Automakers target one of next promising EV markets: Southeast Asia

SE Asia EV market — The passenger EV market in Southeast Asia remains small. Fewer than 16,000 EVs were sold in the region in 2021 out of the 6.6 million delivered globally. (BLOOMBERG/Bloomberg)

By:

ALLEN TOM ABRAHAM

By:

Bloomberg

September 27, 2022 01:41 PM

An intense competitive battle is starting to take shape in Southeast Asia’s electric vehicle market between incumbent Japanese automakers and new entrants from China, Korea and domestic players in the region.

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