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Will South-east Asia’s ambitious EV targets drive the region’s sustainable future?

Purchase prices and insurance costs remain a major hurdle for adoption

    • Electric cars getting charged at a Shell station in Singapore.  The availability of charging infrastructure is as critical as any other factor in driving EV adoption in the region.
    • Electric cars getting charged at a Shell station in Singapore. The availability of charging infrastructure is as critical as any other factor in driving EV adoption in the region. PHOTO: BT FILE
    Published Sun, Dec 29, 2024 · 05:00 PM

    AS SOUTH-EAST Asian countries navigate the complex terrain of electric vehicle (EV) adoption, ambitious targets and transition pathways have become a focus of discussion. However, the critical question remains: are these targets sufficient to achieve the region’s long-term sustainability goals?

    Both Singapore and Thailand have announced a target date to phase out the sale of internal combustion engine (ICE) vehicles. Other countries in the region have set alternative targets, including a minimum penetration rate for EVs.

    Bold commitments are set out in the two countries. Singapore has aims for all new car sales and taxis to be of “cleaner-energy models” by 2030, with no more ICE vehicles on the roads by 2040. Thailand has committed to all new car sales being zero-emission by 2035.

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