Yosa said that the alternative fuel-based segment such as NGV and biofuel are currently constrained by the government's support in terms of regulations and fuel infrastructure. With strong support, this segment could have high growth potential.
"High technology-based segments (advanced engines and hybrids) are primarily driven by the supply side (the automakers). However, any penetration action will require large investment and commitment, as market demand will only grow slowly while becoming familiar with the new technology," she added.