Vietnam Now Second in Southeast Asia’s China-Led EV Market

Low-priced China's EVs are driving Southeast Asia’s surge. Vietnam is now second in Southeast Asia’s China-led EV market.
Low-priced China's EVs are driving Southeast Asia’s surge. Vietnam is now second in Southeast Asia’s China-led EV market. (Photo: Nhac NGUYEN / AFP)

China’s low-priced electric cars are powering Southeast Asia’s EV surge, and Vietnam has emerged as the region’s No. 2 market year-to-date on company-reported figures, closing on Thailand’s lead.

The comparison is based on Vietnam’s total, which reflects VinFast deliveries, while Thailand’s count is official registrations.

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