The global surge in battery electric vehicle (BEV) adoption has gained momentum in recent years, as countries worldwide prioritise the shift towards carbon neutrality, in which BEVs are a critical component of the transformation. Notably, China, the world’s largest automotive market, has spearheaded the mass production and development of BEVs, leveraging proactive policies and incentives from the government to drive the electric vehicle industry’s growth and secure its position as the global leader in BEV manufacturing and sales.
BEVs in the ASEAN region: The rise of Chinese OEMs
As ASEAN countries focus on BEVs, the Chinese OEMs see an opportunity
