Southeast Asia is the fastest-expanding EV market: CBRE

Ada Choi of CBRE says China has a transparent lead in EV adoption, the place the EV story has been enjoying out for a number of years. She notes that Southeast Asia is now the quickest increasing market, the place EV penetration is rising over 10% in key markets, as nearshoring, supply-chain buildup, and native manufacturing ecosystems in locations like Thailand and Vietnam speed up demand.