Search results for: 'its investment'

This research analyzes the government regulations and policy for low-cost green cars in Indonesia, which form a part of the low carbon emissions (LCE) program. It discusses in detail the LCGC policies in Indonesia through executive summary, LCE program with overview, background, objectives, along with policy details. The future potential and challe...

This research service offers a detailed overview of the used and new car financing market in Malaysia. Auto finance is an essential instrument to support the automotive industry in the country. The study discusses the existing scenario of auto financing in Malaysia and offers a technical review of the industry—including yearly statistics trends and...

Micro mobility is a small vehicle that accommodates 1–2 passengers. At present, many micro mobility models are not allowed on public roads in Japan, as they do not fall under any existing vehicle category. However, social experiments are being conducted in many cities to test the feasibility and usage of micro mobility. This study explains the case...

16 Jul 2020  |  Asia Pacific  |  Market Outlook

Disruptive COVID-19 Challenging the ASEAN Automotive Market, 2020

Competitive Intensity Optimized by Positive Government Intervention to Accelerate the Growth of Sales and Production Investment in the Automotive Market

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In 2019, the Association of South East Asian Nations (ASEAN) sold a total of 3.5 million units of vehicles. It experienced a market decline of 2.9% year-on-year (YoY). The main reasons include the direct impact of global economic slowdown on automotive sales and the decline in sales due to the election in Indonesia, which is the leader in ASEAN, wi...

This market insight offers an analysis of the evolution of autonomous vehicles (AVs) in Asia-Pacific. It discusses key developments in AVs in Asia-Pacific countries, such as Japan, South Korea, Singapore, and China, from 2013 to 2030. The insight also assesses original equipment manufacturer (OEM) and government efforts for AVs, trials for AVs for ...

This research service analyzes the Taiwan market for two wheelers, covering both internal combustion engine (ICE) and electric two-wheeler (e-2W) markets. It focuses on existing and future opportunities in Taiwan for ICE 2Ws and e-2Ws. ICE 2Ws and e-2Ws are compared based on maintenance, insurance, and fuel costs from 2016 to 2020. The forecast ...

This research service offers a profile of Grab in Southeast Asia with focus on Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company profile comprises achievements, recent developments, statistics and financials, platform strategy, service offerings, total workforce, decision-making hubs, the organiz...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Vietnamese automotive market. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-party so...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...