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Monday, May 13, 2024

EV outlook more than just numbers

Mr Krisda wants EV promotion and preparation for its impact on the oilpowered car industry to go together.

Hailing 2020 as a “great year” for electric vehicle (EV) sales in the global market, Krisda Utamote, president of the Electric Vehicle Association of Thailand (EVAT), is eager to see a similar growth in Thailand with the spotlight on the EV industry.

But a focus on EV numbers alone is not enough as the state and private sector need to work on building an environment conducive to EV development, covering incentives for more production and purchases as well as bracing for the impact on internal combustion engine-based (ICE) product lines, he said.

“Thailand recorded EV registrations totalling 100,000 units, but the numbers are still far behind the target,” said Mr Krisda.

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