Asean to sustain EV growth on low base while world market slows

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KUALA LUMPUR: Electrical vehicle (EV) adoption in Asean will continue to increase due to favourable regulations, launch of new models at lower prices ...

: Electrical vehicle adoption in Asean will continue to increase due to favourable regulations, launch of new models at lower prices by Chinese EV makers as well as large automotive production base and significant demand in the region, according to analysts.

Maybank IB said regulatory push and cheaper EVs are the key to EV adoption, which is clearly visible in the EV adoption in Thailand.

 

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