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Automobiles

Southeast Asia on cusp of EV revolution as local production begins

Chinese and South Korean automakers zoom past Japanese rivals on electrics

A Good Cat electric vehicle by Ora, a brand of Great Wall Motor, is displayed at the Bangkok International Motor show.    © Reuters

BANGKOK/MANILA -- The electric vehicle market is taking off in Southeast Asia as automakers plan to start production in at least three countries this year, a key step toward making the cars more affordable to the region's consumers.

Many of these companies are based in China and South Korea, while Japanese automakers -- which now account around 80% of new-car sales in Southeast Asia -- fall behind.

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