The Southeast Asian automotive market experienced significant growth in the second quarter of 2026, driven largely by accelerating demand for electric vehicles (EVs). Indonesia led the surge with a 34% increase in car sales, reflecting a regional trend that also benefited Malaysia, Thailand, and Vietnam.

China’s BYD, a major player in the EV sector, unveiled a new plug-in hybrid model at a prominent auto show held in Jakarta from July 30 to early August. This launch underscores BYD’s expanding market share in the region as Chinese automakers diversify beyond battery electric vehicles to attract consumers concerned about charging infrastructure and long-distance travel.

Meanwhile, Vietnam’s VinFast has made notable sales gains, helping the country reach parity with Thailand in terms of automotive market performance.

This growth highlights the rising influence of EVs in ASEAN countries and the shifting dynamics of the regional auto industry.

Source: Nikkei Asia

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