The ranking table in the main article was published in November 2024 and is kept as-is for reference. The list below reflects the 2025-2026 reality. It ranks only manufacturers that actually build electric two-wheelers inside Southeast Asia, and ranks them strictly by 2025 electric two-wheeler OUTPUT (actual units produced or delivered). Local capacity is shown in a separate column for context but is NOT the ranking basis. Brands with only sales or export offices in the region are listed separately and are not ranked.
Ranked by 2025 electric two-wheeler output (actual units)
| Manufacturer | Headquarters | Local plant(s) in SEA | 2025 e-2W output | Local capacity (units/yr) | Lead market |
|---|
| VinFast | Vietnam | Hai Phong (owned); Vung Ang plant under construction | 406,453 e-scooters delivered in Vietnam (+473% YoY) | not separately disclosed | Vietnam |
| Polytron | Indonesia | Indonesia (Fox 200/350/500) | ~33,000 (SRUT-based estimate, ~60% of Indonesia) | n/d | Indonesia |
| Dat Bike | Vietnam | Ho Chi Minh City | ~30,000 | 100,000 target by 2026 | Vietnam |
| Honda | Japan | Vietnam (Phu Tho + 2 more plants) | low thousands (est.) - ICON e: ~600 cumulative by mid-2025, CUV e: rental-only; electric still under 1% of HVN volume | 2.75M total (mostly ICE) | Vietnam |
Note on capacity vs output: this ranking is by 2025 OUTPUT, not capacity. Yadea runs Southeast Asia's largest e-two-wheeler capacity base - Bac Ninh (300,000/yr) plus Bac Giang (2,000,000/yr from 2025) - and rolled out its 400,000th Vietnam unit in August 2025, a cumulative milestone since the plant opened rather than the 2025 single-year output. Because Yadea does not publish annual Vietnam output by year, it is shown for capacity context rather than in the output ranking; by installed capacity it would lead the region.
Local presence, but 2025 output not separately published (not ranked by output)
SWAP / SMOOT (Indonesia, Jakarta) - battery-swap network operator; 2,000+ swap stations, >70% Indonesia share; vehicle volumes not disclosed.
Pega (Vietnam) - flagship S ~120 km range, ~85% localisation; annual output not published.
Gesits (Indonesia, WIKA-manufactured) - declined after the subsidy pause; G1 still sold.
ALVA (Indonesia) - shifted to B2B fleets.
MAKA Motors (Indonesia) - Cavalry launched early 2025.
Viar (Indonesia) - Q1 / N1 commuter tier.
Selex Motors (Vietnam, Hanoi) - B2B + battery swap; GrabExpress / Lazada / ShopeeFood pilots.
Electrum (Indonesia, Gojek + TBS Energi JV) - B2B fleet operator.
Brands present in SEA but not locally produced (not ranked)
| Manufacturer | Headquarters | SEA presence | Note |
|---|
| Gogoro | Taiwan | Castrol Gogoro Mobility JV; 24 swap stations + fleet pilot in Ho Chi Minh City Q2 2026, Vietnam-specific model Q4 2026 | No SEA vehicle plant yet; energy network first |
| Yamaha | Japan | Indonesia / Vietnam plants, but e-moto not launched (Neo's B2B only with Grab) | "Watch and learn" on e-moto in Indonesia |
| Niu Technologies | China | Export only (~30,000 to SEA in 2025) | No local plant in region |
| BENLG | China | Sales / service offices in Jakarta, Bangkok, Manila | China-based OEM/ODM and CKD partner; not a SEA manufacturer, not ranked here |
2026 status by brand
VinFast led Vietnam's electric two-wheeler market in 2025 with 406,453 e-scooters delivered, up 473% year on year - the largest share by a wide margin. The Evo line alone exceeded 250,000 units. In early 2026 VinFast added battery-swapping models (Evo, Feliz II, Viper, plus the student Amio) and is expanding to the Philippines, Indonesia, India, Thailand and Malaysia. Its battery-swap network uses two different units: swap stations (physical locations) and swap cabinets (individual battery slots inside a station) - do not confuse them. VinFast targets roughly 45,000 swap cabinets in early 2026.
Yadea's Bac Ninh plant (50,000 sq m, 300,000 units/yr, 400+ workers) rolled out its 400,000th Vietnam unit in August 2025 - a cumulative milestone since the plant opened, not the 2025 single-year output. Its Bac Giang plant (US$100M, 2,000,000 units/yr) is the largest e-two-wheeler base in Southeast Asia. Localisation on some models reaches 60%, targeting 90%.
Honda entered Vietnam's electric two-wheeler market only in late 2024 (ICON e:, CUV e:). Its electric sales are still marginal - ICON e: had only about 600 units cumulative by mid-2025 and CUV e: is rental-only - so electric is well under 1% of Honda Vietnam's ~2.3M total two-wheeler volume. Honda's 2.75M/yr Vietnam capacity is overwhelmingly gasoline.
Gogoro, via the Castrol Gogoro Mobility JV, will open 24 swap stations and run a commercial-fleet pilot in Ho Chi Minh City in Q2 2026, then launch a Vietnam-specific model in Q4 2026; the compact GoStation Q is planned for Vietnam in 2027.
Indonesia's market corrected to 55,059 units in 2025 (-28.6%) after the 2024 peak of 77,078, as the purchase subsidy paused. Polytron led with roughly 33,000 units. Note on the ~60% share: this is Polytron's own estimate derived from SRUT (Surat Registrasi Uji Tipe) registration data published by Indonesia's Ministry of Transportation. The industry association Aismoli does not release per-brand sales, and SRUT records registrations rather than final retail sales, so the exact share cannot be independently verified and other brands' individual 2025 volumes are not published. Gesits, ALVA and MAKA remain active but smaller. MAKA's Cavalry launched in early 2025.
Dat Bike (Vietnam) closed a US$22M Series B in 2025, runs a Ho Chi Minh City plant (~30,000/yr, target 100,000 by 2026), mass-produces the Quantum S (up to 285 km range), and will enter Thailand in 2026.
Policy drivers
Vietnam: under Prime Minister Directive No. 20 (signed 12 July 2025), Hanoi banned fossil-fuel motorbikes and mopeds within Ring Road 1 starting 1 July 2026; the ban extends to Ring Roads 1 and 2 from 1 January 2028 and to Ring Road 3 from 2030. Ho Chi Minh City plans to replace 400,000 fuel motorbikes by 2028. BEVs get 100% registration-tax exemption.
Indonesia: the direct-purchase subsidy paused from January 2025 and its restart was delayed; local-content (TKDN) requirement is 40% in 2026 (proposed to rise to 80%); consumer incentive up to Rp 7 million (~US$450); import duty on e-motorcycles proposed to be removed in 2026.
Thailand: BEV 3.5 gives excise and import-duty relief tied to local assembly commitments for 2026-2027; target 30% zero-emission vehicle production by 2030.
Philippines: the EVIDA law exempts imported complete vehicles, parts and equipment from duties; target 30% EVs in new vehicles by 2030.