(PLO)- In addition to tax and fee policies, Vietnamese electric cars need support in terms of charging station infrastructure, investment in technology to be able to develop.
Vietnamese car brand VinFast has just exported the first 999 smart electric cars to the US market. The event marks a special step forward for the Vietnamese auto industry.
Many opportunities at home and abroad
The first batch of VinFast VF 8 cars exported was 999 units for the US market and was transported by Panama’s own charter ship Silver Queen. It is expected to be handed over to the first customers by the end of December 2022.
This is the first batch of cars exported to the international market among the 65,000 VinFast VF 8 and VF 9 electric cars ordered globally. Immediately after the US, VinFast will export the next batch of VF 8 cars to the Canadian and European markets to promptly hand over to customers in 2023. Regarding the VF 9 model, VinFast has planned to hand over to the Vietnamese market. and internationally in the first quarter of 2023.
Nguyen Viet Quang, Vice President and General Director of Vingroup, said that besides individual customers, VinFast also receives special attention from corporate customers. The company received an order of 2,500 cars from the largest car rental company in the US, Autonomy, right at the Los Angeles Auto Show 2022, which took place in November in the US.
|The first 999 smart electric cars make their way to the US. Photo: Q.HUY|
Assoc. Prof. Dr. Dinh Trong Thinh assessed that the export of the first batch of electric cars of VinFast has created a great milestone for the Vietnamese automobile industry, opening up many great opportunities in the export market. The electric car trend has become increasingly clear in recent years. In particular, Vietnam is the first country in the region with successful domestic enterprises producing electric cars, having the opportunity to take the lead in this field.
Producing electric cars requires important technological elements. The first is the battery, the second is the electric motor, and the third is the inverter technology (charger) and control engineering. Vietnam must soon take the initiative in these basic but extremely important technologies. In the immediate future, manufacturers need to enter into joint ventures with partners around the world in battery and charging technology, how to optimize production costs, and proactively produce to reduce costs. Electric cars are a product of modern technology, technology changes every day, so manufacturers must also update the application continuously.
Automotive expert NGUYEN MINH DONG
Supportive policies for electric vehicles are helping Vietnam become attractive to domestic and foreign electric car manufacturers. Hyundai Group also plans to assemble an all-electric model in Vietnam from the middle of next year. Another giant is Geleximco Group, which has invested up to $ 800 million to build a factory to produce electric vehicles and fuel cell vehicles in Tien Hai Industrial Park, Thai Binh. In addition, the factory also manufactures components and spare parts for automobile manufacturing and assembly factories and export-oriented partners.
Tran Tan Trung, general director of importer Audi Vietnam, said that Audi has also launched electric models in Vietnam. Electric cars are a booming trend in the next 3-5 years, the company has planned to cover electric charging stations with dozens of points in the near future.
Battery and charging station challenge
Mr. Vo Quoc Binh, General Director of Binh Minh Investment Group, said that the potential, demand for electric vehicles and development orientation of electric vehicles in Vietnam is real. Currently, the market is very large because this product saves fuel and clean energy.
“That’s the plus side, but whether it’s convenient or not is another matter. Here we talk about how the charging station, battery life or options to create convenience for users, need time to test and develop “- Mr. Binh said.
Mr. Binh noted that electric vehicles are environmentally friendly, but the amount of waste and emissions from electric batteries is no less than that from gasoline, so it needs to be carefully calculated.
|VF 8 electric car at the domestic electric vehicle exhibition. Photo: Q.HUY|
CEO Binh Minh compared the average gasoline car will travel 500-600 km and refueling takes only 2 minutes. Meanwhile, electric cars go 200-300 km fast charging also takes 1 hour. At that time, the charging stations will probably be a rest area for the driver. At the same time, there must also be a solution for the case of the vehicle running out of power in the middle of the road. Vietnamese electric cars have a good consumer market, but whether the product exists or not has requirements on quality, convenience and after-sales services.
Dr. Mai Duy Thien, Chairman of the Vietnam Clean Energy Association (VCEA), also said that to encourage people to take electric vehicles, it is necessary to build a widespread charging station infrastructure. Not only covering major cities such as Hanoi and Ho Chi Minh City, but also national highways, major provincial roads, and highways all need to reasonably distribute charging stations. From there, gradually expand the charging station to rural areas.
“When driving an electric car to travel, go inter-provincial and do not have to worry about charging, the electric car market will automatically become vibrant. At the same time, car manufacturers have to optimize production costs so that electric vehicles are reasonably priced,” said Dr.
There are about 3,000 electric cars nationwide
According to data from the Vietnam Register, by August 2022, the whole country had nearly 3,000 electric cars manufactured, assembled, and imported, more than 20 times higher than the number of electric cars in 2019. Up to now, the whole country has nearly 1.8 million electric motorbikes and scooters in operation, serving people’s daily needs.
TS BUI THANH LUANDirector of Hiep Phat Mechatronics Co., Ltd.:
Need to prepare a long way for electric cars
Electric vehicles in the world are being prioritized by many countries for development, but it takes a few decades, sometimes more than 50 years, to cover 100% of the market. The market will be the sum of many mixed car models such as gasoline cars, hybrid electric cars – gasoline (hybrid), electric vehicles or vehicles using other fuels such as solar energy …
TS BUI THANH LUAN
The pace of electric vehicle development in each country depends on the amount of fuel available, the cost of the vehicle, the infrastructure and even the raw materials needed to make the batteries. Producing electric vehicle batteries is extremely expensive and prices will continue to rise.
Vietnam needs to develop gradually, with policies to prioritize the development of public transport using electric energy such as buses, taxis, technology vehicle services, etc. In addition, tax policies are also needed. , good fees for hybrid cars, fuel-efficient cars… encouraging people to choose green cars. This is also a stepping stone for the electric vehicle market to develop.
Assoc DHONG THINH THINHeconomic expert:
Incentive mechanism for export-oriented electric cars
It is necessary to promote the development of the electric vehicle industry in Vietnam in the direction of export, increasing competitiveness in the world market. The excise tax rate for electric vehicles should be reduced to a minimum.
At the same time, the Government needs to develop outstanding preferential and supportive policies to attract foreign direct investment (FDI) projects in the field of manufacturing and assembling electric cars, focusing on electric cars. Vehicles not yet manufactured in countries in the region, aimed at the export market.
Assoc. Prof. Dr. DINH TRONG THINH
In particular, priority is given to attracting projects from multinational corporations to invest, locate and establish research and development (R&D) centers and innovation centers in the field of automobile manufacturing. electric motor and components.
In addition, the policy should support directly from the state budget to reduce investment costs – especially research and development costs; trading, technology transfer – for large-scale projects of manufacturing and assembling electric cars. To develop supporting industries to supply components and spare parts for the production and assembly of electric vehicles. Training human resources for research, development and production of electric vehicles.
QUANG HUY – THY NHUNG