Hybrid Cars Gain Traction in Vietnam with Rising Sales in Early 2024
According to a report by the Vietnam Automobile Manufacturers’ Association (VAMA), 695 hybrid vehicles were delivered to customers in July 2024, marking a 20% increase compared to the previous month.
The best-selling hybrid model was the Honda CR-V e:RS, with sales reaching 270 units, a significant surge of 125% from the 120 cars sold in June.
Other popular hybrid models, including the Toyota Corolla Altis HEV, Corolla Cross HEV, and Yaris Cross HEV, also witnessed notable sales growth in July.
On the other hand, the Toyota Innova Cross HEV and Camry HEV experienced a slight dip in sales due to ongoing supply constraints.
The Suzuki Ertiga hybrid also saw a sales decline as the model is being phased out. Nonetheless, it has been the best-selling hybrid car in the market for the past seven months, with sales reaching 1,200 units. This is followed by the Toyota Innova Cross with 985 cars sold and the Honda CR-V in third place with 805 units sold.
The Vietnamese automotive market is set to become even more vibrant with the introduction of several new hybrid models. Recently, the CEO of BYD Vietnam teased the upcoming launch of a hybrid pickup truck in the country.
Another Chinese automaker, Haval, is preparing to introduce the Jolion hybrid SUV in Vietnam to compete with the Toyota Corolla Cross hybrid and Yaris Cross hybrid.
At the Vietnam Motor Show (VMS) 2024, scheduled for October, Honda is expected to unveil and start taking orders for the Civic hybrid 2024.
Not to be outdone, Suzuki has announced the launch of the XL7 hybrid on August 20, replacing the Ertiga hybrid. The new model is anticipated to be a sales driver for the Japanese automaker.
TH (Tuoitrethudo)
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