On March 28th, during a leadership program meeting with the innovative startup community in Ho Chi Minh City, Dr. Nguyen Huu Phuoc Nguyen, CEO of Selex Motor, proposed a bold plan to the city council. He suggested that the city support the conversion of 1 million gasoline motorbikes into electric vehicles over the next five years.
Dr. Nguyen’s startup has successfully mastered the technology of producing electric motorbikes with an impressive 80% localization rate within just five years of starting the business. His goal is to apply Vietnamese technology to green transformation in the transportation sector by not only converting motorbikes but also building 1,000 charging stations in the area.
The CEO pointed out that motorbike transport businesses and technology motorbike taxi drivers have high emission levels due to their frequent activity. He believes that these groups would be willing to convert to electric vehicles if there are supportive policies from the state. He also proposed a mechanism to facilitate loans for electric vehicle manufacturers, as they currently face difficulties accessing finance to expand their operations.
Director of Finance and Operations of Dat Bike, Mr. Pham Duc Nam Trung, supported Dr. Nguyen’s proposal and emphasized the importance of establishing charging station infrastructure to address the fear of driving distance per charge among users in the transportation industry. He also suggested that tax and fee policies should be adjusted to attract individuals and businesses to switch to electric vehicles.
Chairman of Ho Chi Minh City People’s Committee, Phan Van Mai, shared the city’s green growth orientation, stating that the city is developing strategies and policies on green growth until 2030. The city hopes to turn Ho Chi Minh City into a center for innovative startups based on science and technology in the ASEAN and Asia region. In addition, the Ho Chi Minh City Development Research Institute has proposed a policy to support people using electric vehicles in Can Gio district through financial incentives and reduced fees.
The city government welcomes suggestions from entrepreneurs on improving policies related to green growth and encourages the innovative startup community to contribute to building an innovative ecosystem in Ho Chi Minh City. The city is dedicated to researching and implementing initiatives that support
