Indonesia urged to emulate Thailand’s EV dominance

A prominent business executive, known for his roles as president of the ASEAN Business Advisory Council (ASEAN-BAC) and the chairman of the Indonesian Chamber of Commerce and Industry (Kadin), advocates cooperative efforts between Thailand and Indonesia to establish a robust and resilient supply chain within Southeast Asia that caters to the global EV market.

In the early part of this year, Thailand saw a noteworthy increase in EV registrations, hitting over 32,000 within the first five months. In comparison, Indonesia, a country with a population exceeding 270 million, managed to sell just about 10,000 EVs throughout 2022, with this year’s sales predicted to crest at roughly 50,000 units.

According to Arsjad Rasjid, the exceptional progress in Thailand’s EV market could be attributed to effective public-private partnerships and favourable…