2021 is the year of tremendous growth in the Electric Vehicle ecosystem on many fronts. Singapore is in the forefront of electrification in the ASEAN Region setting a deadline to phase out petrol and diesel vehicles by 2040. In other parts of Asia, Thailand’s government unveiled fresh tax breaks for electric vehicle makers while Malaysia is ironing out its Low Carbon Mobility Blueprint to be approved at the national level, and China, the world's biggest EV Market is making a significant rebound in 2020 with electric car sales more than double.
However, challenges such as attracting ‘big brothers’ to invest and localise, building a sustainable EV supply chain, ensuring infrastructure readiness, improving consumer mindset and encourage adoption of EVs remains. Will the powering up of China’s EV mega-market turn the tide, accelerate and push Asia towards electrification?
The 4th Electric Vehicle Asia 2021 is the destination to be for critical discussions on market challenges and getting you on your journey towards an electrifying 2040.