The global transport vehicle market is witnessing a significant surge in electric vehicles. According to the International Energy Agency, over 26 million electric vehicles, including plug-in hybrids, were sold worldwide by 2022, a 60% increase compared to 2021. This number is projected to reach 14 million vehicles in 2023. So, what is the overall statistic for transport vehicles nationwide in Vietnam, and globally? This article will analyze in detail the statistical data on electric vehicles and the trend of transitioning to this type of transportation.
Graph illustrating the global trend of electric vehicle adoption.
Global and Regional Overview of the Electric Vehicle Market
The demand for electric vehicles is rapidly increasing globally, especially in Southeast Asia. Battery electric vehicle (BEV) sales in Q2 2023 in this region surged by 894%, mainly driven by demand from Thailand, Vietnam, Indonesia, and Malaysia. In 2022, electric vehicles accounted for approximately 2% of total car sales in Southeast Asia, with Thailand leading (58%), followed by Indonesia (19.5%) and Vietnam (15.8%).
This trend reflects the widespread development and commercialization of zero-emission vehicle technology worldwide, based on electric and hydrogen power. Many developed countries have set targets that by 2030-2040, all new cars, motorbikes, and motorcycles sold will be zero-emission vehicles.
Challenges in the Transition to Electric Vehicles
Despite being an inevitable trend, the transition to electric vehicles still faces numerous challenges. National transport vehicle statistics indicate that the charging station infrastructure is still limited, battery charging technology is not yet fully optimized, and the production cost of electric vehicles remains high (approximately 40% higher than internal combustion engine vehicles, mainly due to battery costs).
Policies Supporting Electric Vehicle Development
Recognizing the importance of electric vehicles, many countries have implemented supportive policies such as subsidies, tax reductions, and incentives for consumption and infrastructure investment. As a result, by 2022, over 26 million electric vehicles were operating globally, a fivefold increase compared to 2018. Many countries have set targets for zero-emission vehicle sales to reach 30% by 2030 and 100% by 2040.
Image depicting Vietnam's opportunity in the electric vehicle industry.
Opportunities for Vietnam
National transport vehicle statistics show that Vietnam is facing a significant opportunity to develop its automotive industry by transitioning to the production of electric vehicles and clean fuels. A reasonable roadmap and effective support policies are needed, including reductions in registration fees and subsidized interest rates for car purchases. This will encourage domestic automobile and component manufacturers to develop.
Conclusion
The trend of transitioning to electric vehicles is inevitable globally. Vietnam needs to seize this opportunity to develop its automotive industry, contributing to emission reduction and environmental improvement. National transport vehicle statistics in the coming time will continue to change, more clearly reflecting this trend. Developing infrastructure, technology, and supportive policies are key for Vietnam to succeed in this transition.
