The development of electric vehicles is accelerating at a rapid pace across the automotive industry. This is more so in the two-wheeler domain due to the low cost of ownership and operation of the vehicles, simplicity in design, and their adaptability to different environments. The future success of these vehicles depends on the mass deployment in the world's biggest markets, including the Association of Southeast Asian Nations (ASEAN).
Driving this change towards mass electrification of two-wheelers are factors including the rise in pollution levels, increasing stringency in government emission norms, the rise in the millennial and Gen ‘Z’ population, and the demand from end-customers for more efficient and technologically advanced vehicles.
Research Scope
This research focuses on key countries in the ASEAN region, namely Vietnam, Indonesia, the Philippines, and Thailand. Each country's growth drivers and restraints are discussed in detail, in addition to that of the overall industry, grouped under development timeframes ranging from 1 to 5 years on issues relating to government policy, charging infrastructure, mobility services, manufacturing, and other key elements.
In addition, this report discusses the following in great detail for each of the countries mentioned above:
- Key findings that explain at a high level the dynamics of the market and the implications for electric two-wheelers
- Current market trends highlighting growth opportunities and industry innovation
- Government regulations that have defined the industry so far and the expected evolution towards customer popularity
- Key historical growth metrics presenting market size, potential, and penetration among others
- Current and expected infrastructure trends especially in terms of charging and battery swapping
- Electric two-wheeler OEM and supplier production locations and details
- Comparative cost analysis for vehicle purchase and ownership between electric and internal combustion engine (ICE) two-wheelers
- An overall market snapshot in terms of brands, sales, and penetration of electric and non-electric two-wheelers
- Top-selling models and market share
- Key profiles of top-selling companies detailing their production capacity, background, and best-selling models
- Future electric two-wheeler retail strategies unique to these kinds of vehicles
- Future expectations on battery swapping subscription plans
- Mobility service plans to discuss OEM strategies and expectations
- Future market growth strategies and possible OEM innovations
- Forecast of future sales and expectations of each market until 2025
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deco
- Gesits
- GOGO
- NWOW-TAILG
- PEGA
- Toyotron
- Viar
- VinFast
