Commentary

Asia's mobility industry is driving into the future

Region poised to capture pole position in new electric vehicle market

Visitors checking out the 001, a model from Geely's new premium electric vehicle (EV) brand Zeekr, at its factory in Ningbo, in China's Zhejiang province, in April. Domestic EV sales in the four biggest auto markets in Asia - China, Japan, India and
Visitors checking out the 001, a model from Geely's new premium electric vehicle (EV) brand Zeekr, at its factory in Ningbo, in China's Zhejiang province, in April. Domestic EV sales in the four biggest auto markets in Asia - China, Japan, India and Indonesia - are estimated to grow by a compound annual growth rate of 36 per cent to 20 million units by 2030, from about two million today. PHOTO: REUTERS
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A version of this article appeared in the print edition of The Straits Times on August 03, 2021, with the headline Asia's mobility industry is driving into the future. Subscribe