Vietnam is pushing to become a major player in the fast-growing global electric vehicle (EV) battery supply chain. With strong foreign partnerships, government support, and rapid domestic EV adoption, the country is building a foundation for long-term competitiveness. The Vietnam EV Battery Export Strategy focuses on both scaling exports and developing local capacity, signaling a shift toward higher-value participation in global clean energy markets.
Samsung Leads Vietnam EV Battery Export Strategy Strength
Samsung Electronics Vietnam is the backbone of the country’s battery export success. It accounts for 56% of Vietnam’s lithium battery exports, with more than 15,600 shipments in recent years. Samsung’s advanced technology and strict quality standards give Vietnam credibility in international markets. This dominance demonstrates how global companies are anchoring Vietnam’s early growth in battery exports while setting benchmarks for performance and innovation.
Localization Targets and Industrial Policy
Vietnam is not content with relying on imports. The government has set an ambitious goal to localize 80% of EV battery production by 2026. Partnerships are central to this push. A prime example is the collaboration between Kim Long Motor and LG Energy Solution (LGES), which is building a $46 million plant in Hue. This facility will produce advanced cylindrical NCM cells designed for long-distance electric buses, serving both regional needs and export markets.
These projects show how Vietnam’s policy, industry, and foreign investors are working together to create stronger supply chain independence and resilience.
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Vietnam EV Battery Export Strategy: Domestic EV Market Fuels Export Capacity
Vietnam’s domestic EV market is expanding at one of the fastest rates in Southeast Asia. It is forecast to grow at a compound annual growth rate of 18.88%, reaching $7.41 billion by 2030. Rising demand for EVs ensures that the battery sector will not rely solely on exports but will also benefit from a strong local customer base.
This dual growth—domestic consumption and international shipments—creates stability for investors and manufacturers. It also gives Vietnam leverage to become both a supplier to global markets and a user of its own green technology.
Innovation and Technology Upgrades in Vietnam EV Battery Export Strategy
Reports highlight rapid progress in fast-charging solutions and solid-state battery technologies. These innovations make Vietnamese-made batteries more attractive to international buyers. The Kim Long-LGES plant’s focus on long-distance bus batteries is an example of how Vietnam is targeting specialized niches in the EV sector, moving beyond low-cost manufacturing toward higher-value technology.
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Vietnam in the Global Supply Chain
As of 2024, Vietnam ranked 20th out of 30 countries in the global lithium-ion battery supply chain index. While this shows room for improvement, it also confirms that the country is now a recognized part of global production networks.
Vietnam is leveraging trade agreements like the CPTPP and RCEP to ensure export logistics are competitive and compliant with international standards. Domestic policies such as Resolution 68 further strengthen integration into clean energy supply chains.
With competitive labor costs, a strategic geographic location, and ongoing investments in digital and logistics infrastructure, Vietnam is well-positioned to become a key hub for EV battery exports in Asia by 2030.
Balancing Growth with Global Ambitions
The Vietnam EV Battery Export Strategy is not only about volume. It is about building sustainable capacity, attracting high-value partnerships, and embedding itself in the clean energy transition. From Samsung’s leadership to local production targets and new technologies, Vietnam is accelerating toward a future where it plays a crucial role in global EV supply chains.
