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Market Chatter: Honda to Produce Electric Motorcycle in Vietnam From September

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Honda (TYO:7267) plans to start manufacturing its UC3 electric motorcycle in Vietnam as early as September, shifting production from Thailand to a plant in Phu Tho province, Nikkei Asia reported on Thursday, citing Honda Vietnam general director Sayaka Arai.

The move comes as Hanoi recently introduced a low-emission zone limiting gasoline motorcycle use on weekends, the news daily said.

Arai noted that consumer interest in electric two-wheelers is growing faster than expected, with dealers seeing rising demand, the publication said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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