Electric-motorbike prices plummet, some models cut by up to VND17 million
Vietnamnet

Domestic gasoline prices have significantly increased transportation costs for many consumers. Against this backdrop, the electric motorbike market is witnessing a wave of discounts and incentives from major brands such as Yamaha, Honda, VinFast, and Yadea.
A survey by VietNamNet in Hanoi found that the electric motorbike model Yamaha NEO is currently being offered at some dealerships with direct discounts of up to VND17 million compared with the listed price. This is considered the deepest price cut in the electric motorbike market at this time.
Yamaha NEO features a modern design with compact dimensions suitable for navigating crowded urban streets. The bike uses lithium battery for a range of about 72 km per charge and can be fitted with an additional battery tray to double the range. Its electric motor produces 2 kW of power with torque of 138.3 Nm, allowing flexible acceleration in city traffic. In addition, a full LED lighting system and Y-Connect connectivity provide a technology experience similar to modern scooters.
The strengths of Yamaha NEO include smooth operation, youthful styling, and smart connectivity. However, its initial listed price is relatively high compared with the general level of popular electric vehicles, so the strong discount is seen as a move to stimulate demand.
In the same popular segment, Honda ICON e: model is also drawing attention as the manufacturer and dealers have reduced prices by up to VND10 million from the beginning of the month.
Accordingly, with a listed price of VND26 million, after applying promotions and gifts, the actual price at some dealers has now dropped to only about VND16 million (excluding the battery).
ICON e: is equipped with an electric motor with a maximum capacity of 1.81 kW and peak torque of 85 Nm, providing a maximum travel distance of 71 km per charge. The model features a youthful design, an LED lighting system, a full digital dashboard, and many utilities such as a storage compartment with an integrated USB charging port, CBS combined brakes, and sturdy cast rims.
The strength of ICON e: is the Honda brand and the accessible price after incentives, suitable for pupils, students, or people needing short-distance travel in urban areas. However, the vehicle still depends on its own battery system, so the initial cost may increase if the battery is included.
Among electric vehicles from China, Yadea models are also participating in the demand stimulation race. At some dealers, best-selling models such as Yadea Voltguard, Yadea Orla, or Yadea Velax are being discounted by about VND1-1.2 million in cash.
Before the price cut, these vehicle lines had listed prices from VND23 to nearly VND39 million, depending on the version. Specifically, Voltguard U50 is priced from VND35.99-36.99 million, Velax is about VND29.99 million, while the Oris (Soobin) line ranges from VND23.49-25.99 million. After deducting promotions, many models now cost from about VND22 million.
Notably, Yadea is preparing a battery swapping station model, allowing users to quickly swap batteries instead of waiting for a charge. If this system is expanded, it could become a major advantage in making electric vehicles more convenient.
Meanwhile, VinFast has launched an attractive incentive program for its new VinFast Viper model. This electric motorbike model was just opened for sale by the brand in early March, coming with two options: without a battery for VND39.9 million and with a battery for VND45.5 million. In the first 15 days of this month, the brand is offering a VND1 million discount for the first users to place a deposit.
In addition, VinFast is offering a 6 percent discount for the Viper and supporting 100 percent of the registration fee, equivalent to 2 percent of the vehicle value. In total, customers can save more than VND4,500,000 when pre-ordering the version with a battery. After incentives, the "rolling" price of the Viper could start from about VND37 million.
VinFast Viper model is positioned in VinFast's mid-range to high-end electric motorbike segment, targeting users who need an electric bike with high performance and a large travel range. The vehicle uses an electric motor with a maximum capacity of about 3,000W, reaching a top speed of 70 km/h and can travel up to about 156 km after each charge.
Hoang Hiep