Thai PM promises to accelerate Thailand’s electric vehicle future

The Thai PM wants to cement Thailand’s reputation as the biggest SE Asian hub for car manufacturing, and electric cars too. Currently Thailand is the world’s 10th largest manufacturer of vehicles (OICA 2021).

Some of the world’s leading automobile manufacturers – Honda, Toyota, Mitsubishi, Nissan, Suzuki, Mazda, Mercedes Benz, Ford, Volvo and BMW – have manufacturing plants in Thailand. Last year, the production volume of automobiles was 1.69 million. The export volume of automobiles in Thailand was over 850,000 units.

Now Thailand is aiming to assemble electric vehicles, aka. EVs, and parts. domestically within the next year. This accelerates the earlier target of 2024, according to the Thai PM Prayut Chan-o-cha.

The PM says that the government is “speeding up promotion of EV assembly in Thailand” and plans to kick off full EV-builds in the Kingdom…