Summary:**VinFast to expand electric scooter business to 5 foreign markets - VnExpress International****Intr**VinFast to expand electric scooter business to 5 foreign markets - VnExpress International**
**Introduction**
Vietnam’s leading automotive conglomerate VinFast announced on Monday that it will roll out its electric scooter lineup in five overseas markets by the end of 2025. The move marks the company’s first major push beyond its domestic scooter sales, aiming to leverage growing demand for affordable, zero‑emission two‑wheelers in Southeast Asia, Europe, and Latin America. Industry observers say the expansion could reshape VinFast’s revenue mix and strengthen its position in the global EV ecosystem.
**Key Developments**
The rollout will begin in Thailand and Indonesia, where VinFast plans to set up localized assembly lines to meet regional safety and emissions standards. Subsequent launches are slated for Spain, Portugal, and Colombia, each chosen for their supportive government incentives for electric mobility and emerging urban commuter cultures. VinFast will introduce two models: the compact Klara S, targeting city dwellers, and the longer‑range Klara X, designed for suburban commuters. Pricing will be positioned 10‑15 % below comparable offerings from European rivals, a strategy the company says will accelerate adoption in price‑sensitive markets. To support after‑sales service, VinFast will partner with local distributors and open dedicated service hubs in each country’s capital.
**Industry Analysis**
The global electric scooter market is projected to surpass $45 billion by 2030, driven by urban congestion, rising fuel costs, and stricter emission regulations. Analysts note that Vietnamese manufacturers have a cost advantage due to lower labor expenses and a mature supply chain for batteries and motors. VinFast’s entry into Europe, where average scooter prices are higher, could pressure incumbents to either innovate faster or adjust pricing strategies. Meanwhile, Southeast Asia’s rapid urbanization presents a fertile ground for low‑cost EVs; VinFast’s localized production may help it avoid import tariffs that have hindered foreign competitors. However, challenges remain, including varying safety certifications, the need for robust charging infrastructure, and competition from established players such as Segway‑Ninebot and NIU.
**Future Outlook**
VinFast’s CFO emphasized that the scooter expansion is a stepping stone toward a broader EV portfolio that includes electric cars and buses. Revenue from the scooter division is expected to contribute roughly 8 % of total sales by 2026, with profitability anticipated within