32.4 C
Bangkok
Tuesday, April 30, 2024

Thailand aims for only electric vehicles by 2035

Thailand has announced an ambitious plan to move to only sell zero-emission electric vehicles by 2035 as it aims to be at the forefront of the electric car market. Right now in Thailand, less than 1% of the vehicles on the road are electric but an advisor to the Energy Ministry’s national policy committee said that it’s clear the world is heading that way and Thailand should grab hold of that market to help recover from the Covid-19 pandemic. The country already has a stable supply chain and strong production of conventional automobiles, so it is hoped that the transition to zero-emission vehicles will be successful.

The automotive industry brings in about 10% of Thailand’s economy and supports about 850, 000 employees. Other industries such as plastic, steel, iron, and petrochemicals are all heavily supported by the automotive industry. And 50% of cars produced in Thailand…

Read more…

Latest Articles