Electric vehicles

Two-seater targets Vietnam’s crowded cities at a price comparable to a premium motorbike

The two-seat Nano S05 is aimed at urban commuters and has a price close to that of a premium motorbike in Vietnam. (Photo from TMT Motors’ website)

MAI NGUYEN and YUJI NITTA

August 20, 2026 16:09 JST

HANOI — TMT Motors, a Vietnamese truck manufacturer that also produces vehicles for India’s Tata Motors and China’s Sinotruk, is set to introduce a compact two-seat electric microcar priced at 148 million dong ($5,650), positioning it among the most affordable electric vehicles in Vietnam’s growing market.

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