China Has Been Setting the Pace, with Evs Forecast to Make Up Around 45% of New Vehicle Sales this year .³ EV Makers are obcreasingly on sound on sound and Heast Asia, where a gerying middle class is coming of aging as government regulation, FISCALPOLICY, and Ambitions to Move up the manually, Annual Growth Rate of the EV Market in the Six Biggest Asean Economies at 16-39% Between2021 and 2035, With Annual Sales Reaching USD100 Billion by 2035.⁴

This rapid Grow is an oppointunity for development Markets to leapfrog Legacy TechnologyUdabur Stock. t to more than double to 2.5 billion by 2050, with most of the geom deverting markets.⁵

Asia's Diverse Range of Policy Frameworks, Infrastic Readiness and UNEVEN Wealth Distribution of Mobility Will Follow T Paths in Individual Markets. Two-And Three-Whelers and Public Transport Will Continue to Lead in Some Markets; Private Cars and Commercial Fleets In Others. Vietnam, for exmple, is the world's second-largest Market for Electric Two-WHEELERS (E2WS), According to HSBC Global Research, Which Projects Annual E2WS and Electric Car Sales Could Rise from Less thanby 2036.3

For BusinessSses looking to Pivot Towards The Ev Sector, as well as aSTOSE Looking to Enter the Market, The optionunity encompasses all aspects of the EV Revolution, Not only all along the innovation, support chain and distribution networks, but all in ancillary sectors, suchAs Software, Automation, Charging, and Grid Infrastic Or Ride Share and Rider Experience Applications.

Sustainability Will be a key considitive for businesssSesses at every part of the value chain. WHILE BATTTERY-only EVS HAVE A LOWER OVERALL Than Hybrid or C C ombustion -ngine models, ⁷ manUFACTURERS FACE MOUNTING PRESSURE to Reduce the Environmental Impact of their Production. EVSRequire Far More Copper, LITHIUM, Nickel, and Graphite Than Conventional Cars, ⁸ and the excelction of the Critical Battery Minerals Can Hign ENV ENV Ironmental Toll. Upstream business that can demonstrate a strong focus on Sustainability and Lower Carbon Innsity may bePlaced to server the geowing ev market.Jaipur Investment