Electric vehicles (EVs) have gained significant momentum globally, including in ASEAN. Ten member countries have announced or updated their EV mandates set between 2025 and 2050.

The targets are translated into different milestones in EV supply chains, from the number of EV sales, production, charging stations and imports to Indonesia’s ban on nickel ore exports since 2020 and Singapore’s plan to phase out internal combustion engine (ICE) vehicles by 2040.

ASEAN’s EV progress over the past two years is, in fact, promising. As of 2022, the regional EV figure (including hybrid EVs) reached 271,000 units. The number of EVs registered in each member state are: 47 in Cambodia, 25,300 in Indonesia, 3,200 in Laos, 2,600 in Malaysia, 14,000 in the Philippines, 3,600 in Singapore, 218,000 in Thailand and 4,300 in Vietnam.

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