DFDL Myanmar Legal Update: Myanmar’s EV Sector Continues to Grow in 2025 as Newly Licensed Companies Enter the Market

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. This expanding list underscores growing interest and investment in the sector, with four new companies joining this year alone.

The updated list includes companies engaged in a broad spectrum of EV-related activities such EVs and EVs related parts, charging infrastructure, and electric bus (e-bus) transport. The latest additions emphasize critical pillars of Myanmar’s green mobility agenda, including charging station development and e-bus services.

 

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