China-invested Vietnam Yadea Electric Motorcycle Company Limited has delivered to the Vietnamese market its 100,000th made-in-Vietnam electric two-wheeler and announced a $100 million investment in a new plant.
Vietnam is witnessing a fierce race among producers of electric bikes and e-scooters as the country gears up to go green and meet its 2050 carbon neutrality target.
Vietnam is becoming a popular destination for research and development (R&D) among multinationals as the country cements its status as a new global manufacturing hub.
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