Southeast Asian e-mobility venture investment

[NOT MORE THAN 300 WORDS] South and southeast Asian energy consumption is expected to double between now and 2050, with electricity demand tripling. According to the IEA, by 2050, one-third of power generation in the region will be from renewable sources. India alone will need nearly 3 million public charging stations to support electric vehicle (EV) adoption targets by 2030

The region’s urban population is projected to grow by over 350 million people by 2030 and new city expansion projects like Indonesia’s new capital city, Nusantara, will be increasingly developed as ‘smart cities’.