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Thailand car makers are ramping up the production of electric vehicles after the Thailand Board of Investment approved new electric vehicle projects. The 24 projects allow car makers to produce electric vehicles of all types, including hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles. BOI data shows that these types of EVs will have a combined capacity of 500 units per year. The onging shift towards EVs in the regional, domestic, and global markets, as Thailand relying on its strong automotive and support sector foundations. The government is also proposing comprehensive investment incentives to attract car makers […]

The story The latest on EV production in Thailand as seen on Thaiger News.

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