PUBLISHED : 21 Aug 2023 at 05:28
Electric vehicle (EV) sales are expected to reach a target of 50,000 units this year despite weak purchasing power, high household debt and banks’ stricter auto loan criteria, says the Thailand Automotive Institute (TAI).
Last year, local EV sales tallied roughly 20,000 vehicles.
EVs remain popular partially because of the government’s incentive…
