicycle imports from Cambodia fell 28.4% to 234,313 units in Jan–Sep 2025 even as value rose).
**Policy: parts tariff cuts help two-wheeler importers.**
Under Sub-Decree No. 52 (26 March 2026, effective 1 April 2026), Cambodia cut import duty to 0% on EV motors, lithium batteries and EV charging equipment — the components electric two-wheelers also use. This lowers the landed cost of imported e-motorcycles, kits and spare batteries. Important: the decree's vehicle-duty cuts (family EVs, PHEVs, passenger/cargo EVs) apply to four-wheeled vehicles only; they do not cover motorcycles. Two-wheeler importers should confirm the exact HS-code rate (electric motorcycle HS 8711) with Cambodian customs before relying on the 0% rate.
**Charging: not the binding constraint for two-wheelers.**
Cambodia's public charging network is built mainly for cars; most e-motorcycles here charge from home sockets or swappable batteries, so public charger count is not what limits two-wheeler adoption. The government issued its first national EV charging framework in May 2025, but it targets the car segment.
**Local two-wheeler assembly is emerging.**
VOLTRA Co., Ltd is the first Cambodian-owned e-two-wheeler brand, assembling near Phnom Penh airport since 2018–2019; and in July 2025 South Korea's Very Words Inc. committed, under an Article 6 / ITMO agreement with the Ministry of Environment and the Global Green Growth Institute, to build e-motorcycle assembly plants and mobile battery-charging stations in Cambodia.
**What is driving 2026 adoption.**
The 2026 fuel-price shock (Cambodia gasoline ~+30%, diesel ~+87% year on year) drove roughly 3,700 EV registrations in March–May 2026 alone; combined with cheaper imported components, adoption is accelerating from a tiny base. ERIA estimates that electrifying 60% of vehicles by 2050 could save fuel-import spend worth up to 2.9% of GDP.
**For importers / B2B buyers.**
- Confirm the exact HS code and duty rate for your model (pedal-assist e-bike HS 8711 60 vs electric motorcycle HS 8711 vs conventional bicycle HS 8712) — the 0% component rates help, but the vehicle-duty cuts do not apply to motorcycles.
- Two-wheelers mostly charge via home sockets / swappable batteries — don't over-weight public charger coverage.
- Local assembly (VOLTRA, Very Words) and Chinese-brand imports both compete; weigh by segment fit.
In recent years, with the growing global awareness of environmental protection and the trend towards electrification of transportation, electric vehicles, especially electric two-wheelers, have gained increasing popularity among consumers worldwide.
In this wave, Cambodia, as an important country in Southeast Asia, is facing the dilemma of declining traditional bicycle exports while welcoming the robust development of the electric two-wheeler market. This article will conduct an in-depth analysis of the current status, opportunities, and future prospects of Cambodia’s electric two-wheeler market.
The current market situation
The dilemma of the traditional bicycle market
Cambodia was once one of the EU’s main bicycle exporting countries, but in recent years, it has encountered a severe decline in exports. According to official data, Cambodia’s total bicycle exports in 2023 fell by more than 50% compared to the previous year, and this trend has continued into 2024.
The reasons for this situation are multifaceted, including a slowdown in global economic growth leading to decreased consumer purchasing power, as well as intensified competition from other countries. In particular, the cancellation of the EU’s Generalized Scheme of Preferences (GSP+) has caused Cambodian bicycle manufacturers to lose some tariff benefits, thereby increasing cost pressures.
The rise of the electric two-wheeler market
In stark contrast to the sluggish traditional bicycle market, electric bicycle exports have shown strong growth momentum. According to statistics, from January to August 2024, the export quantity of electric bicycles from Cambodia skyrocketed to 13,838 units, representing nearly a 13-fold increase compared to the total import volume for 2023. This change not only reflects the shift in market demand but also demonstrates Cambodia’s potential in the electric two-wheeler industry.
Behind this transformation is Cambodia’s flexible adjustment to emerging markets. The government and enterprises are actively exploring the electric two-wheeler market, positioning Cambodia to capture the market opportunities in this field. In 2024, the export value of electric two-wheelers surged to 12.4 million euros, achieving a qualitative leap from the 1.8 million euros in exports in 2023.
Policy support for the electric two-wheeler market
Government policy leadership
The Cambodian government is well aware of the importance of electric vehicles in the future transportation system. In 2024, the government officially issued the “Electric Vehicle Development Policy (2024-2030),” clearly identifying the development of the electric vehicle industry as a key component of economic transformation. This policy not only outlines the industrial development path for electric vehicles but also lays the foundation for achieving the goal of carbon neutrality by 2050.
According to this policy, by 2030, Cambodia plans to increase the total number of electric vehicles to 30,000 units, including 25,000 household electric vehicles and 5,000 commercial electric vehicles. Additionally, the number of electric motorcycles and electric tuk-tuks is also expected to rise to 720,000 and 20,000, respectively. The realization of this goal requires the joint efforts of the government, enterprises, and all sectors of society.
Infrastructure development
In order to address the charging issues for electric two-wheelers in use, the Cambodian government is vigorously promoting the construction of a charging station network. Currently, there are 21 charging stations and 27 fast charging piles across the country. The Minister mentioned at a meeting that the construction of charging stations is key to the popularization of electric vehicles.
In the future, the government will continue to support the development of charging infrastructure to ensure the energy needs of electric vehicles. Moreover, the government will also ensure the stability of power supply to meet the growing demand for electric transport.
Market demand analysis for electric two-wheelers
Changes in consumer attitudes
With the changing global consumption trends, an increasing number of consumers are beginning to emphasize environmental protection and cost-effectiveness. In Cambodia, electric motorcycles are gradually favored by young consumers due to their convenience and fuel efficiency. Furthermore, the operating costs of electric two-wheelers are relatively low, effectively reducing daily commuting expenses compared to traditional fuel-powered motorcycles.
Survey data indicates that the younger population in Cambodia has a high acceptance rate of electric vehicles, with 57% of respondents expressing a willingness to consider purchasing an electric vehicle. This trend is not limited to urban areas but is also beginning to spread to rural regions, particularly against the backdrop of rising commuting demands, making electric two-wheelers an ideal choice (know the top electric two-wheeler manufacturers in Vietnam).
Market acceptance
As electric two-wheelers become more prevalent in the Cambodian market, multiple foreign and local brands are beginning to enter the electric vehicle sector, such as the well-known brand BYD, which has successfully initiated sales in the Cambodian market.
Since the implementation of the electric vehicle policy in 2024, the market layout of enterprises has been continuously improved, providing consumers with diversified options. At the same time, the government has further enhanced consumer acceptance of electric vehicles through policies such as reducing import duties and encouraging loans.
Future outlook
In the future, as consumers’ environmental awareness continues to strengthen and technology advances, Cambodia’s electric vehicle market is expected to show sustained growth. The Cambodian government’s supportive policies for electric transport will also deepen, and the standardization and maturation of the market will drive further increases in electric two-wheeler sales.
Moreover, Cambodia’s electric two-wheeler market is also expected to experience new breakthroughs in technological innovations. For instance, some innovative charging solutions and battery technologies will help enhance the range of electric two-wheelers while reducing operating costs. This will promote consumers’ recognition and adoption of electric two-wheelers.
Final thought
Overall, Cambodia’s electric two-wheeler market is undergoing a rapid rise. Although it faces significant market competition and uncertainty, with the support of policies, the changing market demand, and technological innovations, the prospects for Cambodia in the electric two-wheeler market remain promising. With the continuous development and improvement of the industry, Cambodia is expected to make further progress in the field of electric transport.
Who we are
BENLG is a manufacturer specializing in electric motorcycles and electric mobility, committed to providing environmentally friendly and energy-saving travel solutions. Products include a variety of high-performance, comfortable and safe electric bicycles, electric bicycles, electric motorcycles, and electric tricycle.
BENLG’s electric motorcycles focus on performance, comfort and safety, with fast charging, long battery life and smart technology, suitable for urban commuting and short trips.
Why choose us? Environmental pioneer; excellent battery life; smart technology; ultimate comfort and stylish design… these are our characteristics. Choosing BENLG not only means choosing a high-quality electric motorcycle, but also supporting and advocating for future travel methods. Visit our official website now to learn more about BENLG electric motorcycles and start your green riding journey!
Berek
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