A pilot project is set to begin in the third quarter of this year, with around 50 battery-swapping stations and 500 electric motorbikes expected to be deployed in key areas of the capital city.

LG Energy Solution has signed a memorandum of understanding
with Honda and Hanoi authorities with the aim of developing a public
battery-swapping network for electric motorbikes in the Vietnamese capital, the
Korean battery maker announced on May 19.

The three sides agreed to install battery-swapping stations
in central Hanoi, develop standardised battery and safety management systems,
and build a business platform model for electric motorbikes, according to a
report from the Vietnam News Agency.

A pilot project is set to begin in the third quarter of this
year, with around 50 battery-swapping stations and 500 electric motorbikes
expected to be deployed in key areas of the city.

Under the cooperation, LG Energy Solution will supply 2170
cylindrical batteries and oversee battery safety management, swapping station
operations and battery lifecycle systems. Honda will provide battery packs,
battery-swapping equipment and electric motorbikes. Meanwhile, Hanoi
authorities will support licensing, policies and local coordination.

The partnership comes as Vietnam accelerates the shift
toward electric two-wheel vehicles. Hanoi plans to begin restricting
petrol-powered motorbikes in certain areas and timeframes from July this year,
before gradually expanding the measures by 2030.

Vietnam remains one of the world’s largest motorbike markets
though electric motorbikes account for only a small share. The country had
around 80 million motorbikes in circulation in 2025, including about 3.2
million electric ones – equivalent to 4% of the total, according to the
National Traffic Safety Committee.

VNA-Van Nguyen