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Thailand’s EV industry growing rapidly

Green Car Congress

The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The new Mercedes facility is the third of its kind in Mercedes’ global battery production network, designed to produce plug-in hybrid automotive batteries. million units in 2018.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand. Three in four respondents said they were ready to switch to electric vehicles if taxes were waived.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. Some province-led support and investment also remains in place and plays an important role in China’s EV landscape.