VinFast to launch first battery-swapping electric motorbike in October

The company plans to install 1,000 stations in October, expand to 50,000 by the end of the year, and complete the full network within the next three years.

VinFast electric motorbikes and battery swapping stations (Photo: VNA)
VinFast electric motorbikes and battery swapping stations (Photo: VNA)

Hanoi (VNA) – Automaker VinFast, a subsidiary of conglomerate Vingroup, announced it will debut its first battery-swapping electric motorbike model, Evo Max, in this October at an expected price of 20 million VND (759 USD).

The launch marks the beginning of VinFast’s battery-swapping product line, which will also include Feliz Max (24.9 million VND), Verox Max (33.9 million VND), and Drift Max (39.9 million VND), all scheduled to be rolled out later this year to meet the diverse needs of customers.

As part of its nationwide green transition policy, VinFast reaffirmed its commitment to supporting Vietnamese consumers in shifting from petrol-powered vehicles to electric ones by developing a vast network of 150,000 battery-swapping stations across the country. The company plans to install 1,000 stations in October, expand to 50,000 by the end of the year, and complete the full network within the next three years.

electric-motorbikes.jpg
VinFast electric motorbike products (Photo: VNA)

The new battery-swapping models are designed with dual storage compartments, allowing easy installation and replacement of batteries at public stations. Each battery has a capacity of 1.5 kWh, enabling a maximum range of 85 km under standard conditions. Customers may rent one or two batteries at a monthly fee of 200,000 VND per battery, with each swap costing 9,000 VND, inclusive of charging costs. VinFast said this represents a more economical solution compared to petrol expenses for the same distance.

Alongside the swapping models, VinFast will continue offering battery-included versions for customers who prefer full ownership and home charging. Users may also choose rental versions with the flexibility to charge the batteries themselves, depending on their needs./.

VNA

See more

PM Pham Minh Chinh chairs the meeting (Photo: VNA)

Private sector thrives eight months after Resolution 68’s launch: PM

The private sector has shown marked progress eight months after the launch of Resolution 68, registering about 18,000 new enterprises monthly and pushing the nationwide total to nearly 1.1 million, Prime Minister Pham Minh Chinh told the third meeting of the National Steering Committee in Hanoi on December 20.

Phin Ho Tra – a national five-star OCOP product. (Illustrative photo: VNA)

Hanoi to host Vietnam OCOP Festival 2025

The festival is seen a practical activity celebrating the achievements made by the capital and the country in 2025, affirming OCOP’s role in rural economic development, contributing to realising Vietnam’s aspiration for strong economic growth in the context of deep integration.

The expanded Hoa Binh Hydropower Plant (Photo baochinhphu.vn)

EVN launches major power projects

Among the flagship projects inaugurated was the expanded Hoa Binh Hydropower Plant with a total installed capacity of 480MW per year and average annual output of about 488 million kWh.

An ultra-intensive shrimp farming model linked with environmental protection in Ca Mau province. (Photo: VNA)

Fisheries take the lead in the Mekong Delta’s green transition

Across the Mekong Delta, leading aquaculture producers, processors and exporters, along with suppliers of inputs, are transitioning to circular, high-tech and clean production models that cut greenhouse gas emissions and comply with international certification standards.

A perspective view of the Red River Landscape Boulevard project in Hanoi (Photo: VNA)

Works starts on Hanoi’s Red River Landscape Boulevard Axis project

The project is among the 234 key works and projects being launched, inaugurated or technically opened simultaneously across 34 cities and provinces nationwide to mark the 14th National Party Congress. Its launch contributes to implementing the country’s strategic development orientations while concretising Hanoi’s development goals in the new period.

The ground-breaking ceremony of the Yen Bai 1 biomass power plant in Lao Cai province on December 19. (Photo: VNA)

Work starts on 114-million-USD biomass power plant in Lao Cai

The project, developed by Erex Yen Bai Biomass Power Co. Ltd. is located in Dong Cuong commune, Lao Cai province. It is backed by Japan’s Erex Group and falls under the Joint Crediting Mechanism, a bilateral initiative between Vietnam and Japan to reduce greenhouse gas emissions.

At the inauguration ceremony (Photo: VNA)

Vietnam Railways Corporation unveils upgraded coaches, digital tools

These moves reflect the VNR's commitment to fulfilling six priority tasks set by the Prime Minister, including leading in innovation and digital transformation, applying sci-tech in line with the Politburo’s Resolution No. 57-NQ/TW, and spearheading advances in digital, green and circular economy.

Producing MDF panels for export at Hai Duong MDF Construction and Manufacturing Co., Ltd., in Ho Chi Minh City (Photo: VNA)

HCM City targets 15 billion USD in wood exports by 2035

The merger of HCM City with Binh Duong and Ba Ria – Vung Tau is expected to give the local wood industry a strong boost into a phase of high-quality growth driven by linkages, innovation, sustainability, and deeper integration into global value chains.

Delegates cut a ribbon to inaugurate the expanded Terminal T2 at Noi Bai International Airport in Hanoi on December 19, 2025. (Photo: VNA)

Expanded Terminal T2 at Noi Bai International Airport makes debut

The project expands the terminal’s floor area to over 200,000 sq.m, increases passenger capacity from 10 million to 15 million, even up to 18 million per year, and boosts operational capacity with boarding gates rising from 17 to 30 and jet bridges from 14 to 27, meeting strong growth in international travel demand.