28 Apr '14, 4am

The different green car policies across ASEAN create unique combinations of market “push” and “pull,”...

The different green car policies across ASEAN create unique combinations of market “push” and “pull,”...

Frost & Sullivan put forward a good example of how policies and green cars go hand in hand, but also how neighboring countries can go different ways. The different green car policies across ASEAN create unique combinations of market “push” and “pull,” dramatically impacting demand patterns and opportunities for future growth, said Frost & Sullivan. Dushyant Sinha, associate director, Automotive Practice, Asia Pacific at Frost & Sullivan stated that the 3 biggest automotive nations in ASEAN – Thailand, Malaysia and Indonesia – have all embarked on “low emission, high mileage” vehicles. He also added that the policy approach and focus are significantly different. The Thai Eco Cars have stringent product and investment requirements, whereas Malaysian EEVs cover the widest possible range of segments and vehicles. While Thailand provides a bouquet of incentives across income ta...

Full article: http://www.hybridcars.com/policies-shape-green-cars-and-t...

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