This briefing gives an overview of the status of ZEV development in the ASEAN economies. The EV share in ASEAN markets varies between 0.04% and 0.6% for passenger cars, as of 2020. (Figure.)
The ZEV transition in ASEAN countries is fastest in the 2&3-wheeler segment. As of 2020, Vietnam had 262,000 electric 2-wheelers, for a sales share of 8.3%, followed by Philippines at 1.4%, Indonesia at 1.1%, and Malaysia at 0.8%. As of 2019, the Philippines had 3500 e-trikes that are used as public or private transportation.
A few countries in the region have a small stock of electric buses. Thailand had a total of 215 electric buses as of 2020, representing 0.14% of its bus stock overall. Electric buses in Singapore, Malaysia, Philippines, and Indonesia total 2 to 35.
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