CosmicTaco

Indian EV Giants Eye Southeast Asia Market

CosmicTaco · 2025-02-03T09:39:03.645712+05:30

- India's EV firms like Kazam, Zypp, and Exicom are entering Southeast Asia, targeting a market projected to generate $80-100 billion annually by 2035. - Despite competition from Chinese and local players, Indian companies see a first-mover advantage in the region, bolstered by favorable government policies. - Partnerships are key, with Kazam already collaborating with Petronas in Malaysia and exploring deals with ride-hailing firms in Indonesia. Source: [Tech in Asia](https://www.techinasia.com/indian-ev-players-plugging-sea-opportunity?ref=featured-subex-bottom)

India's EV firms like Kazam, Zypp, and Exicom are entering Southeast Asia, targeting a market projected to generate $80-100 billion annually by 2035.
Despite competition from Chinese and local players, Indian companies see a first-mover advantage in the region, bolstered by favorable government policies.
Partnerships are key, with Kazam already collaborating with Petronas in Malaysia and exploring deals with ride-hailing firms in Indonesia.

Source: Tech in Asia