Thailand is accelerating its development of the electric vehicle (EV) industry!
Recently, Mr. Eknat Promphan, Minister of Industry, led intense negotiations with three Chinese giants—GAC Group, BYD, and Huawei—from March 4-7, 2025, to position Thailand as a global hub for EVs and cutting-edge technology.
Starting with GAC Group, Thailand reaffirmed its full support for EV manufacturing, especially in the Eastern Economic Corridor (EEC), where GAC has established a factory in Amata City Industrial Estate, Rayong. The government is also enhancing infrastructure and incentive measures.
For BYD, Thailand emphasized policies promoting new energy vehicles and is moving forward with a request to reduce excise tax by 4% to boost Thailand as a leading EV supply chain base. Efforts are also underway to develop skilled personnel and R&D for sustainable growth.
Regarding Huawei, Thailand praised the company’s 5G, AI, and green energy technologies and invited investment in data centers and workforce development aligned with the BCG (Bio-Circular-Green) economy and carbon neutrality policies.
This reinforces Thailand’s vision as the “Detroit of Asia” and marks a significant step toward becoming a leader in the electric vehicle and clean technology industries in the region, confidently embracing the global trends of 2025!
For additional information : Industrial Estate Authority of Thailand (IEAT)
Link : https://www.ieat.go.th
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