Canada’s Significant Potential in Energy Transition could make Southeast Asia an Epicenter of Economic Growth

Canada has abundant resources in critical minerals, such as cobalt and lithium. Canada can support and collaborate in the region in developing certain fields such as the electric vehicle ecosystem.

ASEAN member states are in talks for developing a regional ecosystem of electric vehicles. Indonesia and other countries in the region share a common understanding on that matter.

Indonesia has a comparative advantage, or possibly a competitive advantage, in the electric vehicle field.

As one of the world’s largest economies, Southeast Asia should set its own standards for EVs.

Indonesia has proposed four main aspects under its “epicentrum of growth” pillar, one of which is energy security.

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