#2-11 Overview of the state of electric vehicle (EV) adoption and future outlook in both India and the Southeast Asian (ASEAN) region through 2035.

They highlight the unique challenges and opportunities each area faces, including the varying pace of the global CASE trend driven by specific socioeconomic factors and infrastructure conditions. The text emphasizes that while governments in both regions are actively promoting EV growth with policies and incentives, significant hurdles remain, particularly regarding charging infrastructure development, the high initial cost of EVs, and establishing robust domestic manufacturing and supply chains. Despite these obstacles, the sources anticipate substantial market expansion and increasing EV penetration in both India and ASEAN by 2035, although progress is expected to be uneven across different vehicle segments and within the diverse ASEAN countries.

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