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FTI members keen to reach EV goal early

FTI members keen to reach EV goal early

Majority believe ‘sooner is better’

People browse cars during the 2021 Bangkok International Motor Show at Impact Challenger Hall in Muang Thong Thani. (Photo by Varuth Hirunyatheb)

Most executives belonging to the Federation of Thai Industries (FTI) want the government to achieve an electric vehicle (EV) production goal before 2025 despite the state’s latest move to adjust its plan to produce more EVs ahead of its original schedule, according to an FTI survey.

The National New Generation Vehicle Committee last month approved the private sector’s proposal to speed up the EV production plan, setting a goal to have every EV sold in Thailand produced locally by 2035, five years earlier than its original plan.

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