Baua Electric

JANUARY 29, 2024

The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. ACMA officials noted that India has signed 13 free-trade agreements in the last five years, improving trade with other nations.

Bangladesh 40

Bangladesh UAE India Indonesia 40

Baua Electric

JANUARY 29, 2024

Five of these markets namely Indonesia, LATAM, Poland, Brazil, Columbia and Bangladesh have matured aftermarket with a substantial number of ageing vehicles while another five markets, i.e., North Africa, South Africa, East Africa, West Africa and UAE are fast developing and offer high growth opportunities.

Auto 52

Auto Africa South Africa Bangladesh 52

Green Car Congress

MAY 5, 2011

If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050. The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years.

Asia 186

Asia Indonesia Financing Bangladesh 186