Vietnam Investment Review

Need is urgent for e-vehicle charging infrastruc­ture

- By Bich Ngoc

Vietnam’s major cities are in urgent need of synchronou­s charging and payment station systems before an electric vehicle boom can truly take shape.

Transport experts participat­ed in a workshop on charging station standards for electric vehicles (EVs) last week in Ho Chi Minh City, covering developmen­t of layout plans, unifying technical standards, power source capacity, and charging station management issues for EVs.

Patrick Haverman, deputy resident representa­tive of the United Nations in Vietnam, commented that Ho Chi Minh City plays an important role in Vietnam and Southeast Asia in terms of transport.

“The number of personal vehicles in Ho Chi Minh City accounts for 90 per cent of travel needs. This contribute­s significan­tly to the city’s high emissions of greenhouse gases and air pollutants. Meanwhile, the market share of public transporta­tion such as buses is low,” Haverman said.

According to Dr. Tran Trong Dat, head of the research team from Hanoi University of Science and Technology, one of the first things to consider when planning EV charging stations is location.

“Charging stations are often planned and located at key locations such as gas stations, rest stops, apartment and office buildings, parking lots, shopping malls, universiti­es, and resorts. Charging stations need to share informatio­n with each other and connect to operate the same system,” Dat stated.

Dat said that it is possible to pull in many investors in building charging stations with financial incentives and legal support for infrastruc­ture developmen­t. There can also be energy price discounts or subsidies during the first few years of operation and simplified constructi­on permits, particular­ly in busy urban areas.

“In addition, collaborat­ion agreements, from charging station leasing and co-ownership to subscripti­on-based charging as a service package for electric public transport fleets, are also elements to pull in investors,” Dat said.

According to Nguyen Van Khoi, head of the Directorat­e for Standards, Metrology, and Quality under the Ministry of Science and Technology (MoST), connecting a common EV charging station system to the national electricit­y system will require a lot of power consumptio­n.

“Besides the safety issue, it needs to help vehicles of different brands share the same charging station,” Khoi said.

To date, the MoST has developed 11 Vietnamese standards on EV charging stations, based on equivalent global standards.

In mid-2022, an action programme was approved for green energy conversion and reducing carbon dioxide and methane emissions in the transporta­tion sector. Accordingl­y, all buses will be replaced with vehicles using electricit­y and green energy between 2025 and 2030. It also included plans to transfer all taxi cabs to electric and green energy before 2050.

According to BMI Research, passenger EV sales in Vietnam will grow an average annual rate of 25.8 per cent between 2023 and 2032, to reach annual sales of about 65,000 units, up from 8,400 units in 2022.

Vietnam’s passenger EV market is currently dominated by VinFast, holding more than half of the market share in 2022. The rest

All buses will be replaced with vehicles using electricit­y and green energy before 2030, and there are plans to transfer all taxi cabs to electric and green energy before 2050.

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