๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ญ ๐จ๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ
๐๐๐ฌ๐ญ ๐จ๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ is predicted to reach USD 11.76 billion with a CAGR of 15.9% till 2030. The Rest of Asia Pacific consists of Indonesia, the Philippines, Malaysia, and others. Business expansions by key players including Tesla in Indonesia drive the market.
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
๐๐๐ฉ๐ข๐ ๐๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง : The APAC region, particularly countries like China, Japan, South Korea, and India, is witnessing rapid adoption of electric vehicles. China is leading the global EV market, but countries such as India and Southeast Asian nations are also accelerating EV adoption, spurred by government incentives and increased consumer demand.
๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ & ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ : Many APAC countries are setting ambitious targets for EV adoption, including subsidies, tax incentives, and regulations mandating a shift toward cleaner mobility. For instance, China plans to have 20% of all new car sales be electric by 2025, while India has set a target to have 30% of vehicles on the road be electric by 2030.
๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฌ : The rise in electric vehicle production directly increases the demand for batteries, particularly lithium-ion batteries, which are used in electric cars, buses, and two-wheelers. This trend is driving battery manufacturers to scale up production capacities.
https://www.nextmsc.com/report/rest-of-asia-pacific-battery-market ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ญ ๐จ๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ
๐๐๐ฌ๐ญ ๐จ๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ is predicted to reach USD 11.76 billion with a CAGR of 15.9% till 2030. The Rest of Asia Pacific consists of Indonesia, the Philippines, Malaysia, and others. Business expansions by key players including Tesla in Indonesia drive the market.
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
๐๐๐ฉ๐ข๐ ๐๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง : The APAC region, particularly countries like China, Japan, South Korea, and India, is witnessing rapid adoption of electric vehicles. China is leading the global EV market, but countries such as India and Southeast Asian nations are also accelerating EV adoption, spurred by government incentives and increased consumer demand.
๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ & ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ : Many APAC countries are setting ambitious targets for EV adoption, including subsidies, tax incentives, and regulations mandating a shift toward cleaner mobility. For instance, China plans to have 20% of all new car sales be electric by 2025, while India has set a target to have 30% of vehicles on the road be electric by 2030.
๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฌ : The rise in electric vehicle production directly increases the demand for batteries, particularly lithium-ion batteries, which are used in electric cars, buses, and two-wheelers. This trend is driving battery manufacturers to scale up production capacities.
https://www.nextmsc.com/report/rest-of-asia-pacific-battery-market