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EV adoption in Southeast Asia shows promise but more incentives needed to scale mobility across markets
['Siva Selan', 'Aug.']
Eco-Business
“Incentives rolled out in Southeast Asia are useful in propelling EV adoption forward,” said Koh Xiao Han, chief operating and commercial officer from Charge+, an EV charging network operator in Southeast Asia.
“EV adoption is very much correlated with drivers’ confidence to be mobile and be able to travel with peace of mind.
There are about 12,000 EV charging points serving approximately 100,000 EV drivers, which is sufficient, broadly speaking.
Despite funding challenges, industry players are optimistic about the sector’s long-term prospects as EV adoption continues to rise in Southeast Asia.
He suggested that incentives could be expanded beyond vehicle purchases to also support charging infrastructure rollout as well.