Myanmar''s EV Sector Continues to Grow in 2025 as Newly
Once in its infancy, Myanmar''s electric vehicle (EV) industry is steadily developing. The National Level Electric Vehicle and Related Industry Development Steering
Once in its infancy, Myanmar's electric vehicle (EV) industry is steadily developing. The National Level Electric Vehicle and Related Industry Development Steering Committee released an updated list featuring 87 licensed companies as of May 2025.
At the national level, this will also need the total production of the sub-sector to estimate its energy consumption. In conclusion, the national production or gross value added of the sub-sectors is very important in estimating the total energy consumption of Myanmar industries. The parking lot survey was conducted in several areas of Yangon.
This development provides a clear indication of interest for foreign investors: Myanmar's EV market is no longer nascent. With clear regulatory frameworks, increasing private sector participation, and government support, Myanmar is fast becoming a regional hotspot for electric mobility and supporting industries. Newly Joined Companies in 2025
The latest additions emphasize critical pillars of Myanmar's green mobility agenda, including charging station development and e-bus services. This development provides a clear indication of interest for foreign investors: Myanmar's EV market is no longer nascent.
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