"We expect annual passenger EV sales to rise to 10 million in 2025, 28 million in 2030 and 56 million by 2040," he said. The country accounted for 60% of global EV sales in the fourth quarter of 2018 and half of global public vehicle-charging infrastructure. Founded in 2017 with a goal of 1,000 shared EV cars by 2020, it is on track to do so with more than 400 blue cars already deployed. BlueSG also aims to have 2,000 charging stations by 2020 to support shared EV cars. "This is a good development for private EV owners who can also use the charging stations for their cars," Mr Siew said.

Source: Bangkok Post July 01, 2019 00:39 UTC