Arowana Impact Capital

The reality is that many Southeast Asian cities are designed with cars in mind rather than public transportation. Other than that, a properly planned public transportation system could take years to develop. Many of the public transport infrastructure projects in the region will only be completed at the end of the next decade. For example, the first subway system in Manila is only expected to be completed in 2025. With this in mind, EVs could well be the immediate solution for the region’s transportation woes. The Asean Post

Gas or diesel-powered vehicles are one of the main culprits of congested roads in the majority of Asian countries, particularly in Southeast Asia. Likewise, they are major contributors to the worsening air pollution which produce common respiratory illnesses. Despite these problems, the demand to own vehicles continues to increase and is expected to grow by 40 percent by 2040. Sadly, the region is heavily dependent on them for mobility. One solution is to promote the use of electric vehicles or EVs. EVs produce zero emissions and pose no threat to the environment. Recently, consumer interest on EVs have increased. ASEAN governments thus must incentivize citizens to switch to EVs through tx waivers, provision of charging stations, priority lanes, and toll discounts among others.

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