Thailand, India drive EV investment in Southeast Asia
As electric vehicles reach cost and convenience tipping points, Thailand and India are emerging as key players in the Southeast Asian EV market, according to a new report from Temasek and LeapFrog Investments.
The electric mobility trend in emerging markets is gaining momentum, according to a report from Temasek and LeapFrog Investments published on September 20.
Projected green-mobility capital demand of $1.3 trillion to 2030 outstrips other sectors in emerging markets. This shift is particularly evident in South Asia, where EVs “have already reached tipping points of cost, convenience and reliability," according to the report.
Private capital markets also have a role to play in sup…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.