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Directions and Prospects for the Development of the Electric Car Market in Selected ASEAN Countries

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  • Krystyna Gomółka

    (Department of Eastern Studies, Faculty of Management and Economics, Gdańsk University of Technology, 11/12 Narutowicza St., 80-233 Gdańsk, Poland)

  • Piotr Kasprzak

    (Department of Finance, Faculty of Management and Economics, Gdańsk University of Technology, 11/12 Narutowicza St., 80-233 Gdańsk, Poland)

Abstract

The purpose of this article is to present the current situation and evaluate the opportunities for the development of the electric car market in selected Southeast Asian countries in the context of the current situation in the rest of the world. Currently, the electric car market is at an advanced stage of development in regions such as Western Europe, the USA, and China. It should be noted, however, that the number of electric cars in a given country results not only from market demand and access to vehicle charging networks but also from nonmarket mechanisms such as subsidies and tax or administrative solutions. It turns out that these are important elements that influence the final shape of a country’s market. This article analyses the current situation on the electric car market taking into account the legal, administrative, and tax conditions that affect the final number of vehicles and the infrastructure necessary for the operation and use of electric cars in selected Asian countries.

Suggested Citation

  • Krystyna Gomółka & Piotr Kasprzak, 2021. "Directions and Prospects for the Development of the Electric Car Market in Selected ASEAN Countries," Energies, MDPI, vol. 14(22), pages 1-16, November.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:22:p:7509-:d:676060
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    References listed on IDEAS

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    1. Martin Schröder & Fusanori Iwasaki & Hideo Kobayashi & Makoto Anazawa & Akiko Ishioka, 2021. "Promotion of Electromobility in ASEAN: States, Carmakers, and International Production Networks," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2021-RPR-03 edited by Martin Schröder & Fusanori Iwasaki & Hideo Kobayashi, July.
    2. Jui-Che Tu & Chun Yang, 2019. "Key Factors Influencing Consumers’ Purchase of Electric Vehicles," Sustainability, MDPI, vol. 11(14), pages 1-22, July.
    3. Wen, W. & Yang, S. & Zhou, P. & Gao, S.Z., 2021. "Impacts of COVID-19 on the electric vehicle industry: Evidence from China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 144(C).
    4. Hardman, Scott & Chandan, Amrit & Tal, Gil & Turrentine, Tom, 2017. "The effectiveness of financial purchase incentives for battery electric vehicles – A review of the evidence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1100-1111.
    5. Kaoru Natsuda & John Thoburn, 2013. "Industrial policy and the development of the automotive industry in Thailand," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 18(3), pages 413-437.
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    1. Yu, Quanqing & Nie, Yuwei & Peng, Simin & Miao, Yifan & Zhai, Chengzhi & Zhang, Runfeng & Han, Jinsong & Zhao, Shuo & Pecht, Michael, 2023. "Evaluation of the safety standards system of power batteries for electric vehicles in China," Applied Energy, Elsevier, vol. 349(C).

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