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The electric vehicle (EV) market in Southeast Asia is undergoing rapid expansion, with Ernst & Young Global Limited forecasting that annual EV sales in the ASEAN six countries could reach 8.5 million units by 2035.

To reduce the reliance on Liquefied Petroleum Gas (LPG), the Indonesian government implemented a program that offer free energy-efficient electric cookers last year. The initial target was to distribute 500,000 sets of rice cookers.

The European Chamber of Commerce in Vietnam in its latest annual "White Book" highlighted that a significant number of global corporations in Vietnam express their hope to purchase green power directly from generators through the DPPA.

Local governments in the Philippines are promoting green energy and sustainable development. The Iloilo City government has tapped solar power to meet at least one-third of its around 200 KW daily demand.

Prasarana Malaysia Bhd will cease placing orders for diesel-fueled buses as part of efforts to increase the adoption of electric buses. Transport minister Loke Siew Fook said the final batch of diesel buses is expected to be delivered in 2025.

Ninh Thuan is a focal point for renewable energy development in Vietnam. The local government announced its budget and development direction on Monday, revealing plans for the construction of six wind power projects and two hydropower projects.

The Thai Ministry of Industry is currently amending the Factory Act, and starting as early as this year, rooftop solar installations with a capacity exceeding 1MW will no longer require obtaining a factory license.

Indonesian President Joko Widodo visited Vietnam’s automaker VinFast’s factory on Jan 13 and said that he would create the necessary conditions for the EV maker to be able to quickly build a plant and invest in Indonesia.

The public hearing on the Energy Ministry’s Utility Green Tariff (UGT) project is expected to be held this month, with the tariff anticipated to be implemented in February, as announced by Thailand’s Energy Minister Pirapan Salirathavibhaga on Jan 15.

The world's biggest Consumer Electronics Show (CES 2024), focused on artificial intelligence and electric vehicles this year. VinFast, known as the “Tesla of Vietnam”, introduced three vehicles, including electric SUV, pickup truck, and electric bike.

The Bezos Earth Fund, a philanthropy funded by Jeff Bezos in 2020 with a commitment of $10 billion to tackle climate change, announced on Jan 10 that a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions.

Indonesia’s Financial Services Authority (OJK) is optimistic that carbon exchange will continue to grow in 2024. As of Nov 30 in 2023, the trading volume on IDX Carbon reached 494,000 tons of CO2e, with a transaction value of IDR 30.91 billion.