Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Indonesia’s Industry Ministry said it has so far distributed subsidies for the purchase of 30,083 electric motorcycles, accounting for 60.1% of the target of 50,000 for the 2024 budget year.
Indonesia is seeking ways to become an electric vehicle (EV) production hub in the region, aiming to reach an output of 600,000 electric cars and 2.5 million electric motorcycles by 2030.
VinFast Trading and Production LLC on January 17 reported it had received over 17,000 orders for VinFast cars, and 50,000 others for electric motorcycles in 2019.
The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.