ELECTRIC DREAMS: Electric vehicles gaining traction in the region

Increased interest in electric vehicles suggests tipping point in Singapore

The region is betting big on electric vehicles (EVs), with countries vying for different parts of the lucrative pie. That being said, there are still several barriers for EV adoption throughout the region, including limited vehicle choices, lack of charging infrastructure and higher upfront vehicle cost. In this series of stories, BT takes a look at what governments in Singapore, Indonesia and Thailand are doing to spur the adoption of EVs and how they are positioning their respective economies to ride this wave.

Singapore

THE marked increase in interest in electric vehicles (EVs) in the past fortnight suggests that Singapore is moving toward a real tipping point moment which augers well for the Republic's ambition to be a hub for innovation and EV manufacturing.

Indeed, market watchers

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