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Myanmar has started producing and selling new-energy vehicles, including hybrid electric automobiles, in order to cut carbon emissions and safeguard the environment. Following the country’s economic and political reforms, demand in Myanmar is predicted to skyrocket.
The Myanmar Electric Car Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
The KSDV1-NE2 Model, a Chinese high-tech electric automobile, was erected in Thadukan industrial zone, Shwepyitha Township, Yangon Region, as a symbol of Myanmar-China friendship.
Those autos will be sold in Yangon.The first electric automobiles manufactured in Myanmar with technology from the People’s Republic of China are intended to be accessible to Myanmar citizens. An electric car’s battery can be simply recharged wherever electricity is available.
A fully automated system could charge the car battery. It also has the potential to lower the cost of fuel oil. There is no sound or smoke coming from the vehicle. As a result, the environment has been conserved.
On a single charge, the KSDV1-NE2 electric car can travel up to 800 kilometres. It has a top speed of 80 kilometres per hour and can seat up to five persons.
The car is equipped with an electronic charger engine machine with a capacity of 796 CC, which may be utilised to swiftly replenish the battery using gasoline while on the road. A Yangon licence number is assigned to these hybrid electric vehicles (KSDV1-NE2).
Nissan Motor Co., Ltd. has announced that, in collaboration with Tan Chong Motor Group, it will begin building new automobiles in Myanmar this year. Plans for a new manufacturing facility in the Bago region of the country are on track.
Nissan was the first company to introduce a zero-emission vehicle, the Nissan LEAF, and it continues to be a leader in this field. The LEAF, the world’s first mass-market pure-electric vehicle, is now one of the best-selling EVs ever.
