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Southeast Asia's electric vehicle update

Southeast Asia's electric vehicle update

In ASEAN, approximately 3.5 million passenger or commercial vehicles and 4 million motorcycles or scooters were sold annually prior to the pandemic, according to Nikkei.  And according to CleanTechnica, by 2030, the region is predicted to generate 140 million new consumers, with the high- and upper-middle-income ranks increasing to 57 million.

Thailand (the region's largest auto maker) by 2035, Singapore by 2040, and Indonesia by 2050 are among the ASEAN countries that have committed to phase out fossil fuels. In Europe, we've seen how that's going.

 

 

According to the International Energy Agency, Indonesia already has one of the highest charger-to-EV ratios in the world, and "has set a target of 2,400 charging stations and 10,000 battery swap stations by 2025." It wants to have over 31,000 charging stations by 2030, as the government anticipates that more than 2 million electric automobiles and 13 million electric motorcycles would be on the road by then," according to CleanTechnica.

The Thai government is establishing an EV manufacturing cluster and has attracted newcomers like as Great Wall Motors and Foxconn. GWM launched its first local facility in June and plans to start producing EVs as soon as 2023. According to CleanTechnica, Foxconn intends to invest up to $2 billion in the development of an EV platform.

Source:

Theedgemarkets.com. “The EV Story in Southeast Asia - Cleantechnica.” The Edge Markets, 1 Nov. 2021, https://www.theedgemarkets.com/article/ev-story-southeast-asia-cleantechnica.

  
Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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