Efforts to keep out foreign players also boost Vietnam domestic champion VinFast
Tata is keeping the price of its revamped Punch EV low by allowing customers to pay for the battery as they go. (Tata Motors)
TAKANORI OKABE, YUJI NITTA and TOMOYOSHI OSHIKIRI
MUMBAI/HANOI/JAKARTA — Protectionist policies in India, Vietnam and elsewhere in Asia have opened the doors for local players to enter the electric vehicle market and capture a large share of domestic demand, leaving giants like BYD and Tesla facing high hurdles and once-dominant Japanese automakers lagging behind.
