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Market analysis of two- and three-wheeler vehicles in key ASEAN member states

Publication Year: 2022

Author(s): Le H, Yang Z

Abstract: This study describes and analyses the uptake of electric two-wheelers (E2Ws) and electric three-wheelers (E3Ws), characteristics of E2W and E3W fleets, market share by brand, and top-selling models of ASEAN countries. This paper’s profile of the 2&3W market in the ASEAN region could be used to support future policy development in mitigating the negative impacts of 2&3Ws and in building sustainable transport in the region. Future policy initiatives, for example, might be used to support production of E2Ws and E3Ws, to promote and integrate E2Ws and E3Ws in transport systems, and to limit the increase in the number of internal combustion engine (ICE) 2&3Ws. The paper can also shed light on the impact of the COVID-19 pandemic on 2&3W markets in the region as the time frame covers 2019 and 2020.

Source of Publication: International Council on Clean Transportation

Vol/Issue: June 2022

Publisher/Organisation: International Council on Clean Transportation

Rights: International Council on Clean Transportation

URL:
https://theicct.org/wp-content/uploads/2022/06/asia-pacificlvsNDC-TIA-23W-market-ASEAN-countries-jun22.pdf

Theme: Business Models | Subtheme: Financing

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