Southeast Asia and electric vehicles: a perfect match?
It's no secret that the interest in electric cars has risen alongside the rapid rise in ecological awareness around the world. While the USA, China and some EU countries are already actively manufacturing and distributing electric vehicles, Southeast Asia (SEA) is only beginning to set up its own EV supply chain – but the potential for growth is enormous.
At L-Charge, we believe that in the next few years, we can expect an EV boom in Southeast Asian countries. It's expected that 20% of all vehicles in the region will be electric by 2025. 75% of all lithium-ion batteries and 50% of battery-refining materials currently come from China. Meanwhile, Indonesia is well-positioned to become the epicentre of battery production and is home to the world’s largest deposits of nickel, tin and copper. With all of these natural resources, SEA is a perfect match for EVs.
However, to boost the popularity of electric vehicles in Southeast Asia, it's necessary to provide supplementary services (such as charging stations) throughout the region. And to make the process quicker and more efficient, implementing off-grid solutions – that can be used anytime and anywhere – is crucial. In contrast to the EU, there is no resistance to using gas as a viable energy source in SEA countries.
L-Charge provides a variety of user-friendly, ultra-fast charging solutions powered by clean fuels. We believe these could be essential to the rapid development of the EV market in Southeast Asia.