Hanoi needs 21 trillion VND to fully convert to electric buses

A Vinbus electric bus (Photo: VinGroup)

Hanoi (VNA) - Hanoi will needabout 21 trillion VND (887.27 million USD at current exchange rate) in thecoming years to replace all petrol- and diesel-powered public buses withelectric alternatives, according to Vietnamnet e-newspaper.

The switch to electric buses will be part of goals and aroadmap for the implementation of an action programme on green energytransition, and carbon and methane emission reduction of the transportindustry, which the municipal People's Committee has assigned the Department ofTransport to build in coordination with relevant units.

Illustrative image (Photo: VinGroup)

The estimated cost is calculated by Hanoi Transport Corporation(Transerco), Hanoi's major bus lines operator, which is operating nearly 1,100buses on 83 normal and one BRT routes in the city.  

The number ofvehicles eligible to be replaced by electric buses by 2025 is 225, accountingfor 21.3% of the total, the company said.

Currently, there are nine electric bus lines in Hanoi operatedby Vinbus Ecology Transport Services LimitedLiability Company (VinBus), a member of Vietnam’s largest conglomerate Vingroup. The first electric buses were put into operation in Hanoi inDecember 2021.

Under the Government action programme on greenenergy transition, and carbon and methane emission reduction, Vietnam aims tohave 100% of new buses use electricity or green energy from 2025.

It also targets that from 2030, at least half ofall vehicles and all new taxis will be powered by electricity or green energy.By 2050, 100% of buses and taxis will use these types of energy./.

VNA