Nex Point, a SET-listed local assembler of commercial electric vehicles (EVs), is forecasting sales to hit 5,556 units by the end of 2024. This projection stems from an increased demand from businesses operating in the transport and logistics industries.
A rise in such interest is tied to these sectors’ growing commitment to lower carbon emissions. Between January and September of the previous year, Nex Point recorded sales of 3,000 units, driven primarily by corporate strategies to cut carbon emissions from their vehicle fleets.
The shift towards battery-powered vehicles is evident, even in the face of government subsidies for diesel prices. This observation was made by Khanist Srivajiraprabha, founder and chief executive of Nex Point. The firm produces buses, pickups, and tractor units at its manufacturing facility located in the Ban Pho district of…
