Ms Phonepasong MIXAB, Co-founder & CEO of LOCA

(KPL) Laos is currently adding 500 EVs every month and likely to install even more. To support this growing fleet and public EV usage, LOCA has established itself as the leader in the EV charging market, capturing over 80% of all EV drivers in the country. With 24 charging stations already in operation across the country, LOCA aims to increase this number to 40 by the end of 2024.

The LOCA has received funding from the Asian Development Bank (ADB) through ADB Frontier, with support from USAID to expand its electric vehicle (EV) fleet and its EV charging network across the country.

“We are thrilled to receive this funding from ADB Frontier, supported by USAID, which will accelerate our efforts to create a sustainable and innovative mobility ecosystem in Laos,” said Ms Phonepasong MIXAB, Co-founder & CEO of LOCA. “The support underscores the confidence that ADB and USAID have in our vision and our ability to drive positive change in the transportation sector.”

LOCA has been at the forefront of the e-mobility revolution in Laos. Starting with just 40 EVs in the country, LOCA has grown exponentially, now operating with a robust fleet of 1,000 drivers, including 600 EV drivers and 150 female drivers. LOCA’s ambitious goal is to achieve 100% EV integration by 2030, with a policy to cease accepting internal combustion engine (ICE) vehicles after 2025.

LOCA’s journey towards e-mobility began with a strong commitment to sustainability and innovation. The company is dedicated to providing eco-friendly transportation solutions and contributing to the reduction of carbon emissions in Laos. The funding from ADB Frontier will be instrumental in scaling these efforts, ensuring that more EVs and charging stations are available to meet the increasing demand.

KPL