Electric vehicles in Asia Pacific - Statistics & Facts

Throughout recent years, the electric vehicle industry across the Asia Pacific region has experienced huge developments. This is highlighted by the region having accounted for the largest share of battery electric vehicle sales worldwide. Additionally, Asia Pacific also recorded a higher growth than its western competitors with its electric vehicle sales. Sales of battery electric vehicles in the region have increased dramatically from 2010. Furthermore, it was estimated that China had the highest number of electric vehicles in use as of 2018 and was forecasted to continue to produce the most electric vehicles in the Asia Pacific region in 2022. Together with Japan and South Korea, these three Asian countries lead in the field of electromobility worldwide. While South Korea is strong in technology, Japan and China have a strong position in terms of production and market size.

China's electric vehicle industry started with two-wheeled electric vehicles before witnessing a strong growth throughout the past decade. However, from 2016 onwards the production volume of electric bikes and scooters started to decrease coinciding with the development and subsequent rise of electric cars. Japan and South Korea have also made valuable contributions to the two-wheeled electric vehicle industry. Although production levels have been lower than that of China, Japan’s production volume of electric bikes has in fact increased since 2016. In South Korea, the market share of electric bicycles was estimated to reach seven billion South Korean won by 2021. The electric vehicle industry has also made a strong entrance into India, in which the number of electric three-wheelers and auto rickshaws was projected to be over four million by 2030.

Consumers have reacted to the progression of the electric vehicle manufacturing market with enthusiasm. The main motivating factors to buy an electric vehicle appear to lie in increased safety standards and higher availability of charging points. In China, the number of publicly accessible fast chargers for electric vehicles is ever increasing. In South Korea, it was estimated that the number of charging stations will also increase exponentially by 2020.

Environmentally friendly technologies such as electric vehicles can reduce air pollution, which is especially crucial in the megacities of India and China. In 2016, the annual air pollution level of particulate matter was the highest in Delhi and Beijing. Inhaling the particles can cause serious health problems which can lead to disabilities and deaths. If Asia Pacific continues its development of electric vehicles, phasing out conventional cars as some countries are pursuing, then vehicle emissions could decrease dramatically. Thus, the air pollution and quality of life for many citizens across the region would improve.

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Electric vehicles in Asia Pacific

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