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

Setec Powerr

NOVEMBER 30, 2022

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia

Asia Chinese Thailand Companies

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

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The electrification of 2/3Ws and public or shared mobility will be key to achieve emissions reductions in such cases. Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023. China exported over 1.2

Costa Rica

Costa Rica Cars Brazil Thailand

EV Driven

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

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

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