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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

Market 210
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The Global Outlook of Electric Vehicles

Blink Charging

In fact, China accounted for half of the worldwide growth of EV sales in 2021, and IEA writes that more EVs were purchased there in 2021 than in the entire rest of the world throughout 2020. Many countries in Southeast Asia like Vietnam, Indonesia, Malaysia and Thailand are taking steps to promote sales of EVs.