Vietnam has the second-lowest cost of charging electric cars in Southeast Asia.

DNHN - Website for Australian energy price comparisons Comparing Market prices Vietnam is a country with relatively affordable prices for refuelling and charging electric vehicles.

Buying a car can be a difficult choice, as there are several factors to consider to determine which car is best for you, as well as the cost of maintaining a vehicle. Many individuals are unsure whether to purchase a traditional gasoline-powered automobile or an electric vehicle (EV).

Website for Australian energy price comparisons Compare the Market recently published the results of a survey of electric vehicle charging costs and petrol filling costs in 50 countries to provide individuals with a more comprehensive picture.

To facilitate comparisons, the company calculated the cost of fully charging the Hyundai Kona in every location surveyed, as this model is available in both gas-powered and electric-only configurations.

The standard Hyundai Kona Electric is equipped with a 39.2kWh battery and has an estimated range of 305 kilometres. Meanwhile, the internal combustion Elite model has a range of 806 kilometres with a 50-litre fuel tank (calculated based on the company-reported fuel consumption).

According to the results of the survey, the majority of Southeast Asian nations have relatively inexpensive electric vehicle charging costs. Malaysia ranks first with 0.97 AUD (0.64 USD)/100km, ranking second in the world behind Argentina. Malaysia also has the lowest fuel costs (4.19 AUD or 2.79 USD per 100 km).

Vietnam is ranked second in the region and fifth in the world. Compare the Market identifies Vietnam as a country with relatively affordable prices for refuelling and charging electric vehicles.

In addition, the rate of fuel savings between electric and petrol vehicles in Vietnam is quite high at 83.51 per cent. For the same 100km distance, electric cars incur fuel costs of approximately 24,000 VND (1.55 AUD) while petrol cars incur costs of approximately 145,000 VND (9.38 AUD).

According to statistics, our nation trails only four other nations. Argentinean electric charging costs are the lowest in the world at only 0.75 AUD (0.45 USD). Malaysia (0.624 USD), India (0.92 USD), and the United Arab Emirates (0.98) also have low electric charging costs when converted to US dollars.

Norway and Iceland, out of all the countries surveyed by Compare the Market, have the largest net savings when charging versus filling up with petrol. In both countries, opting for an electric vehicle will save approximately $100 per charge.

Switzerland ($92.74), Israel ($89.17), and Greece ($86.50) are the following largest savers in this index.

Denmark and Italy (tied for first) have the highest charging costs for electric vehicles, followed by Germany, Belgium, Lithuania, Austria (tied for fourth), and the Netherlands.

Compare the Market gathered information on petrol and electricity prices in September 2022, when the research was conducted. Therefore, the cost of refuelling and charging electric vehicles may have changed slightly. For example, in Vietnam, petrol prices increased 6 times in a row before "standing still" at the latest adjustment on September 11, 2023.

When placed on the same timeline, the research still provides policymakers with the desired direction for electric vehicle development and provides a decision-making basis for businesses.

In Italy, for instance, where the savings when charging with electricity are not significantly lower than when refuelling (only 27.62%), selling electric cars does not make much sense until electricity prices are reduced (or petrol prices rise sharply).

Since the start of 2023, the electric vehicle market in Vietnam has been advancing rapidly. VinFast's electric car sales, including VF e34 and VF 8, grew rapidly and steadily in the month's top 10 best-selling vehicles. Since Green and Smart Mobility Joint Stock Company (GSM) launched the electric taxi service, the number of corporate clients purchasing and renting VinFast electric cars has increased. As a result, the majority of business partners favour VF e34 and VF 5 Plus for taxi transportation operations. The primary reason for this selection is its small size and significantly lower price than VF 8 and VF 9.

According to the most recent report from the Vietnam Automobile Manufacturers Association (VAMA) and VinFast, VinFast VF 5 Plus sold 1,000 units in July 2023, entering the list of the top 10 best-selling cars for the first time. the highest quality of the month. Among these, the majority of VF 5 Plus purchasers are corporate clients serving the transportation industry. VinFast and GSM's primary partners include Ahamove, Be Group, Lado Taxi, En Vang, ASV Airports Taxi, and En Vang.

Current VinFast electric car charging station maps in large cities such as Hanoi prioritise national highways and motorways (10 charging stations), petrol stations (2 charging ports), shopping centre parking lots (8-10 charging stations), stations, static parking lots (5-10 charging stations) and some commercial and office apartments (7-9 charging stations). The above charging stations are all mixed charging stations, meaning they include both DC fast charging (capacity from 30-60 kW) and slow charging (11 kW).

Phuong Ha (t/h)