Thailand’s EV Output Soars as Incentive Deadlines Near

Federation of Thai Industries (FTI) reported that Thailand’s electric vehicle production has surged sharply as automakers rush to meet government deadlines under a national incentive scheme. The spike reflects a major push to localize EV manufacturing after earlier years of tax-free imports.
 
The momentum is being driven by the EV3.0 program, which requires companies that previously brought in fully built EVs to now offset those imports by assembling more vehicles locally. As deadlines approach, manufacturers have accelerated production lines across the country.
 
This production rush comes alongside strong demand at home. Sales of battery electric vehicles continue to rise rapidly, helping lift overall vehicle sales despite a softer outlook for conventional models.
 
The shift highlights a broader transformation of Thailand’s auto industry, with factories increasingly retooled for EV assembly and passenger vehicles taking a larger share of the market.
 
While traditional engine exports have shown signs of slowing, the EV boom is positioning Thailand as a growing hub for electric mobility in the region, signaling a faster transition toward a cleaner and more future-ready automotive sector.
 
 

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