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News Forum - Electric vehicles to hit the accelerator this year, says FTI


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The Federation of Thai Industries (FTI) predicts a bold future for Thailand’s electric vehicle (EV) industry, unlike the International Monetary Fund which believes the kingdom is heading for a recession. The FTI reckons the EV industry will hit the accelerator this year and sell between 25,000, to 35,000 cars, reports Bangkok Post. But, to achieve that target the EV industry will need to resolve the semiconductor conundrum. There is a worldwide shortage of semiconductors exacerbated by a political game of cat and mouse between China and Taiwan. Taiwan is largely known as the semiconductor capital of the world. Unfortunately for […]

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