Electric Vehicles is set to see wide adoption and rapid growth in the coming decade. The projected size for the electric vehicle market worldwide is 35 Mn units by 2030. The availability of a wide range of models, upgraded technology, increasing customer awareness, and availability of subsidies and tax rebates are the major factors driving the market.
In our new insight series, we cover the key regulations, institutional framework, incentives, targets and active players for electric vehicles and associated charging infra across major countries in Asia.
In our first article, we have provided the sector review and outlook for EVs in INDONESIA
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