ASEAN for Business Bulletin June 2022: ASEAN as Market and Regional Manufacturing Hub for Electric Vehicle

In Focus: ASEAN as Market and Regional Manufacturing Hub for Electric Vehicle

With huge market size, wide-ranging government incentives, and advance trade facilitation initiatives, ASEAN’s potential to be the market and manufacturing hub for Electric Vehicle (EV) is promising. The ASEAN Secretariat spoke with Heo Junheang, Vice President of Sales Group Asia Pacific, Headquarters of Hyundai Motor Manufacturing Indonesia (HMMI), to encapsulate their experience in establishing and expanding HMMI’s EV business in ASEAN.
 
Read more about EV in ASEAN from this link.


Past Issues
April 2022 Issue (link)
RCEP further modernize the IP regime to enhance market confidence for business operating in the region. Learn more about the Intellectual Property Protection under the RCEP in this bulletin.

February 2022 Issue (link)
The world’s largest ASEAN-led Free Trade Agreement, the Regional Comprehensive Economic Partnership (RCEP), has entered into force on the 1st January 2022. The streamlined rules of origin (ROO) under the RCEP provides flexible options for the businesses to enjoy tariff concessions. Learn more about the competitiveness and benefits offered by the ROO under the RCEP in this bulletin.

July 01, 2022