Cambodia is one of the fastest-growing economies in Southeast Asia, with an average annual GDP growth rate of 7.7% between 1995 and 2018. Rapid economic development, improved income, population growth, and rising rates of urbanization have contributed to a high demand for vehicle ownership in Cambodia. The overall objective of this study is to develop an investment project proposal that can facilitate the deployment of electric motorcycles (EM) in Cambodia and contribute to the reduction of GHG emissions in the transport sector. The key objectives are as follows:
- Undertake a market and technical assessment of EMs, reviewing existing EM companies in the market and their business models.
- Undertake an assessment of the education and public awareness-raising needs to understand public perceptions towards EMs and identify potential awareness-raising strategies.
- Conduct a comparative assessment of the economic, environmental, and social benefits of EMs and ICEMs.
- Undertake a policy and regulatory gap analysis to provide policy recommendations for the deployment of EMs.