Electric buses in Hà Nội. — VNA/VNS Photo

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HÀ NỘI — Hà Nội will need about VNĐ21 trillion (US$887 million) in the coming years to replace all petrol- and diesel-powered public buses with electric alternatives, according to Vietnamnet e-newspaper.

The switch to electric is part of goals and a plans for the implementation of an action programme on green energy transition, and carbon and methane emission reduction of the transport industry, which the municipal People's Committee has assigned the Department of Transport to build in coordination with relevant units.

The estimated cost is calculated by Hà Nội Transport Corporation (Transerco), Hà Nội's major bus operator, which is operating nearly 1,100 buses on 83 normal and one BRT routes in the city.

The number of vehicles eligible to be replaced by electric buses by 2025 is 225, accounting for 21.3 per cent of the total on the road, the company said.

Currently, there are nine electric bus lines in Hà Nội operated by Vinbus Ecology Transport Services Limited Liability Company (VinBus), a member of Vietnam’s largest conglomerate Vingroup. The first electric buses were put into operation in Hà Nội in December 2021.

Under the Government action programme on green energy transition, and carbon and methane emission reduction, Vietnam aims to have 100% of new buses use electricity or green energy from 2025.

It also targets that from 2030, at least half of all vehicles and all new taxis will be powered by electricity or green energy. By 2050, 100% of buses and taxis will use these types of energy. — VNS