Honda’s grip on Vietnam motorbike market looks shaky on EV switch
NegativeFinancial Markets

Honda is facing challenges in maintaining its dominance in Vietnam's motorbike market as the shift towards electric vehicles (EVs) gains momentum. With increasing competition from local and international brands embracing EV technology, Honda's traditional gasoline-powered bikes may struggle to keep up. This transition is significant as it reflects broader global trends towards sustainability and innovation in transportation, making it crucial for Honda to adapt quickly to retain its market share.
— Curated by the World Pulse Now AI Editorial System