Mr Kimura says the state’s measures will benefit the motorcycle market.
Thai Honda Manufacturing Co, a motorcycle manufacturer and distributor, aims to outpace the estimated growth of the country’s motorcycle market by 3% this year as its looks forward to expansion into the electric motorcycle segment.
The projection is partly driven by more than 50,000 accumulated pre-orders from last year.
The company is conducting a feasibility study on electric motorcycles for sale in both domestic and overseas markets.
“The EV [electric vehicle] industry in Thailand tends to grow further, thanks to the government’s policy to support the industry,” said Shiketo Kimura, president of Thai Honda Manufacturing.
“We believe the electric motorcycle market in Thailand will be materialised once demand reaches 200,000 units…
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