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Vietnam's VinFast has reached cumulative production of 1 million electric motorcycles. Eight years after its first unit, the 'Klara,' rolled out in November 2018, the millionth unit was a red Feliz II. Annual sales in 2025 reached 406,453 units.
Looking at the data, cumulative 1 million units is a number that signals the electric bike market's transition into a mass-production phase. Technically, the fact this scale was achieved at a manufacturing base in Vietnam means, in my view, that the cost structure of EV two-wheeler production has fundamentally changed. Depending on how expansion into Indonesia goes, could this shift the power map of the Asian market too?
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Unit #1,000,000 being a red Feliz II shows it's the cheap scooters racking up the numbers.
If Southeast Asia's motorcycles go electric, the impact is going to be huge.
VinFast's momentum is impressive, coming this far from the Klara in just 8 years.
Compared to the Chinese brands, a million units is still small potatoes.
Isn't this number basically propped up by domestic Vietnamese subsidies? What about exports?
Even if it's domestically focused, 400,000 units a year is real production power - the factories are running full tilt.
A million units in 8 years, and 400,000 of that in 2025 alone - the acceleration is insane.
