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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

On the infrastructure side, by 2030, Thailand will have 12,000 fast-charging heads available at public fast-charging stations and 1,450 charging stations built. million electric vehicle users by 2025 to stimulate market demand and reduce air pollution. That is an unexplored continent that needs to be tapped.

Asia 97
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Sales in emerging markets are increasing, led by Southeast Asia and Brazil, India and Thailand Electric car sales continued to increase in emerging market and developing economies (EMDEs) outside China in 2023, but they remained low overall. Increasing model availability is also helping boost sales.