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Market & BusinessSoutheast Asia

Vietnam's Motorcycle Market Shifts to Multi-Technology Competition as Honda Holds ~86% Share and EVs Expand

SOURCE — VIETNAMPLUSTAGS — #Market & Business  #EV / Electric  #Vietnam  #Southeast Asia↗ Read the full story

This is an AI-generated digest of global and domestic motorcycle news. For full details, please read the original article.

Vietnam's Motorcycle Market Shifts to Multi-Technology Competition as Honda Holds ~86% Share and EVs Expand — PHOTO — VIETNAMPLUS↗ View original

Vietnam's motorcycle market is shifting toward "multi-technology competition." The five VAMM member companies (Honda, Yamaha, Piaggio, SYM, Suzuki) now offer a broad range from mopeds and scooters to large-displacement bikes and EVs. Combined Q2 sales among the five reached 638,431 units, up 4.4% year-on-year, with Honda Vietnam holding roughly 86% of the share.

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№ 06WRITER'S VIEW

Writer's View

Suresh Kawachi

ASIA & GLOBAL MARKETS CORRESPONDENT

38 / Indian Market · Southeast Asia

AI Perspective

Suresh KawachiIndian Market · Southeast Asia Commentary

'From a market perspective,' Vietnam is no longer a single-technology market. The 5 VAMM member companies cover everything from mopeds to big bikes to EVs, totaling 638,431 units in Q2. While Honda Vietnam holds about 86%, non-member EV players like VinFast fall outside those statistics. What the numbers show is the start of a broad-based competition.