New energy vehicles can drive Vietnam closer to net-zero

New energy vehicles can drive Vietnam closer to net-zero

At present, there are around six million registered vehicles in Vietnam, with about 94 per cent running on fossil fuel. While many people are concerned about Vietnam’s reliance on coal-fired plants for electricity, despite the country’s commitment to achieving net-zero by 2050, a strong push from new energy vehicles development could potentially trigger a chain reaction across the entire energy supply chain.