This report presents a comprehensive overview of the Vietnamese battery electric vehicles (bevs) market, the effect of recent high-impact world events on it, and a forecast for the market development in the medium term. . In the span of just four years, Vietnam has gone from virtually zero electric cars on the road to one of the most dynamic and unexpected EV success stories globally — beating every other country in year-over-year growth. 05% to 28% market share in just 4 years represents a 55,900%. . Battery electric vehicle (BEV) sales in Vietnam in 2024 amounted to 69 000, which is 115. 63% more than in 2023, when it was 32 000 vehicles. It has been growing in this country for already 4 years in a row.
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