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Govt. incentives
Govt. incentives
- Production Forecast
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
Thailand: BYD and Wuling begin EV production, Indonesia: Hyundai and LGES build JV battery plant
2024/09/04
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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
Hyundai and Kia to build EV plants in Korea, battery joint venture plants with LGES/SK On in the US
2024/07/25
- Production Forecast
Indonesia: BYD, MG, Great Wall, Chery and VinFast entering EV market
Tax incentives to continue, utilizing nickel to build EV ecosystem
- Production Forecast
- Sales Forecast
Thailand: Chinese OEMs to build EV production facilities
Government to reduce EV subsidies in new incentives for 2024-2027
ASEAN (1): Accelerating shift to EVs, and market entry of Chinese OEMs
Thailand introduces subsidies for EVs; SK On and LGES to build battery plants in Indonesia
2023/08/16
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- policies in Indonesia
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- Production Forecast
Indonesia: Utilizing Nickel to Build EV Supply Chain
Wuling and Hyundai launch EVs; CATL, LG Energy Solution to produce batteries
- Production Forecast
- Sales Forecast
Thailand: EV subsidies and tax incentives, Chinese OEMs launching budget EVs
2022 production expected to be 1.75 million due to semiconductor shortage and Ukraine war
- Sales Forecast
- Production Forecast
ASEAN: Promoting use and production of EVs to achieve carbon neutrality
Thailand introducing incentive measures for EVs, Indonesia building battery plants with LG and CATL
2022/07/07
- ASEAN
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- Asia
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- Carbon neutral
- Policies in Thailand
- policies in Indonesia
- policies in Malaysia
- policies in Philippines
- Policies in Vietnam
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- GlobalData
- Govt. incentives
- Thailand
- Indonesia
- Production Forecast
- Production Forecast
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Indonesia: Battery production for 400k EVs in 2025; state and private enterprise collaboration
Luxury tax cut to boost domestic demand, exemptions extended to the end of 2021
- Production Forecast
- Sales Forecast
Indonesia: Favoring EVs more than LCGC under revised luxury tax scheme
Production and sales plunge in 2020 due to COVID-19 crisis, impacting heavily on exports
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