1、Powering an affordable EV revolution in emerging AsiaThe$1.3 trillion opportunity for private capital to reshape the future of global transportResearch CommitteeNakul Zaveri,Partner and Co-Head of Climate Investment Strategy,LeapFrog InvestmentsSouleymane Ba,Partner and Co-Head of Climate Investment

2、 Strategy,LeapFrog InvestmentsDaniel Stacey,Head of External Affairs,LeapFrog InvestmentsMelissa Yeo,Content Manager,LeapFrog InvestmentsSteve Howard,Vice Chairman,Sustainability,TemasekSiddartha Bhattacharjee,Head,Mobility&Logistics;Managing Director,Portfolio Strategy&Risk Group,TemasekHarry Kim,V

3、ice President,Investment(Mobility&Logistics),TemasekTan Yan Zhen,Assistant Vice President,Investment(Mobility&Logistics),TemasekSuman Mishra,MD and CEO,Mahindra Last Mile Mobility LimitedAbanti Sankaranarayanan,Executive Vice President,Group Public Affairs,Mahindra GroupPulkit Khurana,Co-Founder,Bat

4、tery SmartSiddharth Sikka,Co-Founder,Battery SmartEditorialDaniel Stacey,Head of External Affairs,LeapFrog InvestmentsMelissa Yeo,Content Manager,LeapFrog InvestmentsCeline Koh,Assistant Vice President,Public Affairs,TemasekGraphic DesignQuirijn Schonewille,Designer,Instance Andrew McNaughton,Direct

5、or,Instance AcknowledgementsThis report was launched at Climate Week NYC in September 2024.All currencies are in USD unless otherwise indicated.2September 2024LeapFrog Investments,Temasek,Battery Smart,Mahindra Last Mile MobilityPowering an affordable EV revolution in emerging AsiaProfit with Purpos

6、e34September 2024LeapFrog Investments,Temasek,Battery Smart,Mahindra Last Mile MobilityTable of contents1Introduction p.62The climate case for an emerging market electric mobility revolution p.83The investment opportunity for an emerging market electric mobility revolution p.144Case study:Mahindra L