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Vietnam-based electric car maker VinFast showed off more than just electric SUVs and crossovers at CES 2023. The electric automaker surprised us with four new electric bike concepts on display.

The company already has a fairly eclectic offering of EVs that spans electric cars, electric scooters, electric buses, and clean energy solutions.

But the electric-assist bicycles represent a new direction for VinFast.

All four bikes were listed as “concepts,” and there’s no word on whether they’ll actually make it to production.

But since VinFast is already producing seated electric scooters, it wouldn’t be so far-fetched to see the company drop down a weight class or two and produce electric bicycles.

The four models, seen below in photos taken by Electrek’s Scooter Doll, represent a wide range of e-bike styles for diverse riding scenarios.

Two of the bikes feature mid-drive motors and two feature hub motors, but they’re each uniquely adapted for a different style of riding.

The forest green model is a hybrid-style commuter bike with a centrally-located mid-drive motor, a rigid fork, a forward-tucked geometry and what appears to be frame-integrated LED lighting.

Next to it sits a blue electric mountain bike that uses a similar style frame outfitted with a short-travel suspension fork. The bike isn’t quite as rugged as most hardtail eMTBs we’ve seen, underscored by the frame’s rather diminutive seat stay tubes. But considering that these are concept e-bikes, that frame could certainly change by the time it reaches production.

The company also showed off a mini-bike electric bicycle with rear hub motor that seems to invoke some serious SUPER73 vibes. The bike uses an open moped-style frame with a stubby bench seat that covers an underslung battery. A pair of 20″ diameter knobby fat tires and a dual crown suspension fork seem to imply that the bike might have scrambler-esque aspirations for both on and off-road riding.

Lastly, VinFast also showed off a narrow-tire folding e-bike with a rear-hub motor. The small e-bike seems designed to fulfill a commuter-type role. Such e-bikes have proven popular for commuters that need to carry the e-bike onto a bus or subway and for drivers who like to keep a small folding e-bike in the trunk of their car to extend their reach into a city.

vinfast electric bike concepts

VinFast’s electric bike concepts seem to be fleshing out the company’s product line ahead of a possible IPO. The move also highlights a growing trend we’ve seen in the auto industry of automakers partnering or innovating their way toward micromobility vehicles like e-bikes and scooters wearing the automaker’s badge.

Many such automakers have either white-labeled or otherwise teamed up with e-bike makers to produce a two-wheeler bearing the company’s name. That’s how Polestar wound up with its own bike, and others such as Hummer and Jeep pulled similar moves to create a branded e-bike model. Ducati and BMW also used a similar strategy on their path to e-bikes and e-scooters.

Other companies have actually developed their own two-wheelers in house from the ground up. Harley-Davidson famously spent years designing its popular electric bikes that were eventually spun out as independent e-bike company Serial 1. GM developed a custom-designed electric bike with a much lauded design, though it met an untimely demise in the early days of the COVID-19 pandemic. Porsche has a number of interesting e-bikes as well, as does Peugeot.

Now it looks like VinFast could be set to join that second group if it eventually brings these e-bike concepts to fruition.

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Vietnam setting bans on gasoline motorcycles next year, followed by cars

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Vietnam setting bans on gasoline motorcycles next year, followed by cars

Vietnam is taking bold steps to clean up its streets – and quiet them down. Starting next summer, the major downtown areas of Hanoi will ban all gasoline-powered motorcycles as part of a program to cut down on emissions.

The plan will go into effect on July 1, 2026, and then will expand the following year to cover more districts outside of downtown, and eventually include gasoline-powered cars as well. Other major cities like Ho Chi Minh City and Da Nang are now studying similar measures.

The plan is part of Vietnam’s national goal to phase out gas-powered two-wheelers entirely by 2045. And in a country where motorcycles are the lifeblood of daily transportation, with an estimated 72 million of them on the road, this marks a seismic shift.

The first phase of the ban will cover the Hoan Kiem and Ba Dinh districts of Hanoi within the Ring Road 1. These central areas are known for dense traffic, high pollution levels, and a thriving tourism industry. Officials hope that banning gasoline-powered motorbikes will reduce noise, smog, and carbon emissions while nudging residents toward cleaner electric alternatives.

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For now, the ban only affects motorcycles, but city officials have confirmed that it will extend to gasoline-powered cars in later phases. And while many Vietnamese cities have flirted with the idea of regulating vehicle emissions before, this marks the first concrete plan with a clear timeline. Ho Chi Minh City, the country’s largest urban area, is closely watching Hanoi’s progress and is said to be considering following suit.

Electric motorcycles and scooters are already a fast-growing market in Vietnam, led by homegrown companies like VinFast and Selex Motors. VinFast claims to have sold over 160,000 electric scooters as of early 2024, and Selex is rapidly expanding its battery-swap station network. But so far, electric two-wheelers only account for around 5% of the total market.

That number could soon change.

As gas-powered vehicles begin to disappear from urban centers, electric models may finally gain the upper hand. The government is also exploring support policies like financial incentives and improved charging infrastructure, both of which are key to getting more people to switch.

Still, there are hurdles. Many Vietnamese riders are hesitant to adopt electric bikes due to range anxiety, high upfront costs, and a lack of charging stations. But with regulatory pressure increasing and electric models becoming more affordable, the shift looks more like a matter of “when” than “if.”

Electrek’s Take

Vietnam banning gas-powered motorcycles is a big deal, and not just for local air quality. It’s also a major signal to the broader Southeast Asian market, where motorcycles vastly outnumber cars. If Vietnam can pull this off, it could become a model for electrifying personal transport in developing countries. Keep an eye on this one.

Each time I’ve visited Shanghai, for example, I’m amazed at how a pack of 30-40 motorcycles and scooters can whizz by with nothing but wind noise. China has set the example on how cities can clean up, quiet down, and improve their quality of life by mandating an end to gasoline-powered motorcycles. If other countries can replicate it in big cities, the improvement to local and global air quality would be massive, and that comes on top of all the hyper-local benefits like reductions in noise and urban grime.

That being said, one year is an incredibly fast timeline to shift literally millions of motorcycles to electric. It also doesn’t appear to address the financial burden this will put on residents who will have to replace their vehicle, even if locally produced electric scooters can be made affordable. I’ll be watching this one intently to see how officials can address these issues and if they can maintain this tight deadline. If they can pull it off, though, the face of major Vietnamese cities could change completely.

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Manitou and Hangcha commit to heavy equipment battery production JV

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Manitou and Hangcha commit to heavy equipment battery production JV

French equipment manufacturer Manitou has committed to a joint venture with Chinese forklift manufacturer Hangcha that will see the two companies develop and manufacture advanced lithium-ion batteries to support the electrification of the heavy material handler space.

Manitou is well-known in the West, so they need no introduction. Hangcha, though, is arguably just as capable of a company, having opened its first forklift plant in 1956, manufacturing others’ designs under license. They developed their own, in-house material handler in 1974, and have racked up hits ever since. Hangcha is currently the world’s eighth-largest manufacturer of industrial vehicles globally (sounds wrong, but here’s the source).

The plan for the JV is to upgrade the two companies’ deployed fleets of existing lead-acid battery-powered vehicle with longer lasting lithium-ion (li-ion) batteries to expand their operational lifespan. From there, the focus could switch to diesel retrofits and, eventually, the joint development of entirely new products.

“Deepening strategic cooperation with Manitou Group and jointly establishing a lithium battery joint marks a new phase in the partnership between the two sides, which is a milestone in Hangcha global industrial layout,” explains Zhao Limin, Chairman and General Manager of Hangcha Group. “Leveraging Hangcha’s core technological and manufacturing strengths in lithium battery solutions, we will collaboratively enhance solution capability of new energy industrial vehicle power systems. This partnership perfectly aligns with our shared objectives to accelerate electrification transformation and drive sustainable development, while providing robust support to the broader industrial vehicle market.”

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Manitou MHT 12330


MHT 12330 with 72,750 lb. lift capacity; via Manitou.

Once production begins, the joint venture factory will play a key role in supporting Manitou Group’s “LIFT” strategic roadmap. LIFT aims to expand Manitou’s electric vehicle lineup of telehandlers and forklifts, and have EVs account for 28% of total unit forklift sales by 2030. Hangcha Group, meanwhile, has publicly stated its intention to become 100% electric by the end of 2025.

This joint venture plans to recruit employees including engineers, operators, sales representatives and after-sales service technicians. Le Mans Metropole will support the recruitment and local integration and training of future employees.

SOURCE | IMAGES: Manitou; images by Manitou, via Belkorp AG.


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With another tariff deadline looming, these 10 things are going the right way for stocks

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With another tariff deadline looming, these 10 things are going the right way for stocks

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