ASEAN EV market to hit 2.7 billion USD by 2027: Malaysia’s minister

ASEAN EV market to hit 2.7 billion USD by 2027: Malaysia’s minister

The ASEAN electric vehicle (EV) market is projected to reach 2.7 billion USD by 2027, more than five times higher than 500 million USD in 2021, Malaysian Minister of Investment, Trade and Industry Tengku Zafrul Abdul Aziz has said.