The Rise of Hybrid Vehicles in Vietnam: A Solution for a Greener Future

As Vietnam moves toward its goal of net-zero emissions, hybrid vehicles are emerging as a critical bridge between traditional internal combustion engines and fully electric cars. At a recent seminar titled 'Hybrid Vehicle Trends in Vietnam,' experts and industry leaders discussed the growing potential of HEV (Hybrid Electric Vehicles) and PHEV (Plug-in Hybrid Electric Vehicles). Currently, there are approximately 12,000 hybrid cars in Vietnam, with Toyota leading the market with over 8,500 units—accounting for 70% of the segment. Popular models like the Toyota Corolla Cross HV, Camry HV, and the newly released Honda CR-V e:HEV RS are proving that Vietnamese consumers are ready for 'greener' technology. However, a significant challenge remains: while pure electric vehicles (BEVs) enjoy substantial tax incentives and registration fee waivers, hybrid cars are still taxed similarly to traditional gasoline vehicles. Experts argue that hybrids offer an immediate solution to carbon reduction without the need for an extensive charging infrastructure, which is still being developed across the country. The seminar highlighted that in markets like China and the US, hybrids are expected to hold a 50% market share by 2030-2035. For Vietnam, the next 2-3 years are predicted to be a 'boom' period for hybrids as more brands like Hyundai, Kia, and Haval introduce competitive models. This gallery explores the latest hybrid technology available in the market and the policy shifts needed to make these eco-friendly cars more accessible to the public.

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