In today’s briefing:
- ASEAN EV Ecosystem Update: Further Initiatives to Build a Regional EV Ecosystem
ASEAN EV Ecosystem Update: Further Initiatives to Build a Regional EV Ecosystem
- EV supply chain is at a nascent stage in ASEAN and EV adoption in the region lags behind developed markets despite boasting a large population with a burgeoning middle class.
- However, Governments in the region continue to introduce new initiatives and offer incentives to promote the sector, while companies continue to attract large investment to develop the EV market.
- The four companies we looked at have reported earnings and we have discussed their latest results and our investment thesis.
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