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ASEAN Electric Two-Wheeler Market Size, Share And Forecast 2019-2025

ASEAN Electric Two-Wheeler Market Size, Share And Forecast 2019-2025

Submitted by • May 28, 2020 www.omrglobal.com

The ASEAN electric two-wheeler market is estimated to grow at a considerable CAGR during the forecast period. The increasing government initiatives and subsidies to provoke the sales of the electric vehicle is the key factor to propel the growth of ASEAN electric two-wheeler market. In April 2019, the Thailand Board of Investment (BOI) announced to reduce excise tax to 2% from 8% for eligible automobile companies planning to produce electric vehicles in the country.

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