A Vietnamese technology startup has revealed plans to enter the electric motorcycle sector, recruit and build its workforce, while preparing plans to develop a manufacturing facility and research and development (R&D) center in Hung Yen.
Accordingly, Aves Green Technology and Energy Joint Stock Company was established on September 9, with its headquarters in Hanoi. The company is oriented toward three main areas: smart electric vehicles, renewable energy, and IoT devices. In the mobility sector, Aves said it plans to develop electric two-wheelers, three-wheelers, and bicycles.
The company is currently recruiting for a wide range of positions across engineering, quality control, supply chain, and other areas, with the goal of launching its first products in mid-2027.
Aves is entering the market as demand for electric motorcycles in Vietnam continues to grow. In the first seven months of this year, more than 500,000 electric motorcycles were sold in Vietnam, accounting for nearly 28% of the overall motorcycle market, up more than 97% from the same period in 2025, according to statistics from Motorcycles Data (MD). Vietnam is also among the world’s largest electric motorcycle markets, after China and India.
An Aves representative said the company positions itself as a technology startup, focusing not only on smart electric motorcycles but also on developing areas such as renewable energy and smart IoT devices.
In September, the company said it would launch the Aves Future Mobility Challenge to seek and recognize design ideas for highly practical two-wheeled vehicles, with a strong focus on real-world implementation. The competition is expected to offer total prizes worth up to VND 265 million and will run from September through the end of the year as part of Vietnam Mobility Show 2026.
(Source: VnExpress)
(Translated by: Startup Hai Phong)