Total cost of ownership comparison for electric two-wheelers in Vietnam
Report
Fuel consumption baseline analysis for two-wheelers in Vietnam, 2017–2023
Two-wheelers, including motorcycles and mopeds, are major modes of transport in Vietnam. In 2023, over 74 million two-wheelers were registered in the country, accounting for more than 90% of the motorized vehicle fleet. Vietnam’s two-wheeler market in term of new sales is ranked second in the ASEAN region, after Indonesia. The country’s reliance on fossil fuel-powered vehicles has severely degraded air quality, leading to an increase in respiratory illnesses and other health problems.
In Vietnam’s updated Nationally Determined Contribution (NDC) commitments under the Paris Agreement, the country committed to regulating fuel consumption for newly manufactured, assembled, and imported motor vehicles to reduce greenhouse gas emissions from the transport sector. Given the dominance of motorcycles and mopeds, such measures are crucial to helping Vietnam meet its climate goals and improve air quality.
This study collects and analyzes the characteristics and baseline fuel consumption of two-wheelers sold in Vietnam from 2017 to 2021. The results of this study will serve as a foundation for further development of mandatory fuel consumption standards for two-wheelers to reduce the overall CO2 emissions in Vietnam’s transport sector.