The office has been studying trends and EV markets at the global and regional levels, as countries are becoming more aware of the impacts of climate change, TPSO director-general Poonpong Naiyanapakorn said. EVs offered a more environmentally friendly alternative to internal combustion engine vehicles, while also minimising the risk from fluctuation of energy prices, he added.
TPSO’s report explored statistics from the International Energy Agency (IEA), which estimated that global EV sales in 2023 would be around 14 million units, rising 35% from 10 million units in the previous year….
