Electric Vehicles and its Deployment in Asia Pacific Region

The number of quick public chargers for electric vehicles in China is steadily rising. By 2021, it is anticipated that the number of charging stations in South Korea will have increased exponentially.

FREMONT, CA : Throughout the Asia Pacific region, the electric vehicle industry has seen tremendous growth in recent years. This is exemplified by the fact that the area sold the most battery electric vehicles in the world. Besides, Asia Pacific's electric vehicle sales grew faster than those of its western competitors. In the region, sales of battery electric vehicles have increased significantly since 2010. Furthermore, China was predicted to continue to manufacture the most electric vehicles in the Asia Pacific region in 2022, with the maximum number of electric vehicles in operation in 2018. These three Asian nations-China, Japan and South Korea are world leaders in the area of electromobility. Though South Korea is technologically advanced, Japan and China dominate in terms of production and market share.

China's electric vehicle industry began with two-wheeled electric vehicles and has increased over the last decade. However, beginning in 2016, the number of electric bikes and scooters produced began to decline, coinciding with the growth and subsequent rise of electric cars. Japan and South Korea have both made significant contributions to the electric vehicle industry on two wheels. Despite having lower production levels than China, Japan's production volume of electric bikes has increased since 2016. Electric bicycles are expected to have a market share of seven billion South Korean Won by 2021 in South Korea. The electric vehicle industry has also made a strong entry into India, with projections of over four million electric three-wheelers and auto-rickshaws by 2030.

Consumers have responded positively to the advancement of the electric vehicle manufacturing industry. Increased safety requirements and increased charging point availability tend to be the primary motivators for purchasing an electric vehicle. The number of quick public chargers for electric vehicles in China is steadily rising. By 2021, it is anticipated that the number of charging stations in South Korea will have increased exponentially.

Environmentally friendly technologies like electric vehicles can help to reduce air pollution, which is particularly important in India and China's megacities. In 2016, Delhi and Beijing had the highest annual particulate matter emission levels. Inhaling the particles will result in severe health issues, including disability and death. Vehicle emissions could be reduced significantly if the Asia Pacific continues to build electric vehicles, phasing out traditional cars as some countries are doing. As a result, air pollution and the quality of life for many residents in the area will also increase.