China is the market for vehicle makers around the world.
Sinkieland is just a minnow in the eyes of China as far as EV
popularity is concern.
If you talk about Indonesia, that is a
big matter. With a population of more than 284 million, that is not a
small market to sniff at. Sure, Indonesia is still relatively poor and
developing, but it is rising in the world in terms of affluence and the
market is going to grow with it just like in Africa. Moreover, EVs are
much cheaper than ICE vehicles however you look at it. China is also
making electric motorcycles that should catch on in countries like
Indonesia, Vietnam and other Indochina countries. Not to forget about
Africa.
If the war in the Middle East escalated and Iran joins
the war and if Israel does attack Iran's oil installations, that is
going to result in oil reaching for the sky. And that scenario is going
to make EVs a no brainer adoption in many countries without oil. And who
is going to laugh all the way to the bank?
Anonymous
35 countries representing 5 billion people attended the BRICS Summit in Russia.
ReplyDeleteTiny Singapore is ostracised because it hastily imposed unilateral sanctions on giant Russia without UN General Assembly. Thanks Vivian !!
Just think, Malaysia, Thailand, Vietnam and Indonesia are going to be in BRICS. Red Dot is in the Middle. We are screwed going forward.
ReplyDelete