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Annual ownership cost of ICE vehicles and battery electric vehicles (BEV) in Southeast Asia in 2020, by vehicle type (in U.S. dollars)

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Release date

March 2021

Region

Asia

Survey time period

2020

Special properties

includes vehicle cost, taxes, energy costs, and maintenance costs

Supplementary notes

Costs are calculated for comparable ICE and BEV models that are currently in use in Southeast Asia.

An internal combustion engine (ICE) vehicle is a vehicle that uses conventional fuels such as gasoline and diesel.

Citation formats

Annual ownership cost of ICE vehicles and BEVs SEA 2020, by vehicle type

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 21, 2021
In 2020, the annual cost of owning a medium passenger car with an internal combustion engine (ICE) in Southeast Asia was estimated at over *** thousand U.S. dollars, including the vehicle cost. In comparison, the annual cost of owning a medium passenger battery electric vehicle (BEV) in Southeast Asia was estimated at nearly *** thousand U.S. dollars in 2020. On the other hand, the cost of owning a battery electric scooter was lower than owning an ICE scooter in Southeast Asia in 2020.
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