REGULATIONS: ASEAN makes push to become global EV production hub

People walk past parked electric vehicles deployed for the Group of 20 Summit in Nusa Dua, Bali, on Nov. 12, 2022.(AFP/Bay Ismoyo)

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ASEAN leaders have agreed to cultivate the development of the electric vehicle (EV) industry in the region with hope of one day serving not just the regional market but the rest of the world as well.

The bloc’s leaders wrote in a recent declaration that they were committed to supporting the adoption of EVs and improving the state of the industry in each member state. This included creating a conducive business and investment environment.

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Concluding the ASEAN summit in Labuan Bajo this week, President Joko “Jokowi” Widodo said the declaration marked an important step in the region’s economic cooperation.

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Aditya Hadi (The Jakarta Post)

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