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Thailand's Ministry of Transport is proposing an 80% annual vehicle tax cut for new factory-built EVs and expanding the trade-in scheme to taxi fleets—targeting 300,000 additional EVs.

Indonesia’s sovereign wealth fund Danantara is planning to invest $30 billion to export solar power to Singapore, but progress may hinge on overcoming persistent financing challenges.

Volatility in global energy prices is underscoring the economic appeal of rooftop solar across Southeast Asia. In Singapore, solar providers report a surge in residential inquiries and faster decision-making among homeowners.

Vietnam’s energy storage sector is drawing growing corporate interest. However, as of early 2025, Vietnam had installed less than 100 MW of BESS, against a revised PDP8 target of 10,000 to 16,300 MW by 2030.

Malaysia's EV registrations hit 4,352 units in February 2026—up 58%—but local content sits at just 20–30% versus Thailand's 40% requirement. BYD is reconsidering its assembly plans after MITI imposed an 80% export quota and MYR 100,000 price floor.

This week in ASEAN, sustainability developments reflected rising energy security pressures alongside policy recalibration and accelerating industrial transition.

Vietnam wants to open its first nuclear power plant by 2031, but experts question the timeline and villagers fear for their livelihoods.

Hanoi will launch a pilot low-emission zone (LEZ) on July 1, aiming to curb air pollution, ease congestion, and accelerate the transition to green mobility by restricting petrol-powered motorcycles and certain high-emission vehicles in central areas.

Research by the Center of Economic and Law Studies (Celios) and Greenpeace shows the number of villages across Indonesia using solar energy among households declined by more than a quarter between 2021 and 2024.

Enterprise Singapore's updated sustainability playbook sets 2030 targets of 15–25% energy and water intensity cuts for the sector's 1,500+ companies, whose SGD 11.2 billion in sales are 65% export-dependent.

Baker McKenzie advisors say energy and power reliability are now board-level M&A considerations for Taiwanese companies expanding in Vietnam, Thailand, and Malaysia—with deal structures being rewritten to absorb fuel price volatility.

Energy prices and access to electricity are increasingly becoming key considerations for companies when selecting data center locations.