In December 2023, the EV stock was just 1,489 vehicles (MPWT, 2024). The hybrid EVs (HEVs), that combine an internal combustion engine (ICE) with an electric motor, have seen more significant adoption in Cambodia compared to fully electric cars. Hybrid vehicles account for about 2%–3% of total new vehicle sales in Cambodia.
In 2023, electric cars made up less than 1% of the total vehicle market. According to Cambodia's Ministry of Public Works and Transport, approximately 400 to 500 electric cars were registered by the end of 2023, a small number compared to the overall vehicle fleet, which numbers in the hundreds of thousands.
In major cities, there are a relatively small number of public charging stations, but numbers are growing. Chinese automakers, including BYD and Great Wall Motors, have entered the Cambodian market, with the BYD e6 being a common model for commercial EVs.
The most popular EV brands in Cambodia include BYD, Toyota and Tesla (NASDAQ: TSLA), the report said. BYD entered the Cambodian market and opened its first passenger car sales center in Phnom Penh in 2020, introducing several NEV models.
2. THE EV POLICY IN BRIEF • Cambodia is undergoing an economic structural transformation towards higher value-added industries such as processing and manufacturing of
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The forecast section answers: How will the plug-in hybrid electric vehicles (phevs) market in Cambodia look like over the next five years in both value terms for each possible scenario? Short
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The plant will cover an area of 12 hectares with a total investment of $32 million. The first phase, which will mainly produce battery electric vehicles (BEVs) and plug-in hybrid electric vehicles
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Comprehensive analysis of Cambodia''s electric vehicle (EV) market, including market trends, policies, infrastructure, challenges, and opportunities.
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Historical Data and Forecast of Cambodia Automotive Electric Vehicle Market Revenues & Volume By Plug-in Hybrid Electric Vehicles (PHEVs) for the Period 2021-2031
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Preface As countries around the world accelerate their shift from internal combustion engine (ICE) vehicles to battery electric vehicles (BEVs) in pursuit of decarbonisation, the resulting
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This model allows BYD BYD-- to bypass high initial capital expenditures while accelerating time-to-market. With an annual capacity of 10,000 vehicles, the plant will initially focus
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The Cambodian Plug-In Hybrid Electric Vehicles (Phevs) Market Report Description This report presents a comprehensive overview of the Cambodian plug-in hybrid electric vehicles (phevs) market, the
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1. The Current State of the Electric Vehicles Market in Cambodia The adoption of electric vehicles in Cambodia has been increasing steadily. As of mid-2024, the country has registered 3,676
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BYD Cambodia has introduced a growing lineup of electric vehicles (EVs) and plug-in hybrids (PHEVs) designed to meet the diverse needs of Cambodian drivers. In 2025, the spotlight is
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