Asia New Vision Forum: Southeast Asia EV Industry Set to Gain From Chinese Supply Chain Shift - Caixin Global

As Chinese automakers shift their supply chains to Southeast Asia, they will boost the region’s electric-vehicle (EV) industry, which has been struggling to grow due to a lack of charging infrastructure, said a venture capitalist at a Caixin-hosted forum Thursday.
In the first half of this year, only 45,000 EVs were sold in the ASEAN region, which consists of 10 Southeast Asian countries, Yuan Bing, co-founder and managing partner of venture capital fund Rockets Capital, said at the Asia New Vision Forum 2024 in Singapore.
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