Thursday, 16 Jun 2022
Southeast Asia’s transportation sector is the second largest greenhouse gas emitter after the power sector and is projected to account for a 25 percent share of the final energy consumption in 2025.
Shifting from conventional vehicles to green mobility is seen as one option to reduce emissions for environmental sustainability in the region. The use of green mobility, such as electric vehicles (EVs), has been introduced as a green technology solution to tackle climate change and air pollution for its potential to produce less harmful gases than gasoline-fueled vehicles.
EV absorption is expected to expand to around 140 million new consumers in Southeast Asia by 2030. Research has found that Thailand, Indonesia and Malaysia are the largest four-wheeler vehicle markets in ASEAN, accounting for 75 percent of the market share. Meanwhile, 99 percent of two-wheeler vehicle sales come from Thailand, Vietnam and Indonesia.