The Ministry of Public Works and Transport (MPWT) registered 2,253 electric vehicles (EVs) in 2024, representing a 620 percent increase from 313 in 2023.
The ministry's report indicates that China's BYD leads the EV market in Cambodia, followed by Japan's Toyota and America's Tesla.
The spokesperson for the ministry, H.E. Phorn Rim, has stated that the popularity of EVs has grown significantly in Cambodia and that this growth is part of a remarkable global trend. He further commented that:
"the increase in EV usage aligns with a rapidly accelerating global trend, and Cambodia is witnessing a parallel development of its own EV sector."
The utilisation of EVs has been identified as a pivotal factor in the reduction of carbon dioxide emissions from petrol-powered vehicles. In addition, EVs have been demonstrated to offer financial savings in fuel costs due to their low or zero emissions.Cambodia currently has 21 EV charging stations, as highlighted by the ministry. The Royal Government has expressed its commitment to achieving 40 percent of electric cars and urban buses, and 70 percent of electric motorbikes by 2050, with the objective of reducing carbon emissions.
According to the National Policy for the Development of EVs in Cambodia, the cost of using an EV for 100 kilometres is 9,633 Riel (US$2.34), whereas the cost of using a petrol or diesel car is 35,723 Riel (US$8.69).
The ministry also registered 413,067 gasoline-powered vehicles last year, of which motorcycles accounted for the largest share with 353,603 units, followed by light vehicles with 54,692 units and heavy vehicles with 5,841 units.
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