An EV model displayed at the 2021 Thailand International Motor Expo. Varuth Hirunyatheb
The lingering question following the launch of the government’s electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.
The government is betting these next-generation vehicles, which are kinder to the environment, will completely replace oil-powered cars, which have dominated the auto market for decades.
In the view of the Federation of Thai Industries (FTI), EV prices may not be attractive enough to bring about a massive change, while the availability of EV charging facilities poses a challenge to EV infrastructure development.
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