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

Setec Powerr

In addition, other countries in Southeast Asia, besides Thailand, are in the midst of similar changes as the world’s fifth largest economy with a consumer market of 660 million people, Thailand, Vietnam, Singapore, and Indonesia together sold only 13,000 new energy vehicles in the first half of 2022.

Asia 97
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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

And EV straggler Honda shed a bit more light on its upcoming EVs built on GM’s Ultium battery and powertrain platform. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura. Honda will offer more details later this year, he said.

Kia 52