Electric vehiclesCarmakers double down on hybrids as Vietnam sales slump
EVs jump but Toyota says it will be first to aggregate 1 million sales by 2025
Suzuki said it will wait and see about "infrastructure and customer demand" for EVs in Vietnam and continue to focus on hybrid and combustion-engined cars. (Photo by Lien Hoang)
LIEN HOANG, Nikkei staff writer
October 23, 2024 20:14 JST
HO CHI MINH CITY -- The Vietnam Motor Show started its five-day run in Ho Chi Minh City on Wednesday with the theme "Technology for a Green Future." Automakers unveiled a lineup of hybrids in a motorbike-based country where an economic slump has hit sales despite a record spike in electric vehicle deliveries.