Vietnam plays an important role in the Southeast Asian two-wheeler market, particularly in the electric two-wheeler segment. The country is quickly emerging as a significant center for both production and consumption. With increasing environmental awareness and government support, more consumers are opting for electric motorcycles and electric bicycles as their daily means of transportation.

This not only drives the growth of local brands but also attracts international manufacturers. This article will introduce the top 10 electric two-wheeler manufacturers in Vietnam, exploring their technological innovations, market share, and how they are reshaping personal mobility.

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Best list of top 10 electric two-wheeler manufacturers in Vietnam

Number Model
1 Pega
2 Nuen Moto
3 VinFast
4 Honda
5 Yamaha
6 Suzuki
7 SYM
8 Yadea
9 Aima
10 Dibao

Pega

Pega logo
Established date 2012
Company location Hanoi
Company website https://pega.com.vn

Pega entered the Hanoi market in 2012 and has since become one of Vietnam’s leading electric vehicle brands with a strong distribution network. Compared to other electric vehicles on the market, Pega has introduced a range of self-designed electric scooter, bicycles, and motorcycles. Pega has also partnered with renowned manufacturers like Honda and Yamaha. They operate over 250 chain stores and more than 500 sales outlets across Vietnam.

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Key products include electric motorcycles like the esmart AI, Pega-s, Pega go-s, and Xmen plus, as well as electric bicycles like the CAPAs and Zinger +.

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In April 2024, Pega launched the Pega eSmart AI, the world’s first two-wheeled electric motorcycle equipped with a “smart brain.” This motorcycle features a smart touchscreen that connects to the internet and a multi-functional virtual assistant that interacts with the rider like a friend.

Nuen Moto

Nuen Moto logo
Established date /
Company location Vietnam
Company website https://nuenmoto.com

Nuen Moto is a Vietnamese electric motorcycle startup rooted in the design field. The founder, Gia Nguyen, initially established Nuen as a design studio and later expanded into fashion and custom motorcycles.

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The company’s first mass-produced electric bike is the N1-S series, a high-performance model designed as an urban scrambler, featuring sleek design, strong performance, and distinctive aesthetics. The motor is a 24kW mid-drive engine with a peak torque of 190Nm. The battery has a capacity of 8.0kWh, with a top speed limited to 130 km/h.

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The built-in charger allows it to travel 60 km with just one hour of charging from a 220V outlet, while Nuen charging stations offer fast DC charging for up to 200 km in one hour. The bike offers three riding modes—rain, street, and sport—to adapt to different riding conditions.

VinFast

VinFast logo
Established date 2017
Company location Hanoi
Company website https://vinfastauto.com

VinFast is a Vietnamese automobile manufacturer established in 2017 and part of Vietnam’s largest private corporation, VinGroup. VinFast is dedicated to producing high-quality cars and electric vehicles, making it Vietnam’s first true automotive brand.

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Their product line includes gasoline cars, electric cars, SUVs, and sedans. VinFast also has a presence in the electric two-wheeler segment, offering electric motorcycles and bicycles tailored to various consumer needs.

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Key electric bicycle models include the VF DRGN FLY, and electric motorcycle models like the VinFast Klara, VinFast Impes, and VinFast Theon.

Honda

Honda moto logo
Established date 1948
Company location Japan
Company website https://www.honda.com

Although Honda is not a local brand, it holds over 50% market share in Vietnam’s motorcycle market. Honda Motor Co., Ltd., founded in 1948, is a renowned Japanese manufacturer of motorcycles, cars, and engines.

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As the world’s largest motorcycle manufacturer, Honda leads in innovation and technology across various motorcycle segments, from small-displacement commuter bikes to high-performance racing and touring motorcycles, including electric models.

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Honda’s electric two-wheeler lineup includes electric motorcycles like the Honda PCX Electric, Honda icon e, and Honda CR Electric, as well as electric bicycles such as Honda Cub e, Dax e, and ZOOMER e.
In September 2024, Honda unveiled the 2025 facelift of its X-ADV, featuring cruise control and cyberpunk-style yellow accents.

Yamaha

Yamaha logo
Established date 1953
Company location Japan
Company website https://www.yamaha-motor.com

Apart from Suzuki, Japan’s Yamaha also holds a notable share in Vietnam’s motorcycle market. Yamaha has introduced a range of motorcycles and electric two-wheelers in Vietnam, especially excelling in the scooter segment with models like the Yamaha NVX, Yamaha Janus, and Yamaha Aerox.

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Yamaha was founded in 1953 and is recognized globally for its high-quality motorcycles, innovative technology, and performance-driven models. In the electric two-wheeler space, Yamaha’s lineup includes products like the Yamaha E-Vino, Yamaha EC-05, and Yamaha Feno.

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In September 2024, Yamaha released the 2025 YZF-R6 Race Base, a track-only edition with a 599cc liquid-cooled inline-four engine, traction control, and quick shifter.

Suzuki

Suzuki moto logo
Established date 1909
Company location Japan
Company website https://www.globalsuzuki.com

Suzuki, founded in 1909 and headquartered in Hamamatsu, Japan, is a globally renowned manufacturer of automobiles and motorcycles. Suzuki initially began with producing weaving looms but gradually transitioned into the motorcycle and automotive industries.

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Suzuki motorcycles are known for their reliability, performance, and cost-effectiveness, attracting a loyal user base worldwide. Although Suzuki’s market share in Vietnam is smaller than Honda and Yamaha, it continues to be competitive with new products and technologies.

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Popular models include the GSX-R series like the GSX-R1000R, GSX-R750, and adventure bikes like the V-Strom 1050XT, as well as luxury scooters such as the Burgman 400.

SYM

Sanyang moto logo
Established date 1954
Company location Taiwan, China
Company website https://tw.sym-global.com/

SYM is a manufacturer of motorcycles and related products based in Taiwan, China, founded in 1954. The brand has earned a reputation in the market for its high quality, reliability and good value for money. SYM not only has an extensive sales network in the local market of Taiwan, but is also expanding aggressively in the international market, especially in Southeast Asia such as Vietnam, Indonesia, etc. and South America.

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SYM initially started as a manufacturer of motorcycles and then gradually expanded into automobiles and electric vehicles. Over time, SYM has continued to innovate and launched a number of popular motorcycles, covering a wide range of product lines from light motorcycles to heavy-duty motorcycles. Such as SYNOUS 300i, scooter series SMAX 155, Joymax 300i; street bike Touno 150 and so on

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Yadea

Yadea logo
Established date 2001
Company location China
Company website https://www.yadea.com

In recent years, Yadea’s market share in the Southeast Asian electric two-wheeler market has grown, particularly in key markets like Thailand, Vietnam, and Indonesia. The brand has consistently achieved growth rates higher than the industry average.

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Founded in 2001 and headquartered in China, Yadea is one of the world’s leading electric vehicle manufacturers, committed to green transportation through innovation and sustainability. Yadea’s electric two-wheelers include motorcycles, bicycles, and scooters.

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Popular products include the Yadea Z1, Yadea G5, and Yadea MH series electric motorcycles, as well as the Yadea P series and N series electric bicycles.

Aima

Aima logo
Established date 2003
Company location China
Company website https://www.aimatech.com

As Southeast Asian countries transition toward electric mobility, the e-motorcycle market in Vietnam and Indonesia is growing rapidly. Aima, founded in 2003 in China, has successfully tapped into this growth by designing models tailored specifically for the Vietnamese market, such as the Aima A500, combining large wheels, long range, and affordability.

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Aima specializes in electric motorcycles and bicycles, offering products like the Aima Q, A, and F series of electric motorcycles, as well as electric tricycle like the Q70.

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Dibao

DIBAO logo
Established date 2001
Company location Vietnam
Company website https://dibao.com.vn

Dibao is a well-known Vietnamese electric vehicle brand established in 2001. After nearly two decades of growth, it has become one of the country’s leading importers and distributors of electric motorcycles and bicycles.

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Dibao is particularly popular among young consumers due to its stylish, convenient designs and affordable electric motorcycle price. Popular models include the Dibao Gogo SS, Dibao Jeek One, Dibao Pansy S, and Dibao Creer 50cc.

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Conclusion

With increasing environmental awareness and technological advancements, Vietnam’s electric two-wheeler market is witnessing unprecedented growth. The top ten electric motorcycle manufacturer listed above are not only driving innovation and industry development but also offering consumers greener mobility options.

We look forward to seeing these companies continue to lead the way, promoting sustainable transportation solutions and contributing to the creation of cleaner, more beautiful urban environments.

2026 Update — Vietnam's electric two-wheeler market (2025 full year)

Vietnam is now Southeast Asia's largest electric two-wheeler market

Vietnam's electric two-wheeler segment (e-motorcycles plus e-bikes) kept compounding after the 2024 article was written. By 2025 the country was Southeast Asia's largest electric two-wheeler market. Worldwide, China leads by a wide margin; India and Vietnam are the next two. In 2025 India's overall e-2W sales (~1.2M) slightly exceeded Vietnam's (~0.95M), but Vietnam leads the electric-motorcycle (L3) sub-segment on VinFast's volume. In early 2025 the L1 segment (under 50 cc, e-bikes and mopeds) surged about 113% and the L3 segment (over 50 cc e-motorcycles) rose about 49% year on year. Total two-wheeler sales reached about 1.32 million units in the first five months of 2025 alone, up about 20% versus the same period in 2024.

Vietnam's electric two-wheeler market is led by domestic brands

According to Kirin Capital, Vietnamese-owned electric motorbike makers hold about 70% of the local e-motorbike market. VinFast is the clear leader: it sold 406,453 electric motorbikes in Vietnam in 2025, up about 473% year on year, taking more than 43% share and ranking first. Pega (formerly HKbike, Vietnam's first local e-two-wheeler brand) is second at close to 16%.

Top electric two-wheeler manufacturers in Vietnam — 2025 retail share

RankManufacturer2025 e-2W share (Vietnam)Note
1VinFast~43% (406,453 units, +473% YoY)Vietnam's #1; battery-swap network rolling out
2Pega~16%Local pioneer (ex-HKbike); factory in Bac Ninh
3Dibao~12%China/Taiwan-origin brand sold in Vietnam
4Yadea~8.6%China-origin; Vietnam models Orla / Odora / Osta
5Anbico~8.3%Local budget commuter brand
6NIU~6.2%China-origin smart e-scooters
7Gogoro~3.1%Taiwan-origin battery-swap ecosystem
8Honda~1.4% (electric only)Japan; ICON e: / CUV e: / UC3
9Yamahanot separately disclosedJapan; NEO's only e-model in Vietnam
10Aima / Dat Bike / Selexemerging; each under ~3%Dat Bike & Selex are local startups


Note: the original 2024 list above ranked VinFast third, placed small-batch startup Nuen Moto second, and included Suzuki and SYM — neither of which sells an electric two-wheeler in Vietnam. The table above corrects the order using 2025 retail share. VinFast's 406,453 units is confirmed by Vingroup's 2025 results; the percentage shares are Kirin Capital / theinvestor.vn figures and are approximate.

The policy that changed everything: Hanoi's fossil-fuel ban (Directive 20)

In July 2025 Prime Minister Pham Minh Chinh issued Directive 20/CT-TTg on urgent environmental measures. It directs Hanoi to end fossil-fuel motorcycle and moped circulation within Ring Road 1 from 1 July 2026. The roadmap then expands: from 1 January 2028 the ban covers Ring Roads 1 and 2 plus restricted private cars, and from 2030 it reaches Ring Road 3. About 450,000 motorbikes serve roughly 600,000 residents inside Ring Road 1; Hanoi runs about 6.9 million motorbikes citywide. The shift is a direct demand driver for electric two-wheelers. On the supply side, Vietnam offers a 0% registration fee for EVs (through February 2027) and an 8% VAT rate; Hanoi is studying trade-in support of up to VND 20 million for low-income households to switch to e-models. Nationally, the government targets about 22% of two-wheelers to be electric by 2030.

Brand snapshots (2025-2026)

VinFast: 2025 line-up includes Motio, Zgoo, Flazz / Flazz Max, Amio / Amio S, the Evo family, Feliz family, Klara Neo / Klara S2, Vento, Vero X, Viper and Theon S; Impes is out of the catalogue. Battery-swap network: about 4,500 stations installed in Q1 2026, targeting 45,000 swap cabinets; single swap about VND 9,000. Warranty 6 years (vehicle) / 8 years (battery).
Pega: flagship PEGA-S, range about 120 km, top speed 65 km/h; 2025 sales up about 60% year on year, holding the #2 e-two-wheeler share.
Yadea (Vietnam): Orla, Odora / Odora S2, Osta, Vigor, XBull, Vekoo; 2026 flagship Osta about VND 33.9 million, LFP battery, range about 180 km, swap-capable, with TCS / HHC / HDC. 2025 Vietnam sales up about 37%.
Honda: Vietnam EVs are ICON e: (~1.5 kW, ~70 km), CUV e: (6 kW, ~73 km, on sale from May 2026), and UC3 (6.0 kW, LFP, ~120 km, added June 2026); free battery swap at HEAD dealers from April 2026. "Honda e" is a car, not a two-wheeler.
Yamaha: NEO's is the only e-model sold in Vietnam (2.3 kW, ~72 km single battery / ~144 km dual; recommended price cut to about VND 36.9 million in 2026).
Dat Bike: local startup; 2026 Era at VND 29.9-32.2 million, 5,000 W mid-drive, 82 km/h, 0-40 km/h in 3 s, Boost 15-min / 30 km, onboard charger 3.5 h.
Selex Motors: local swap pioneer for delivery / ride-hail; Camel 1 (1,500 W) and Camel 2 (2,000 W, 80 km/h), ~150 km with three trays, swap about VND 14,000.

About BENLG

BENLG is a China-based OEM/ODM manufacturer and exporter of electric motorcycles, scooters, two-wheelers and conversion kits.
Picture of Vesper Caldwell
Vesper Caldwell

Hi, I'm Vesper, a senior editor specializing in electric motorcycles, tricycles and scooters. I have a master's degree in transportation engineering and years of experience in the new energy transportation industry. I am passionate about exploring the latest trends in electric mobility and am committed to providing readers with the most up-to-date and professional information. I look forward to talking with you about the infinite possibilities of future mobility!

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