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News

EV-adoption optimisms and anxieties: the battery clock is ticking down…

By DigiconAsia Editors | Thursday, June 5, 2025, 5:20 PM Asia/Singapore

EV-adoption optimisms and anxieties: the battery clock is ticking down…

With global eco-sustainability treaties nearing deadlines, APAC consumers also need to weigh battery hazards, support gaps, and long-term ownership concerns.

Across the Asia Pacific region, the electric vehicle (EV) revolution is gaining momentum, but the road to mass adoption is far from smooth.

A recent Singapore-centric poll commissioned by vehicle insurer Income had zoomed-in on the small nation’s incentives and barriers to EV switchovers, examining trends such as gender preferences for supporting sustainable vehicles; demand for EV-specific insurance coverage; and the impact of generational groupthink on early EV adoption.

Are the same factors echoed across cities ranging from Kuala Lumpur to Jakarta and Manila? The answer is as complex as the region’s geographical and socio-economic makeup. Across APAC, the top barriers to EV adoption mirror Singapore’s experience but with localized variations.

Are the same factors echoed across cities ranging from Kuala Lumpur to Jakarta and Manila? The answer is as complex as the region’s geographical and socio-economic makeup. Across APAC, the top barriers to EV adoption mirror Singapore’s experience but with localized variations.

  • Cost remains the foremost concern: In Malaysia, for example, the high upfront price of EVs coupled with limited model availability keeps many consumers hesitant. Most EVs are imported and priced at a premium, making them less accessible to the average buyer. Similarly, in Indonesia’s capital Jakarta, studies show that expensive vehicle prices, insufficient government policies, and limited infrastructure are key obstacles slowing EV uptake.
    Despite growing government incentives, the higher upfront price of EVs compared to traditional cars remains a major deterrent, especially for middle-class buyers in South-east Asia. In markets such as Indonesia and Malaysia, the lack of affordable models — most imports are European or Japanese and command a premium — means many consumers still see EVs as a luxury purchase.
  • Charging infrastructure is another shared challenge. Malaysia had around 2,600 public charging stations as of July 2024, heavily concentrated in urban centers such as Kuala Lumpur, with ambitious plans to expand the number to 10,000 by this year. Meanwhile, sprawling megacities such as Manila and Jakarta face acute “range anxiety” due to sparse and unevenly distributed charging points, complicating daily EV use. The scarcity of reliable charging options in both urban and rural areas remains a critical bottleneck across the region.
  • Additional concerns include battery life and replacement costs, which weigh on consumers’ minds in more developed markets like Malaysia and especially Singapore, where buyers worry about the long-term value and maintenance expenses of their super high-depreciation vehicle and parts.
    Insurance products tailored to EVs are still evolving, adding uncertainty for potential buyers. In the Philippines, issues around vehicle quality, durability, and lack of credit support further dampen demand.

Despite, or because of these hurdles, governments across the region are ramping up incentives, infrastructure investments, and local manufacturing initiatives to accelerate EV adoption, hoping to turn early adopters’ optimism into a mainstream movement.

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