Honda has dominated motorcycles for decades. Electric bikes are changing that — SkimNews
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- Vietnam recorded more than 3 million motorcycle and scooter sales in the first nine months of 2026, up 25.9% from the same period a year earlier.
- Vietnam’s electric segment sold 973,247 electric motorcycles and scooters during that period, up 90.5% year over year and now representing about 32% of all new motorcycle and scooter sales.
- Honda remained Vietnam’s largest motorcycle manufacturer as its sales grew 8.4% in the first nine months of 2026, though its overall market share shrank.
- VinFast surged into second place in Vietnam with sales up 152.1%, with Yamaha ranked third and Yadea fourth.
- Yadea ranked fourth among Vietnam’s motorcycle makers, making it one of two electric-focused companies in the top four whose sales were experiencing meteoric growth.
- Vietnam’s government plans to restrict gasoline-powered motorcycles in parts of Hanoi as part of efforts to reduce urban air pollution and create a more favorable environment for electric alternatives.
- VinFast is expanding its range of electric scooters and motorcycles, giving riders more practical alternatives to gasoline-powered models.
Why it matters: Honda is not being displaced outright: its Vietnam sales grew 8.4% in the first nine months of 2026, it remained the largest manufacturer, and its overall market share shrank. The material change is relative—VinFast’s 152.1% surge took second place as electric two-wheelers reached about 32% of new sales.
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