Once in its infancy, Myanmar’s electric vehicle (EV) industry is steadily developing. The National Level Electric Vehicle and Related Industry Development Steering Committee released an updated list featuring 87 licensed companies as of May 2025.
For reference, Myanmar spent about 1 to 1.5 percent of its GDP on transport infrastructure between 2005 and 2015. As part of Myanmar’s Sustainable Development Policy 2018-30, transport infrastructure development is a prioritized area. The third goal in the report relates to creating jobs and boosting the economy with the help of the private sector.
At the national level, this will also need the total production of the sub-sector to estimate its energy consumption. In conclusion, the national production or gross value added of the sub-sectors is very important in estimating the total energy consumption of Myanmar industries. The parking lot survey was conducted in several areas of Yangon.
The latest additions emphasize critical pillars of Myanmar’s green mobility agenda, including charging station development and e-bus services. This development provides a clear indication of interest for foreign investors: Myanmar’s EV market is no longer nascent.
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