Abstract: The widespread change in means of fuel-consumption vehicles is creating traffic pressure in urban
areas, leading to dire consequences for the area’s environment. Faced with this challenge, Vietnam has
set the goal of controlling the emissions. Hence, using electric vehicles in general and electric bicycles
in particular is becoming a sustainable and environmentally friendly consumption trend. With survey
data collected, the survey analyzed factors affecting the demand for electric bikes in Vietnam in the
green fuel era. Results from the analysis show that Price, Income, Price of related goods, and a number
of factors about vehicle characteristics and demographics have high statistical significance, affecting
people's decision to own electric bicycles. From there, businesses that produce, sell, and distribute
electric bikes can refer to research results; they can make more precise production plans, business
decisions, market strategies, and innovative product quality to meet the market demand. |