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Friday, May 3, 2024

Production of EVs to spur linked sectors

Thailand’s smart electronics and information technology (IT) industries are expected to grow rapidly next year as global electric vehicle (EV) manufacturers start production in the country, says the Office of Industrial Economics (OIE).

EV manufacturing should increase demand for electronics and IT products, which are crucial for EV assembly, said director-general Warawan Chitaroon.

EV manufacturers are expected to start producing cars in the first quarter of 2024.

“The government expects high growth potential in the EV, IT and smart electronics industries,” said…

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