The first electric bus route in Ho Chi Minh City carries 3,000 passengers per day.

Ho Chi Minh City Public Transport Management Center evaluated the D4 electric bus route (Vinhomes Grand Park - Saigon bus station) as being supported by the people, giving it a high quality score.

Many people believe that electric buses not only protect the environment but also have good service quality, are smooth, have WiFi... According to a representative of VinBus - the operator of electric bus route D4, after nearly 3 years of operation, the route has transported nearly 2.8 million passengers, an average of about 3,000 passengers/day, about 30 passengers/trip. According to records from the Ho Chi Minh City Public Transport Management Center, route D4 is among the routes with high passenger volume on the entire bus network today. "In the past time, the D4 electric bus route has been put into pilot operation and has been trusted and chosen by people as a more convenient means of transportation to work, school, and outings. At the same time, VinBus has also received attention, support, and favorable conditions from leaders at all levels regarding legal procedures and infrastructure for the company to put the route into operation. VinBus expects that electric buses will serve the travel needs of city residents, contributing to promoting people to switch from personal vehicles to public vehicles, helping to reduce traffic congestion and minimize environmental pollution," said a VinBus representative. Also according to a VinBus representative, in the coming time, VinBus plans to participate in bidding to expand the route network after the Ho Chi Minh City Department of Transport develops and submits to the Ho Chi Minh City People's Committee for promulgation of technical and economic norms, unit prices for public passenger transport services for electric buses, and organizes bidding for electric bus routes D5, D6, D7.

Associate Professor Dr. Vu Anh Tuan - Director of the Vietnam-Germany Transport Research Center (Vietnam-Germany University) - affirmed that the conversion to electric buses in Ho Chi Minh City is a world trend. However, the current investment cost for electric buses is 2-3 times higher (compared to investment in previous bus lines), so businesses will be under financial pressure. The city needs to conduct more specific research on the mechanism and policy of operating subsidies, which can be calculated for bidding on many routes.   At the same time, to reduce investment costs for businesses, research appropriate subsidies... At the same time, it is necessary to solve the problem of the electric charging station system. Ho Chi Minh City focuses on investing in common charging station infrastructure for many transportation businesses to use together.

Electric bus coverage by 2030, Ho Chi Minh City offers many attractive policies

Recently, the Ho Chi Minh City Department of Transport has completed a project with many attractive policies for businesses to convert electric buses... The goal is that by 2030, all buses in Ho Chi Minh City will use electricity and green energy. Accordingly, investors, businesses, cooperatives, and economic organizations can borrow investment capital from the Ho Chi Minh City State Financial Investment Company to convert vehicles to use electricity and green energy and invest in charging stations. For the vehicle conversion policy, the maximum loan amount is 85% of the total investment of the project. The maximum interest rate support loan amount is 300 billion VND/project. The fixed loan interest rate is 3% for the investment loan portion during the loan term. The city budget will support the difference between the loan interest rate announced by the Ho Chi Minh City State Financial Investment Company and the fixed loan interest rate. Regarding the charging station investment policy, enterprises and economic organizations can borrow up to 70% of the total investment of the project. The maximum interest rate support loan amount is 200 billion VND/project. The loan interest rate is equal to 50% of the loan interest rate announced by the Ho Chi Minh City State Financial Investment Company for the investment loan portion during the loan term. The city budget will support 50% of the remaining interest rate...

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