Market demand within the country has also seen significant growth as a result of the supportive measures, including tax incentives, implemented by the government, deputy government spokesperson Trisulee Trisaranakul said.
According to the Federation of Thai Industries (FTI), during the first five months of this year, the number of registered battery electric vehicles (BEVs) in the country reached 33,365, representing a nearly five-fold increase over the same period last year.
Most of the registered vehicles are passenger cars (24,021), followed by motorcycles (8,262), buses (836), three-wheelers (123), trucks (81), and pickups (42). As of May 31, the accumulated total of registered BEVs in Thailand stood at 65,333, according to the FTI.
The government’s supportive measures and market growth have instilled confidence in investors, leading them to consider Thailand as a production…
