China's Growing EV Influence Around Asia Highlighted At San Francisco's APEC Summit

The 2023 APEC Summit held in San Francisco last week marked a pivotal moment in the region's commitment to transitioning towards a sustainable transportation future. CleanTechnica sources at the San Francisco APEC Summit said that the ministerial meeting for transportation and energy mentioned a 2021 MOU between China and Thailand which focused on EV research and development, manufacturing, and marketing. To ensure seamless integration and compatibility across APEC economies, ministers agreed upon a set of principles to guide the development of EV standards. Recognizing the importance of a robust EV supply chain, APEC countries launched a new initiative aimed at cultivating the necessary skills and expertise for EV manufacturing and maintenance. To support the growth of the EV sector, APEC leaders called for increased public and private investment in EV infrastructure and technology. These initiatives include: 1) promoting the development of EV standards and regulations, 2) supporting the development of EV charging infrastructure, 3) encouraging investment in EV technology, and 4) fostering cooperation among APEC economies on EV development. The APEC Electric Vehicles Roadmap is a significant step forward in promoting the adoption of EVs in the APEC region.