Vietnam Ho Chi Minh Energy Storage Vehicle Equipment Manufacturer

How to improve the development of EV industry in Vietnam?

To enhance the development of EV industry in Vietnam, the Government has recently issued new decisions including: Decree 10/2022, effective from Mar 1,2022 regarding the exemption of registration fee for Battery Electric Vehicle for the first 3 years and 50% fee reduction for the next 2 years.

Where are EV charging stations located in Vietnam?

Besides Vinfast, Porsche has built fast charging stations in Hanoi and Ho Chi Minh City for its Taycan models while Mitsubishi or Audi are also setting up charging stations for its distribution of EVs. The 500kV power grid is the backbone of the Vietnamese electricity system with a length of more than 1500 km running from the north to the south.

Is T&T launching a joint-venture battery storage project in Vietnam?

Notably, T&T Group, a major renewable investor with a portfolio of over 2,800MW across wind, solar, and LNG-to-power projects in Vietnam, recently announced a plan to launch joint-venture battery storage products in 2026, aiming to build Vietnam into a manufacturing and technology hub for renewable energy equipment. 5

Is Vietnam a key player in the global battery supply chain?

Development of domestic battery manufacturing capacity is therefore critical. Vietnam has significant nickel and cobalt reserves, making the country well poised to become a key player in the global battery supply chain with government support and international cooperation.