Historically, two- or three-wheeled vehicles have been the predominant mode of transport across the ASEAN-6. Electrification of this segment has been the fastest as electric cycles, scooters and motorcycles are relatively affordable and less reliant on specialist charging infrastructure whose availability varies considerably within the region.
As the affluence of ASEAN-6 consumers grows, sales of electric passenger cars may begin to challenge the dominance of two-wheelers. It is estimated that cars will account for about 80% of ASEAN-6 EV sales value by 2035. An increasing push…
