Electric vehicle market in Thailand - statistics & facts
Thailand aims to produce 100 percent of battery electric vehicles (BEVs) sold domestically by 2035. Could the death of internal combustion engines in Southeast Asia’s leading car producer come sooner than expected? The Thai government has set ambitious goals for the coming years in terms of electrification of its mobility industry and, as part of this, has implemented a number of incentives and policies, such as exemptions from excise taxes, to support this goal. The electric vehicle (EV) market in Thailand is still in its early stages of development, but it has the potential to grow significantly in the future.
