The ASIA Pacific region is becoming increasingly important for the Automotive and Mobility industry, especially for suppliers.
We forecast also potentials at Chinese, Korean and Japanese OEMs and describe the ASEAN region as relocation hub for certain value chains.
Chinese OEMs enter ASIA Pacific for example via Thailand, a Korean OEM is already strong in India and moves into Singapore. Others will follow soon.
Particularly electrification of Two- and Three-Wheelers is booming.