Home NewsSouth AsiaAutomotiveKIEP Report Says Korea Needs to Deal with China’s Penetration of EV Market in Southeast Asia

KIEP Report Says Korea Needs to Deal with China’s Penetration of EV Market in Southeast Asia

by NEWSROOM


An electric car charging station sits empty at a shopping mall in Thailand on April 11, 2021.
An electric car charging station sits empty at a shopping mall in Thailand on April 11, 2021.


Recently, China’s share of the electric vehicle market in Southeast Asia, including Thailand and Indonesia, has been growing rapidly.


Chinese companies ranked first or second in Southeast Asian countries in terms of sales volume in 2023, according to a report titled “Factors and Implications of Chinese Electric Vehicles’ Preoccupation of the Southeast Asian Market,” published by the Korea Institute for International…



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