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Southeast Asia's EV race risks pricing out drivers
Nikkei Asia reports that the electric vehicle race in Southeast Asia may be leaving ordinary drivers behind, as competition among automakers pushes prices beyond what many consumers in the region can afford. The article highlights a tension between the industry's rapid expansion and affordability for mass-market buyers.
Why now: A major regional outlet is flagging growing concern that the EV boom in Southeast Asia is not delivering affordable options for everyday drivers.
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Evidence
- Southeast Asia's EV race risks pricing out drivers · Nikkei Asia
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